2724 E 58th ST Active

Huntington Park,CA 90255

$ 1590000

- Bed

- Bath

5654 SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,654 sqft

Price per Sqft $281

MLS Listing ID PW24176802

Year Built 1941

Annual Tax Amount $24,879

Lot Size 6,516 Sqft

Property Description

Pleased to present 2724 East 58th Street, Huntington Park, an 8-unit apartment building. Built in 1941 and comprised of 100% 1-bedroom/1-bath floor plans, this offering presents significant rental upside potential, with a favorable $198,750 per unit and $281 per square foot, complemented by garage parking and a desirable 8.6% cap rate on market rents. Situated in a phenomenal rental area, this property represents an attractive prospect for an investor seeking an established income-generating asset.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning HPR3YY

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Laundry Common Area

Exterior

Garage Assigned

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs,Gutter(s),Sidewalks

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

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