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

8

Building size

5,317 sqft

Lot size

8,982 sqft

Year built

1948

Stories

2

Garage spaces

4

Pool

None

Status

Active

Days on market

128

MLS #

242863579

About this property

Look No Further! Introducing 2616 Broadway Ave! Excellent opportunity to own an 8-unit multifamily property in the heart of Huntington Park. Situated on an 8,982 SF lot with approximately 5,317 SF of building area, this income-producing property features a desirable unit mix of (1) 2-bedroom/1.5-bath unit, (5) 1-bedroom/1-bath units, and (2) studio units. Currently generating approximately $10,450 per month in rental income, the property offers immediate cash flow with upside potential through future rent growth. Conveniently located near shopping, schools, public transportation, and major freeways, making it an attractive option for tenants and investors alike. Whether you’re looking to expand your portfolio or acquire your first multifamily property, this is a great opportunity to own a well-located asset with strong long-term potential.

Location

2616 Broadway

Huntington Park, Los Angeles, CA, 90255