CA > Huntington Park
Huntington Park, CA 90255,2724 E 58th ST
Huntington Park, CA 90255,2724 E 58th ST
Huntington Park, CA 90255,2724 E 58th ST
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$1,590,000
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6,516 Sqft Lot
Active

2724 E 58th ST Huntington Park, CA 90255

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Mason Frakes

Mason Frakes

+1(805) 260-4860

UPDATED:

12/05/2024 02:20 AM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24176802

HOA Y/N No

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

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6309029005

Energy Description 1329.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Lease Land No

California Regional MLS (CRMLS)
Listed by Rick Applebaum • Morgan Skenderian • rma@morganskenderian.com

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Mason Frakes

Broker Associate | License ID: 02036823

+1(805) 260-4860

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