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$ 2,945,000
Est. payment /mo
Coming Soon
6729 Middleton Huntington Park, CA 90255
0.39 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID OC26203300
HOA Y/N No
Year Built 1938
Lot Size 0.391 Acres
Property Sub-Type Apartment
Property Description
Cash Flow - 7.65% Actual CAP Rate, with a projected 8.0%+/- Year 1 CAP Rate.! This investment offers an exceptional combination of strong in-place cash flow and future upside. Priced at just $196,333 per unit, the property presents an attractive basis, while also being located within an Opportunity Zone offering potential capital gains tax advantages. The asset consists of two separate parcels and is ideal opportunity for a 1031 exchange buyer. Additional features include ample parking consisting of six garages, six open parking spaces, a 2-car tandem driveway. Because this is a 15-unit complex, there also is no requirement for an on-site manager!
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Suburban, Sidewalks
Utilities Available Sewer Not Available
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer None
Water Public
New Construction No
Others
Senior Community No
Tax ID 6321023020
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Pat Swanson Pat Swanson 213-864-2862, DRE #01382974
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