2724 E 58th Street, Huntington Park, CA 90255
- $1,590,000
- $281
2724 E 58th Street, Huntington Park, CA 90255
- $1,590,000
- $281
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.
Address
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Address: 2724 E 58th Street
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City: Huntington Park
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State/county: CA
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Zip/Postal Code: 90255
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Area: 699 - Not Defined
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Country: United States
Details
Updated on September 12, 2024 at 10:12 am-
Property ID SGR-33830419
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Price $1,590,000
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Land Area 6515.00 m²
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Garages 5.00
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Year Built 1941
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Property Type Residential Income
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Property Status For Sale
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Living Area 5654.00
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MLS# PW24176802
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Office Name MORGAN SKENDERIAN
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Agent Name Rick Applebaum
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MLS Status Active
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Living Area Prefix Sqft
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Co-Office Name Morgan Skenderian
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Co-Agent Name Doug Rodermund
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Agent State License 01273871
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Co-Agent State License 01314304
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IDX Contact Info rma@morganskenderian.com
Additional details
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Sewer Public Sewer
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Tax Annual 24879.00
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County Los Angeles
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Property SubType Commercial/Residential
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Parking 5.00
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Water Source Public
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