2815-2821 Randolph St - Apartments FOR SALE


Huntington Park, CA 90255
$2,925,000 USD
626-427-0786
2815-2821 Randolph St, Huntington Park, CA for Sale
$2,925,000 USD
Apartments - FOR SALE
1/8
null | 5.42% Cap Rate

2815-2821 Randolph St
Huntington Park, CA 90255


HIGHLIGHTS

  • EXCELLENT PRICE PER UNIT!
  • Great Unit Mix: (4) 2-Bed/1-Bath & (10) 1-Bed/1-Bath
  • Tenants Enjoy: 19 Onsite Garage Parking Spaces, Private Gated Entry, & Onsite Laundry Facility
  • Prime Corner Location - Walking Distance to Shops, Dining & Schools

OVERVIEW

Kristopher German of The Apartment Dealer is pleased to offer for sale this exceptional opportunity to acquire a 14-unit apartment community in the city of Huntington Park, offered at $2,925,000. This well-located asset delivers a strong 5.4% CAP Rate and 12 GRM, providing attractive day-one cash flow with significant long-term upside potential. The property features an excellent unit mix consisting of four 2-Bed/1-Bath units and ten 1-Bed/1-Bath units, appealing to a broad tenant base and supporting consistent occupancy. Offering approximately 9,160 rentable square feet on a 13,887 sq. ft. lot, the property is positioned on a prime corner location within walking distance to shopping, dining, and schools. Tenants enjoy highly desirable amenities including 19 onsite garage parking spaces, private gated entry, and an onsite laundry facility, features that continue to support tenant retention and rental performance. Investors will also appreciate the property’s excellent price per unit and the opportunity to capture a massive 30% upside in rental income, creating a path to increased cash-flow over time.

FOR SALE DETAILS

PRICE

$2,925,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

14

PRICE/UNIT

$208,929

CAP RATE

5.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Day 1 Strong Cash-Flow | Priced to Sell

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,887 SF

ZONING

HPCN-R3*

APN/PARCEL ID

6320-009-028

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.