Property Detail

2724 58th

Huntington Park CA 90255

$1,590,000

Status: Active

Property Details

Description

Pleased to present 2724 East 58th Street, Huntington Park, an 8-unit apartment building. Built in 1941 and comprised of 100% 1-bedroom/1-bath floor plans, this offering presents significant rental upside potential, with a favorable $198,750 per unit and $281 per square foot, complemented by garage parking and a desirable 8.6% cap rate on market rents. Situated in a phenomenal rental area, this property represents an attractive prospect for an investor seeking an established income-generating asset.

Map Location

Listing provided courtesy of Rick Applebaum of Morgan Skenderian. Last updated 2024-11-28 09:11:51.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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