Mohr Real Estate Group

Mohr Real Estate Group

6368 Arbutus Avenue Huntington Park CA 90255 MLS #23297359

6368 Arbutus Avenue
Huntington Park, CA, 90255
$3,425,000
Beds
0 Baths
SqFt
0.34 Acres
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$3,425,000
6368 Arbutus Avenue
Huntington Park, CA, 90255
MLS #23297359 img 0

Property Description


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 parcels 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.

Property Details

Price:
$3,425,000
MLS #:
23297359
Status:
Active
Baths:
0
Address:
6368 Arbutus Avenue
Type:
Residential Income
Neighborhood:
t1vernonmaywoodhuntpkbellnofflorenc
City:
Huntington Park
Listed Date:
Aug 3, 2023
State:
CA
ZIP:
90255
Lot Size:
14,891 sqft / 0.34 acres (approx)
Year Built:
1929

Schools

Interior

Cooling
None
Heating
Wall Furnace

Exterior

Parking Features
Garage
Parking Spots
14.00
Stories Total
2

Financial

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6368 Arbutus Avenue
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