Huntington Park Homes with Apartment Subtype

Huntington Park Homes with Apartment Subtype

Welcome to Huntington Park, a vibrant city located in Los Angeles County, California. Known for its diverse community and rich cultural heritage, Huntington Park offers residents a unique blend of urban amenities and suburban charm.

If you're in the market for a home with an apartment subtype, Huntington Park has a variety of options to choose from. Whether you're looking for a cozy apartment within a larger residential complex or a multi-family property for investment purposes, you'll find a range of homes that fit your needs.

Living in a home with an apartment subtype in Huntington Park offers the convenience of additional rental income or the flexibility to accommodate extended family members. With easy access to local parks, schools, and shopping centers, these properties provide a comfortable and convenient lifestyle for residents.

Explore the diverse neighborhoods of Huntington Park and discover the perfect home with an apartment subtype that suits your preferences. From charming bungalows to modern duplexes, there's something for everyone in this dynamic city.

Experience the best of urban living in Huntington Park, where you can enjoy the perfect blend of community, culture, and convenience. Find your dream home with an apartment subtype in this thriving city and start living the California lifestyle you've always imagined.

Newest Huntington Park Homes with Apartment Subtype

$1,625,000
CV26099601 MLS Active Status
We are proud to present 6200 Malabar Street – a 7-unit multifamily property located in the heart of Huntington Park, CA. Huntington Park is located within LA County’s Southeast region just 7-miles outside of DTLA, centered between the 710-, 5-, and 110-freeways. The property is located within a 10-mile drive to major employment hubs like City of Vernon, City of Commerce, and DTLA. Locally, tenants enjoy being just steps from Pacific Blvd – Huntington Park’s heaviest retail corridor providing access to a variety of retailers, convenience stores, and places to dine. Tenants also enjoy convenient access to big name retailers within a 3-mile drive like Target, Home Depot, Northgate Market, and Several Local Parks and Schools. The property offers 7 single-story, ground-level apartments, consisting of 4, 1-Bedroom and 3, 2-Bedroom units. The property sits on a 7,500+ SF lot and, in addition to housing, offers on-site garage parking and a community laundry room – all income generating attributes that are sparse for tenants in the area. The property currently generates over +/-$155,000 in rental income, with an additional +/-$5,400 of revenue via rentable garages and a shared laundry facility. With a total annual revenue of +/-$161,000, a new investor will benefit from a current 7.03% CAP Rate and 10.08 GRM. A new investor also has the rare opportunity to assume the existing debt of +/-$982,000 at a below market interest rate of 3.45%, which is fixed until mid-2029. The deal boasts an impressive in-place 8.77% Cash-on-Cash return with the assumption of the current debt.

6200 Malabar, Huntington Park

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.