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$ 2,925,000
Est. payment /mo
Active
2821 Randolph Street Huntington Park, CA 90255
3 Beds
2 Baths
0.32 Acres 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 CV26114763
Bedrooms 3
Lot Size 0.319 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Priced to Sell! Exceptional opportunity to acquire a 14-unit apartment community in the city of Huntington Park, offered at $2,925,000. This well-located asset delivers a strong 5.4% CAP Rate and 12 GRM, providing attractive day-one cash flow with significant long-term upside potential. The property features an excellent unit mix consisting of four 2-Bed/1-Bath units and ten 1-Bed/1-Bath units, appealing to a broad tenant base and supporting consistent occupancy. Offering approximately 9,160 rentable square feet on a 13,887 sq. ft. lot, the property is positioned on a prime corner location within walking distance to shopping, dining, and schools. Tenants enjoy highly desirable amenities including 19 onsite garage parking spaces, private gated entry, and an onsite laundry facility, features that continue to support tenant retention and rental performance. Investors will also appreciate the propertys excellent price per unit and the opportunity to capture a massive 30% upside in rental income, creating a path to increased cash-flow over time.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Slauson Ave. West of Boyle Ave.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6320009028
Listed by Kristopher German, DRE#01800021 RE/MAX 2000 REALTY
NEARBY SCHOOLS & PROPERTIES
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