2538 Hill Street Huntington Park, CA $ 988,000
2538 Hill Street
$ 988,000
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2538 Hill Street

Huntington Park, CA, 90255
$ 988,000
Bedrooms5 Baths5.0 Sq 3,834

Monthly Estimate*

$ 6,901

Listed by Justin White
2538 Hill Street, Huntington Park, CA 90255 - Image 1
2538 Hill Street, Huntington Park, CA 90255 - Image 2
2538 Hill Street, Huntington Park, CA 90255 - Image 3
2538 Hill Street, Huntington Park, CA 90255 - Image 4
2538 Hill Street, Huntington Park, CA 90255 - Image 5
2538 Hill Street, Huntington Park, CA 90255 - Image 6
2538 Hill Street, Huntington Park, CA 90255 - Image 7
2538 Hill Street, Huntington Park, CA 90255 - Image 8
2538 Hill Street, Huntington Park, CA 90255 - Image 9

Multi-Family Home for sale in Huntington Park, CA

for $988,000 with 5 bedrooms and 5 full baths. This 3,834 square foot home was built in 1950 on a lot size of 0.2016.

This property is situated near the intersection of Broadway/Pacific. It offers a total of 5 one-bedroom units, a spacious studio, and an additional room, providing a diverse range of rental options to cater to various tenant needs. The property boasts two separate buildings. The front structure is a single-story building, emphasizing accessibility and convenience, while the rear building stands as a two-story edifice, offering versatility in accommodating diverse tenant preferences. This property benefits from its strategic location within a harmonious mix of smaller apartment complexes and single-family residences. This positioning ensures a vibrant and stable rental market. Notably, this property stands out with one of the largest parcels in the area, translating into a notably spacious and comfortable living environment for tenants. To further enhance its appeal, the front units boast an inviting patio area, providing residents with a serene and pleasant outdoor space to enjoy. Furthermore, this property presents significant potential for increased rental income. Strategic investments in fixtures and overall aesthetics provide ample room for substantial growth in rental revenue, ultimately enhancing its long-term profitability. In summary, this property represents an exceptional investment opportunity, offering a harmonious blend of practicality, growth potential, and tenant satisfaction.

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Multi-Family Active

Price

$ 988,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.2016

Year Built

1950

Town/City

Huntington Park

County/Region

Los Angeles

MLS | Web ID

PW23216976

Days on Market

167

Features
General
Sewer SepticTank
Garage Spaces 3.0
Pool Features None
Year Built 1950
Property SubType Apartment
Gross Income 61440.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 28489.0
Operating Expense 31108.0
Insurance Expense 4000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions North of Broadway
City Huntington Park
Entry Location 1
View Y/N N
Senior Community Y/N N
Total Units 5
MLS Area 699 - Not Defined
Lot Size Square Feet 8780.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Hill
Listing Terms Conventional
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 2400.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 148
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot -
Property Sub Type Additional Apartment
Taxes 15886.0
Cap Rate 2.88
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Exterior
Lot Features Item25UnitsAcre
Water Source Public
Total Parking 3.0
Lot Size Area 8780.0
Number of Buildings 2
Spa N
Building Area Total 3834.0
Lot Size Acres 0.2016
Lot Size Units SquareFeet
Lot Size Source PublicRecords
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 5
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 2538
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* Excluded Features
List By
Justin White

Broker

(714) 231-2537

Phone

Affordability Calculator

$6,901
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,901
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/28/2023$988,000 Listed Price

Map


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2538 Hill Street, Huntington Park, CA, 90255 is a Multi-Family Home for sale at $988,000 with 3,834 sqft and a lot size of 0.2016. 2538 Hill Street has 5 bedrooms, 5.0 baths, and was built in 1950. The property's zip code is 90255 which is in Huntington Park, CA