Listed by Enrique Viramontes - DRE #01372010 - Remax Commercial and Investment Realty 213-817-1000
$3,425,000 affordable loan icon Calculate Payment

6368 Arbutus Avenue Huntington Park, CA 90255

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Cluster Residence
13 Beds
15 Baths
8,730 Sq. Ft.
0.34 Acre Lot

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Last updated on 11/15/2024 11:28 PM
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 parcel...s 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. Continue reading
MLS#
23297359
Property Type
Cluster
Status
Bedrooms
13
Bathrooms
Year Built
1929
Square Feet
8,730 sq. ft
Lot Size
0.34
Stories
2.0

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Listed by Enrique Viramontes - DRE #01372010 - Remax Commercial and Investment Realty 213-817-1000
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/15/2024 11:28 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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