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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV25223898
Bedrooms 4
Lot Size 6,500 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Just Listed! Exceptional value-add opportunity in Huntington Park, 7 units spread across three separate structures on a 6,500 sq. ft. lot, totaling 4,214 rentable sq. ft. The property features a desirable unit mix: a 3-Bed/1-Bath detached cottage, four 1-Bed/1-Bath units in a 4-plex, and two 1-Bed/1-Bath units in a duplex. Tenants benefit from private gated entry, garage parking, and an onsite laundry facility, enhancing long-term rental demand. Recent capital improvements include new electrical panels (2025), and with separately metered electricity and gas, operating expenses remain low. Currently generating a 5.67% CAP Rate and 11.58 GRM, this asset also boasts a 35% rental upside for investors looking to increase returns through strategic management. Priced to sell, this is a must-see investment in one of Southeast Los Angeles Countys most stable rental markets.
Location
State CA
County Los Angeles
Zoning Assessor
Exterior
View Y/N No
Building
Story 2
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Bought with Kristopher German RE/MAX 2000 REALTY
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