$2,700,000
Price Reduced! Exceptional opportunity to acquire a 14-unit apartment community in the city of Huntington Park, now offering an attractive 6.2% CAP Rate and 10.8 GRM. The improved pricing provides investors with strong day-one cash flow at an attractive price per unit, along with significant potential to increase returns through an estimated 30% upside in rental income. The property features an excellent unit mix consisting of four 2-Bed/1-Bath units and ten 1-Bed/1-Bath units, providing desirable floor plans that support consistent tenant demand. Offering approximately 9,160 rentable square feet on a 13,887 sq. ft. lot, the property occupies a prime corner location within walking distance to shopping, dining, and schools. Tenants enjoy an impressive 19 onsite garage parking spaces, a particularly valuable amenity in the Huntington Park rental market, along with private gated entry and an onsite laundry facility. These features enhance the property's overall rental appeal and provide added convenience for residents.
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6729 Middleton, Huntington Park
Listed by Pat Swanson with Pat Swanson
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7015 Rugby, Huntington Park
Listed by Donald Brabant with Brabant Realty & Management
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2768 Randolph St, Huntington Park
Listed by Kevin Yee with Property Leaders
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7126 Stafford Ave, Huntington Park
Listed by Kevin Yee with Property Leaders
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2616 Broadway, Huntington Park
Listed by Yehia Zakaria with Century 21 Jervis & Associates
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7716 California, Huntington Park
Listed by Suhaila Sabir with Excellence RE Real Estate
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4301 E 60th St, Huntington Park
Listed by RENE RAMIREZ with Castra Realty, Inc
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2918 Randolph, Huntington Park
Listed by Ixbalanque Garcia with Won Suk Kim Real Estate, Inc.