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Listed by Rick Applebaum • Morgan Skenderian
$1,590,000
Est. payment /mo
5,654 SqFt
Active
2724 East 58th Street Huntington Park, CA 90255
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UPDATED:
08/26/2024 08:21 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,654 sqft
Price per Sqft $281
MLS Listing ID PW-24176802
Year Built 1941
Lot Size 6,515 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
Zoning HPR3YY
Interior
Laundry Community
Exterior
Parking Features Assigned
Garage Spaces 5.0
Pool None
Community Features Curbs, Gutters, Sidewalks
Building
Lot Description Lot 6500-9999
Sewer Public Sewer