6249 Newell St - Apartments FOR SALE


Huntington Park, CA 90255
$945,000 USD
213-233-4363
6249 Newell St, Huntington Park, CA for Sale
$945,000 USD
Apartments - FOR SALE
1/6
null | 5.01% Cap Rate

6249 Newell St
Huntington Park, CA 90255


HIGHLIGHTS

  • Single-Story Apartment Building with Onsite Parking
  • Prime Rental Market in Huntington Park
  • Recent Exterior and Interior Renovations
  • Unit Mix Comprised of All One Bedroom, One Bathroom Units

OVERVIEW

Enrique Viramontes, with RE/MAX Commercial and Investment Realty, proudly presents The Newell Apartments, a well-maintained multifamily investment opportunity situated in the thriving city of Huntington Park. This property is comprised of five one bedroom, one bathroom units, each equipped with an assigned parking space for tenants, a valuable amenity in this high-demand urban location. Offered for the first time in over two decades, the property has been meticulously maintained by long-term ownership, with several upgrades completed to preserve the asset and ensure consistent cash flow. Conveniently located in the central hub of Huntington Park, the property provides exceptional access to major transportation corridors, including the 5, 710, 10, and 110 freeways. The property is situated just minutes from various entertainment and recreational facilities, schools, and nearby medical facilities.

FOR SALE DETAILS

PRICE

$945,000 USD

PRICE/SF

$307 USD /SF

# OF UNITS

5

PRICE/UNIT

$189,000

CAP RATE

5.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,852 SF

ZONING

HPR3YY

APN/PARCEL ID

6319-016-019

ASK ABOUT THIS PROPERTY

Enrique ViramontesRE/MAX Commercial & Investment RealtyMore Info
213-233-4363

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Enrique ViramontesRE/MAX Commercial & Investment RealtyMore Info
213-233-4363

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