$ 3,425,000
6368 Arbutus Avenue Huntington Park, CA 90255
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$ 3,425,000
Est. payment | /mo
8,730 SqFt
$ 3,425,000
Est. payment | /mo
8,730 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,730 sqft
Price per Sqft $392
MLS Listing ID CL23297359
HOA Y/N No
Year Built 1929
Lot Size 0.342 Acres
Acres 0.34
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 Listing
Zoning HPCN
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Type Other
Building
New Construction No
Others
Tax ID 6319007024
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Enrique Viramontes • Remax Commercial and Investment Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "