2671 Clarendon Ave - Apartments FOR SALE


Huntington Park, CA 90255
$1,495,000 USD
626-427-0786
2671 Clarendon Ave, Huntington Park, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/9
null | 4.96% Cap Rate

2671 Clarendon Ave
Huntington Park, CA 90255


HIGHLIGHTS

  • Listed for $1,495,000 - Priced to Sell!
  • Desirable Single-Story Construction
  • Tenants Enjoy Private Gated Entry & Onsite Laundry
  • 35% Upside in Rental Income!

OVERVIEW

8 Units Priced to Sell! Kristopher German of The Apartment Dealer is pleased to offer for sale this 8 unit multi-family investment property in the city of Huntington Park. This asset presents a rare opportunity to acquire a single-story 8-unit apartment property in a prime Huntington Park rental location. The offering features two structures totaling 4,286 rentable sq. ft. on a 7,672 sq. ft. lot. The first structure consists of four 1-Bed/1-Bath units and two Studio apartments, while the second structure offers two 1-Bed/1-Bath units. Residents benefit from private gated entry and an onsite laundry facility, adding convenience and rental desirability. With 35% upside in rental income, this property presents strong cash-flow growth potential alongside long-term appreciation. Investors will benefit from a well-positioned investment with strong rental demand drivers

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$249 USD /SF

# OF UNITS

8

PRICE/UNIT

$186,875

CAP RATE

4.96%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

35% Upside in Rental Income!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,672 SF

ZONING

HPCPYY

APN/PARCEL ID

6320-022-017

ASK ABOUT THIS PROPERTY

Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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Kristopher GermanThe Apartment DealerMore Info
626-427-0786

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.