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$ 1,395,000
Est. payment /mo
Active
2671 Clarendon Avenue Huntington Park, CA 90255
4,286 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,286 sqft
Price per Sqft $325
MLS Listing ID CRCV25217957
HOA Y/N No
Year Built 1923
Lot Size 7,672 Sqft
Acres 0.18
Property Sub-Type Other
Property Description
NEW PRICE! Current 5.4% CAP Rate & 11 GRM! We are pleased to offer for sale this 8 unit multi-family investment property in the city of Huntington Park. This asset presents a rare opportunity to acquire a single-story 8-unit apartment property in a prime Huntington Park rental location. The offering features two structures totaling 4,286 rentable sq. ft. on a 7,672 sq. ft. lot. The first structure consists of four 1-Bed/1-Bath units and two Studio apartments, while the second structure offers two 1-Bed/1-Bath units. Residents benefit from private gated entry and an onsite laundry facility, adding convenience and rental desirability. With 35% upside in rental income, this property presents strong cash-flow growth potential alongside long-term appreciation. Investors will benefit from a well-positioned investment with strong rental demand drivers.
Location
State CA
County Los Angeles
Zoning HPCP
Interior
Fireplace No
Laundry Other
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 6320022017
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Listed by Kristopher German • RE/MAX 2000 REALTY