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$2,387,000
18 bed
7,650 Sqft
9,002 Sqft lot

2938 E 60th Place, Huntington Park, California 90255

  • Residential Income Property Type
  • 29 Days Time on market
  • $312 Price per sqft
  • 1962 Year Built
Property Description

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.

Basic Details
Residential Income
Buy
24380259
$2,387,000
18
7,650 Sqft
1962
9,002 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
: Wall/window Unit(s)
9
$0
Address
CA
Los Angeles
Huntington Park
90255
2938 E 60th Place
2938
Place
0
W119° 47' 2.3''
N33° 59' 9.4''
E
Additional Information
29
1
2
9
: One
1
1
7,650 Sqft
0 Sqft
0 Sqft
: Assessor
0.21 Sqft
9,002 Sqft
1
0 Sqft
HPR3YY
6310022007
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
15/04/2024 12:31:36
$0
: Standard
South of Slauson, North of Randolph, west of Boyle, East of Miles Ave.
Kidder Mathews of California, Inc.
Darin Spillman
CLW-X8241002
CLW-X91036
$0
9
1
1
0
0
1
1
1
9
174120
US-06037-N-6310022007-R-N
15/04/2024 19:43:39
60th
T1 - Vernon, Maywood, Hunt Pk & Bell, N of Flo
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