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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
44745275
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 13
Bathroom Information
- Total Baths: 15
- Full Baths: 0
- Half Baths: 0
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1929
- Building Area Total: 8,730
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3419
- Lot Size Source: Assessor
- Lot Size Square Feet: 14891
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Listing Information
Listing Price Information
- Original List Price: 3,425,000
- Listing Contract Date: 2023-08-03
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 6319007024
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
- Postal Code Plus 4: 4463
- Directions: Located on the corner of Arbutus Ave and Gage Ave
- Zoning: HPCN*
- Source Property Type: Residential Income
- Area: T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
Building and Construction
- Property Age: 95
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 8730
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 11/24/2024 @ 00:00
- MLS: 23297359
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 13 bedrooms which is for sale, it has 8,730 sqft, 14,891 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Huntington Park , in zip code 90255, this Los Angeles County Home are nearby neighborhoods.