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

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

$2,075,000

14 Beds ⋅ 7 Baths ⋅ 23305657 MLS ⋅ Active Status

7-unit apartment building located in a quiet residential neighborhood of Huntington Park, CA. Consisting entirely of spacious 2-bedroom 1 bath (& 1.5 bath) units averaging 987 square feet each, this well-maintained property presents a clear value-add opportunity, with at least 20% rental upside and without the constraints of city rent control. The property is only subject to AB1482 (allowing for 8.8% rent increases annually). The building is separately metered for gas, electricity, and hot water. There are 8 garage parking spaces, providing 1 space per unit and two for the "master" unit. Some of the building's renovations include a new roof in 2019, new 100 gallon water heater (and circulating pump) in 2019, and plumbing re-piping in 1999. Located about a half mile from Pacific Boulevard, the city's primary shopping mecca, 6363 Cedar Street offers a variety of retail, dining, and schools within walking distance.

6363 Cedar Street, Huntington Park

$3,425,000

13 Beds ⋅ 15 Baths ⋅ 23297359 MLS ⋅ Active Status

Introducing the opportunity to acquire this 15-unit investment property in prime Huntington Park. The subject property is comprised of two separate parcels with a combined unit mix Fourteen 1 bedroom + 1 bath units and One commercial/retail storefront. The units are spread out among the two parcels with frontage on Arbutus Avenue and Gage Avenue for an aggregate lot size of almost 15,000 SF! Onsite garages are available for residential units and offer investors an opportunity to boost income by adding multiple ADUs per parcel (buyers to verify). The Arbutus Apartments offer plenty of upside potential in rental income to an investor looking for an immediate high dollar return with room to grow. Separately metered for gas and electricity. Tenants enjoy a close proximity to dining and shopping along Pacific Blvd and several area schools are a short distance away. The site is strategically located minutes to Downtown Los Angeles, Arts District, and easy access to the 710, 10, 5, 101, and 60 Freeways.

6368 Arbutus Avenue, Huntington Park

$2,340,000

PW23114546 MLS ⋅ Active Status

2421-2425 E. 53rd Street offers a buyer an excellent opportunity to purchase a single story bungalow-style 12-unit building in the city Huntington Park. The units are all small one bedroom/one bath units. Huntington Park is located centrally with easy access to all major freeways such as the 710, 110, & 10 Freeways. This property offers secure entry, privacy screen doors and on-site laundry giving the new owner the opportunity easily increase rents and further increase that already high cash-on-cash return. Some mapping software will show the property as being located in Vernon or Los Angeles--but the building is in the city of Huntington Park.

2421 2425 E 53rd Street, Huntington Park

$2,050,000

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

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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.