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$2,300,000

Beds
18
sq ft
7,650

2938 E 60th Pl, Huntington Park, CA 90255

2938 E 60th Pl

Huntington Park, CA 90255

  • 218 days on market
    • Price drop $50,000↓
NEW PRICING. We are pleased to offer for sale a 9 unit apartment building in the city of Huntington Park. The asset consists of three 3 bedroom-1.5 bathroom and six 2 bedroom-1 bathroom units. This offering presents an opportunity for an investor to add value through management and rehabilitation in a high-density, high-demand in-fill rental market. The city of Huntington Park does not have a rent control ordinance and the owner is only bound by AB 1482, which allows for up to 8.8% rent increases annually. Situated in a very attractive, quiet pocket of Huntington Park, the building has 9 carport spaces, on-site laundry, and is separately metered for gas and electricity. The city of Huntington Park is centrally located close to the employment centers of Vernon and Downtown Los Angeles. The property enjoys close proximity to Pacific Boulevard, the city's main retail corridor.

Details

Property type

Lot size

9,002 sq ft

Price per sq ft

$301

Year built

1962

HOA

No

Price History

07/08/2024
CLAW

CLAW #24380259

Price change
$2,300,000
-2.13%
06/11/2024
CLAW

CLAW #24380259

Price change
$2,350,000
-1.55%
04/15/2024
CLAW

CLAW #24380259

Listed
$2,387,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/20/2024 at 12:45 AM

Listing updated: 09/09/2024 at 9:39 AM

Listed by: Darin Spillman, Kidder Mathews of California, Inc. Phone #: (310) 312-2800

MLS: CLAW #24380259

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