CA > Huntington Park
Huntington Park, CA 90255,6368 Arbutus AVE
Huntington Park, CA 90255,6368 Arbutus AVE
Huntington Park, CA 90255,6368 Arbutus AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,425,000
Est. payment /mo
13 Beds
15 Baths
8,730 SqFt
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UPDATED:

10/09/2024 06:29 PM

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

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

Read Less Info
California Regional MLS (CRMLS)
Listed by Enrique Viramontes • Remax Commercial and Investment Realty

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