Huntington Park, CA 90255
$2,700,000
Mark Quesada
Broker / Owner
DRE #02101365
Price Reduced! Exceptional opportunity to acquire a 14-unit apartment community in the city of Huntington Park, now offering an attractive 6.2% CAP Rate and 10.8 GRM. The improved pricing provides investors with strong day-one cash flow at an attractive price per unit, along with significant potential to increase returns through an estimated 30% upside in rental income. The property features an excellent unit mix consisting of four 2-Bed/1-Bath units and ten 1-Bed/1-Bath units, providing desirable floor plans that support consistent tenant demand. Offering approximately 9,160 rentable square feet on a 13,887 sq. ft. lot, the property occupies a prime corner location within walking distance to shopping, dining, and schools. Tenants enjoy an impressive 19 onsite garage parking spaces, a particularly valuable amenity in the Huntington Park rental market, along with private gated entry and an onsite laundry facility. These features enhance the property's overall rental appeal and provide added convenience for residents.
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$19,927/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Kristopher German, RE/MAX 2000 REALTY
MLS# CV26114763 · Active
History reflects records reported to the MLS and may be incomplete.