2724 E 58th Street, Huntington Park, CA 90255

  • $1,590,000
  • $281
2724 E 58th Street, Huntington Park, CA 90255
  • Residential Income
  • Property Type
  • 5.00
  • Garages
  • 1941
  • Year Built
For Sale
2724 E 58th Street, Huntington Park, CA 90255
  • $1,590,000
  • $281

Overview

Property ID: SGR-33830419
  • Residential Income
  • Property Type
  • 5.00
  • Garages
  • 1941
  • Year Built

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 2724 E 58th Street
  • City Huntington Park
  • State/county CA
  • Zip/Postal Code 90255
  • Area 699 - Not Defined
  • Country United States

Details

Updated on September 12, 2024 at 10:12 am
  • Property ID: SGR-33830419
  • Price: $1,590,000
  • Land Area: 6515.00 m²
  • Garages: 5.00
  • Year Built: 1941
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 5654.00
  • MLS#: PW24176802
  • Office Name: MORGAN SKENDERIAN
  • Agent Name: Rick Applebaum
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Morgan Skenderian
  • Co-Agent Name: Doug Rodermund
  • Agent State License: 01273871
  • Co-Agent State License: 01314304
  • IDX Contact Info: rma@morganskenderian.com

Additional details

  • Sewer: Public Sewer
  • Tax Annual: 24879.00
  • County: Los Angeles
  • Property SubType: Commercial/Residential
  • Parking: 5.00
  • Water Source: Public

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