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

2938 E 60th Place

^$ 2,387,000

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Recently Listed

2938 E 60th Place

Huntington Park, CA, 90255

^$ 2,387,000

Bedrooms18 Baths9.0 Sq 7,650

Monthly Estimate*

^$ 16,674

Listed by Kidder Mathews of California, Inc.

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

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

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

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

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

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

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

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

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

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

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

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

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

2938 E 60th Place, Huntington Park, CA 90255 - Image 14

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

Multi-Family Home for sale in Huntington Park, CA

for $2,387,000 with 18 bedrooms and 9 full baths. This 7,650 square foot home was built in 1962 on a lot size of 0.2067.

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

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2067

Year Built

1962

Town/City

Huntington Park

County/Region

Los Angeles

MLS | Web ID

24380259

Days on Market

Features

General

Heating WallFurnace

Cooling WallWindowUnits

Zoning HPR3YY

Year Built 1962

Stories 1

Levels One

Gross Income 174120.0

County Los Angeles

Net Operating Income 104842.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage Y

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions South of Slauson North of Randolph west of Boyle East of Miles Ave.

City Huntington Park

View Y/N N

Senior Community Y/N N

Total Units 9

MLS Area T1 - Vernon Maywood Hunt Pk & Bell N of Florenc

Lot Size Square Feet 9002.0

Private Pool N

Waterfront Y/N N

Carport Spaces 9.0

Carport Y/N Y

Street Name 60th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Year Built Source Assessor

Exterior

Parking Features AttachedCarport DetachedCarport

Total Parking 9.0

Lot Size Area 9002.0

Number of Buildings 1

Spa N

Building Area Total 7650.0

Lot Size Acres 0.2067

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Place

Total Bedrooms 18

Electric On Property Y/N N

Total Baths 9

Internal Only

Street Number 1 2938

* Excluded Features

List By

Kidder Mathews Of California, Inc.

Broker

(310) 592-8269

Phone

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 ^$1,812,645

Percent of Sale Price 24%

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.

273443 Elementary School

272636 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 E 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 0.2067. 2938 E 60th Place has 18 bedrooms, 9.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2938 E 60th Place

Multi-Family Home for sale in Huntington Park, CA

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