Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

7

Building size

4,334 sqft

Lot size

5,586 sqft

Year built

1955

Stories

2

Garage spaces

0

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

Neighborhood

Status

Active

Days on market

356

MLS #

226053018

About this property

Fully occupied 7-unit multifamily investment opportunity located on a corner lot in Huntington Park. The property consists of two low-rise buildings and offers long-term tenancy with stable in-place income. Unit mix includes primarily 1-bedroom/1-bath units along with larger 2-bedroom units. Several units feature updated kitchens, remodeled bathrooms, and newer flooring. Tenants pay their own electricity with individually metered units, contributing to lower operating expenses. The property includes six on-site parking spaces, a valuable amenity in this submarket. Centrally located near schools, public transportation, major employment centers, and with convenient access to the 5, 710, and 105 freeways. Ideal for investors seeking a stable asset with long-term upside potential. Drive-by only; do not disturb occupants.

Location

4301 E 60th Street

Huntington Park, Los Angeles, CA, 90255