Property Detail

2938 60th

Huntington Park CA 90255

$2,300,000

Status: Active

Property Details

Description

NEW PRICING. We are pleased to offer for sale a 9 unit apartment building in the city of Huntington Park. The asset consists of three 3 bedroom-1.5 bathroom and six 2 bedroom-1 bathroom units. This offering presents an opportunity for an investor to add value through management and rehabilitation in a high-density, high-demand in-fill rental market. The city of Huntington Park does not have a rent control ordinance and the owner is only bound by AB 1482, which allows for up to 8.8% rent increases annually. Situated in a very attractive, quiet pocket of Huntington Park, the building has 9 carport spaces, on-site laundry, and is separately metered for gas and electricity. The city of Huntington Park is centrally located close to the employment centers of Vernon and Downtown Los Angeles. The property enjoys close proximity to Pacific Boulevard, the city's main retail corridor.

Map Location

Listing provided courtesy of Darin Spillman of Kidder Mathews of California, Inc.. Last updated 2024-11-26 09:11:19.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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