$3,425,000
6368 Arbutus Avenue
Huntington Park, CA, 90255
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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Courtesy of Remax Commercial and Investment Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
6368 Arbutus Avenue
Huntington Park, CA
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