6368 Arbutus Avenue , Huntington Park, CA 90255
Huntington Park, CA 90255
Description
Introducing the opportunity to acquire this 15-unit investment property in prime Huntington Park. The subject property is comprised of two separate parcels with a combined unit mix Fourteen 1 bedroom + 1 bath units and One commercial/retail storefront. The units are spread out among the two parcels with frontage on Arbutus Avenue and Gage Avenue for an aggregate lot size of almost 15,000 SF! Onsite garages are available for residential units and offer investors an opportunity to boost income by adding multiple ADUs per parcel (buyers to verify). The Arbutus Apartments offer plenty of upside potential in rental income to an investor looking for an immediate high dollar return with room to grow. Separately metered for gas and electricity. Tenants enjoy a close proximity to dining and shopping along Pacific Blvd and several area schools are a short distance away. The site is strategically located minutes to Downtown Los Angeles, Arts District, and easy access to the 710, 10, 5, 101, and 60 Freeways.
Details
| Mls | 23297359 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1929 |
| Days On Site | 490 |
| Listing Provided By | Remax Commercial and Investment Realty 213-817-1000 | Enrique Viramontes |
Features
| Beds | 13 |
|---|---|
| Baths | 15 |
| Sq Feet | 8,730 |
| Storys | 2 |
| Units | 15 |
| Buildings | 11 |
| Zoning | HPCN* |
| Acreage | 0.34 |
Market Activity 90255
Request A Showing
Request A Showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Huntington Park |
| Zip Code | 90255 |
| Area | T1 Vernon | Maywood | Hunt Pk & Bell | N of Florenc |
| Listing VS Median (in 90255) | |
Price: $3,425,000 low | high Med: $759,200 SqFt: 8,730 low | high Med: 1,578 $ / SqFt: $392 low | high Med: $481 On Site: 490 low | high Med: 391.000000 | |