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$ 1,395,000
Est. payment /mo
Price Dropped by $100K
2671 Clarendon Avenue Huntington Park, CA 90255
1 Bed
7,672 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25217957
Bedrooms 1
Lot Size 7,672 Sqft
Property Sub-Type Res Income 2-4 Units
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 Assessor
Direction South of Randolph St. East of Pacific Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 6320022017
Listed by Kristopher German RE/MAX 2000 REALTY
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