$ 2,300,000
2938 E 60th PL Huntington Park, CA 90255
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$ 2,300,000
Est. payment /mo
Active
2938 E 60th PL Huntington Park, CA 90255
18 Beds
9 Baths
7,650 SqFt
UPDATED:
09/30/2024 06:23 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,650 sqft
Price per Sqft $300
MLS Listing ID 24380259
Bedrooms 18
HOA Y/N No
Year Built 1962
Lot Size 9,003 Sqft
Property 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.
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Zoning HPR3YY
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Attached Carport, Detached Carport
Carport Spaces 9
Parking Type Attached Carport, Detached Carport
Attached Garage Yes
Total Parking Spaces 9
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6310022007
Special Listing Condition Standard
Listed by Darin Spillman • Kidder Mathews of California, Inc.