$ 3,425,000
6368 Arbutus AVE Huntington Park, CA 90255
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$ 3,425,000
Est. payment | /mo
13 Beds
15 Baths
8,730 SqFt
$ 3,425,000
Est. payment | /mo
13 Beds
15 Baths
8,730 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,730 sqft
Price per Sqft $392
MLS Listing ID 23297359
Bedrooms 13
HOA Y/N No
Year Built 1929
Lot Size 0.342 Acres
Property 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.
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Zoning HPCN*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Garage
Parking Type Garage
Total Parking Spaces 14
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6319007024
Special Listing Condition Standard
Listed by Enrique Viramontes • Remax Commercial and Investment Realty
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Jennifer Lucero
Broker Associate | Lic# 01956495