2938 E 60th Place, Huntington Park, CA, 90255

  • $2,350,000
  • $2,350,000
2938 E 60th Place , Huntington Park, CA 90255
Active For Sale
2938 E 60th Place , Huntington Park, CA 90255
  • $2,350,000
  • $2,350,000

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.

  • Address 2938 E 60th Place
  • City Huntington Park
  • State/county CA
  • Zip/Postal Code 90255

Details

Updated on June 11, 2024 at 3:15 pm
  • Property ID: 24380259
  • Price: $2,350,000
  • Land Area: 0.2067 Acres
  • Year Built: 1962
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)
  • Zone: HPR3YY
  • Parking: Detached Carport,Attached Carport
  • Days On Market: 58
  • LotSize SquareFeet: 9002.00

Features

Listed by

Kidder Mathews of California, Inc.
Agent Name : Darin Spillman
Agent State License : 01366902

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