Huntington Park Properties over $2,000,000 for Sale

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Newest Huntington Park Properties over $2,000,000 for Sale

$4,900,000

P1-13039 MLS ⋅ Active Status

New to market! 2 contiguous parcels sold together, corner of Gage and Rugby Ave. combined lot size of 24,354 square feet, and located within Huntington Park's Downtown Specific plan. Combined building square footage is 34,141 square foot. 1 building fronts Gage at 2550 E Gage Ave. and currently consist of retail stores, restaurant space and office space on the 2nd floor. The 2nd building is located at 6408 Rugby Ave., and also consists of retail stores and warehouse space. A great opportunity for redevelopment!

6408 Rugby Avenue, Huntington Park

$5,490,000

19 Beds ⋅ 26 Baths ⋅ 23244621 MLS ⋅ Active Status

We are pleased to present for sale, The Clarendon, a twenty-two-unit apartment building in the Huntington Park submarket of Los Angeles. Located on a quiet residential street comprised of mostly single-family homes, the property is a charming, center-courtyard, walk-up. Built in 1964, The Clarendon features a unit mix of twelve studios, two 1-bedroom/1-bath, three 2-bedroom/1-bath, and a four-bedroom/2-bath house. Recently completed in 2022 was the addition of four additional units comprised of one 2-bedroom/1-bath, two 2-bedroom/2-bath and one three-bedroom/two-bath. The additional units are master metered for both gas and electric. Why buy in Huntington Park? Unlike the City of Los Angeles, Huntington Park currently allows for rent increases of 5% + CPI, which is equivalent to 10%. The City of Los Angeles has not allowed rent increases since 2019 and increases on rent-controlled buildings are generally capped at no more than 4%. By allowing higher rent increases Huntington Park gives landlords great flexibility in achieving rents that are closer to market, which is especially beneficial during high inflationary periods. Another benefit is the utility costs are considerably lower in comparison to the City of Los Angeles. New ownership can continue to improve the asset by renovating units as they become vacant, implementing RUBS to recapture utility costs, replacing the leased laundry machines with landlord owned, and continue to give the below market tenants annual rent increases.

2966 Clarendon Avenue, Huntington Park

$2,375,000

PW23027530 MLS ⋅ Active Status

We are pleased to present to market as the exclusive listing agent 6215 Cedar St. a 10 unit apartment building located in Huntington Park. The property consists of two separate buildings, a seven unit in the front and a three unit in the rear with five garage spaces (one is a double car garage) underneath the building. Nine of the units are 1 bed/1 bath and one is a 2 bed/1 bath. There is community laundry on site with leased machines. Over the past few years the current ownership has fully renovated four of the one bedroom units and replaced all windows with new double pane vinyl style throughout the buildings. Rents for the unrenovated units are nearly 45% below market rate, allowing substantial upside for a new investor.

6215 Cedar Street, Huntington Park

$2,500,000

PW23026734 MLS ⋅ Active Status

You must take advantage of this amazing Multi-Family Opportunity featuring an incredible total of 7 units! This is also a fantastic redevelopment opportunity being that it sits in a high density residential zone which allows for the building of up to 16 units! On the current property the Unit Mix is perfect, all with month-to-month tenants highlighting 4 total 3 bedroom–2.5 bath, a 2 bed–1 bath, and 2 total 1 bed–1 bath! The entire property sits on 35,735 Sqft of prime land in a fantastic rental location and measuring 7,548 Sqft of living space. The first set of units sitting on Otis Ave are absolutely fantastic resembling a set of townhomes all with identical spacious layouts including 3 bedrooms, 2.5 bathrooms, open living rooms, kitchens with a full size dining area, and each with huge master bedroom suites with attached master bathrooms! Each of these 3 bedroom units has so many great features including attached 2-car garages with direct access, a downstairs half bath, patio & balcony areas, Central AC/Heat, plenty of closet space, and excess parking for each unit surrounding the entire property! The second half of the property sits on Gifford Ave and includes a stand-alone 2 bed-1 bath with its own front yard and parking area, laminate wood floors, a large living room, kitchen with a dining area and a laundry room! The 1 bed-1 bath units each have their own yard areas and also boast more excess parking! All units are in walking distance of many restaurants and shops and just minutes from easy freeway access! Thank you so much for viewing this fantastic opportunity!

5921 Otis Avenue, Huntington Park

$4,355,000

PW22194292 MLS ⋅ Active Status

Includes three properties, 3154 E Gage, 3162 E. Gage, 6417 1/2 Benson. School, church and apartments. Sold as one.

3154 E Gage Avenue, Huntington Park

$2,100,000

10 Beds ⋅ 9 Baths ⋅ 22193674 MLS ⋅ Active Status

We are pleased to present an exciting investment opportunity at 6822 Marbrisa Avenue, a 9-unit multifamily property located in Huntington Park, California. This Southeast Los Angeles submarket serves a large, dense rental pool, and has one of the lowest vacancy rates in the Los Angeles area. The property itself offers nearly 5,424 square feet of living space across a renter-friendly,single-story layout featuring eight one-bedroom/one-bath units and an additional two-bedroom/one-bath unit. Units sit on a 16,980 square foot corner lot, organized into six separate structures: three duplexes and three standalone units. There is also ample onsite enclosed garage parking. Investors will have the opportunity to implement a systematic renovation program focused on revenue generating improvements. They can then reposition the property among market leaders and increase rental income by approximately 39.1% percent. It is also conveniently located close to a developed shopping district with many national retailers and gives tenants easy access to I-710 and I-5 freeways.

6822 Marbrisa Avenue, Huntington Park

$5,400,000

DW22063794 MLS ⋅ Active Status

PRICE REDUCED ////Centrally located, Two story corner building with retail stores, professional offices, warehouses and 15 parking spaces. This property is located in a busy well know market area . Zoned C2. Build in 1957 and remodeled in 2004 ADA accessible and gated parking lot.

7514 Pacific Boulevard, Huntington Park

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.