2938 East 60th Place Huntington Park, CA ^$ 2,387,000

2938 East 60th Place

^$ 2,387,000

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2938 East 60th Place

Huntington Park, CA, 90255

^$ 2,387,000

Studio Baths0.0 Sq 7,650

Monthly Estimate*

^$ 16,674

2938 East 60th Place, Huntington Park, CA 90255 - Image 1

2938 East 60th Place, Huntington Park, CA 90255 - Image 2

2938 East 60th Place, Huntington Park, CA 90255 - Image 3

2938 East 60th Place, Huntington Park, CA 90255 - Image 4

2938 East 60th Place, Huntington Park, CA 90255 - Image 5

2938 East 60th Place, Huntington Park, CA 90255 - Image 6

2938 East 60th Place, Huntington Park, CA 90255 - Image 7

2938 East 60th Place, Huntington Park, CA 90255 - Image 8

2938 East 60th Place, Huntington Park, CA 90255 - Image 9

2938 East 60th Place, Huntington Park, CA 90255 - Image 10

2938 East 60th Place, Huntington Park, CA 90255 - Image 11

2938 East 60th Place, Huntington Park, CA 90255 - Image 12

2938 East 60th Place, Huntington Park, CA 90255 - Image 13

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2938 East 60th Place, Huntington Park, CA 90255 - Image 16

Studio

Multi-Family Home for sale in Huntington Park, CA

for $2,387,000. This 7,650 square foot home was built in 1962 on a lot size of 0.21.

We are pleased to offer for sale a 9 unit apartment building in the city of Huntington Park. The asset consists of three 3 bedroom-1.5 bathroom and six 2 bedroom-1 bathroom units. This offering presents an opportunity for an investor to add value through management and rehabilitation in a high-density, high-demand in-fill rental market. The city of Huntington Park does not have a rent control ordinance and the owner is only bound by AB 1482, which allows for up to 8.8% rent increases annually. Situated in a very attractive, quiet pocket of Huntington Park, the building has 9 carport spaces, on-site laundry, and is separately metered for gas and electricity. The city of Huntington Park is centrally located close to the employment centers of Vernon and Downtown Los Angeles. The property enjoys close proximity to Pacific Boulevard, the city's main retail corridor.

Multi-Family Active

Price

^$ 2,387,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.21

Year Built

1962

Town/City

Huntington Park

County/Region

Los Angeles

MLS | Web ID

0024380259

Features

General

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning HPR3YY

Year Built 1962

Levels One

County Los Angeles

Net Operating Income 104842.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Huntington Park

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area Vernon Maywood HP Be

Lot Size Square Feet 9002.0

Street Name 60th

Standard Status Active

Year Built Source Assessor

Buyer Agent Compensation Type %

Exterior

Parking Features Detached Carport Attached Carport

Lot Size Area 9002.0

Building Area Total 7650.0

Lot Size Acres 0.21

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Place

Total Baths 0

* Excluded Features

List By

Darin Spillman

Listing Agent

Kidder Mathews Of California, Inc.

Broker

Affordability Calculator

$16,674

Per Month

Monthly Principal & Interest: $16,674
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Huntington Park, CA

Average List Price ^$1,734,419

Percent of Sale Price 27%

About Huntington Park, CA

58,103 Population

-6% Since 2002

^$36,176 Median Income

31.95 Median Age

45% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2024	$2,387,000		Listed Price

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2938 East 60th Place, Huntington Park, CA, 90255 is a Multi-Family Home for sale at $2,387,000 with 7,650 sqft and a lot size of 0.21. 2938 East 60th Place is a studio with 0.0 baths and was built in 1962. The property's zip code is 90255 which is in Huntington Park, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/15/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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2938 East 60th Place

Multi-Family Home for sale in Huntington Park, CA

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