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Listed by Kristopher German • RE/MAX 2000 REALTY
$ 1,395,000
Est. payment /mo
Price Dropped by $100K
2671 Clarendon AVE Huntington Park, CA 90255
7,672 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25217957
Year Built 1923
Lot Size 7,672 Sqft
Source California Regional MLS
Property Description
NEW PRICE! Current 5.4% CAP Rate & 11 GRM! We are pleased to offer for sale this 8 unit multi-family investment property in the city of Huntington Park. This asset presents a rare opportunity to acquire a single-story 8-unit apartment property in a prime Huntington Park rental location. The offering features two structures totaling 4,286 rentable sq. ft. on a 7,672 sq. ft. lot. The first structure consists of four 1-Bed/1-Bath units and two Studio apartments, while the second structure offers two 1-Bed/1-Bath units. Residents benefit from private gated entry and an onsite laundry facility, adding convenience and rental desirability. With 35% upside in rental income, this property presents strong cash-flow growth potential alongside long-term appreciation. Investors will benefit from a well-positioned investment with strong rental demand drivers.
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Rooms
Kitchen None
Interior
Laundry Laundry Area
Exterior
Parking Features Assigned Spaces, Other
Garage Spaces 3.0
Pool 31, None
View None
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Tax ID 6320022017
Special Listing Condition Not Applicable
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