Huntington Park Homes with Apartment Subtype

Huntington Park Homes with Apartment Subtype

Welcome to Huntington Park, a vibrant gem nestled in the heart of Los Angeles County, California. This dynamic city is known for its rich cultural diversity, bustling community spirit, and a variety of amenities that make it an ideal place to call home. With its convenient location just a few miles from downtown Los Angeles, Huntington Park offers residents easy access to the vibrant lifestyle of the city while maintaining its own unique charm.

Huntington Park is characterized by its eclectic neighborhoods, where you’ll find a delightful mix of residential options, including homes with apartment subtypes. These versatile properties are perfect for those looking to invest in a multi-family dwelling or seeking a comfortable living space with the possibility of rental income. The homes in Huntington Park often feature spacious layouts, modern amenities, and outdoor spaces that invite relaxation and enjoyment.

The city boasts a range of parks, shopping centers, and local eateries, making it easy to enjoy leisure time without having to venture far. The annual events and community gatherings foster a sense of belonging and connection among residents. With a strong emphasis on family-friendly activities and educational opportunities, Huntington Park is a wonderful place for families and individuals alike.

Whether you’re a first-time homebuyer or an experienced investor, the homes with apartment subtypes in Huntington Park present an excellent opportunity to embrace the Southern California lifestyle. Discover the charm and potential of this thriving community, where your dream home awaits!

Newest Huntington Park Homes with Apartment Subtype

$1,625,000
CV26099601 MLS Active Status
We are proud to present 6200 Malabar Street – a 7-unit multifamily property located in the heart of Huntington Park, CA. Huntington Park is located within LA County’s Southeast region just 7-miles outside of DTLA, centered between the 710-, 5-, and 110-freeways. The property is located within a 10-mile drive to major employment hubs like City of Vernon, City of Commerce, and DTLA. Locally, tenants enjoy being just steps from Pacific Blvd – Huntington Park’s heaviest retail corridor providing access to a variety of retailers, convenience stores, and places to dine. Tenants also enjoy convenient access to big name retailers within a 3-mile drive like Target, Home Depot, Northgate Market, and Several Local Parks and Schools. The property offers 7 single-story, ground-level apartments, consisting of 4, 1-Bedroom and 3, 2-Bedroom units. The property sits on a 7,500+ SF lot and, in addition to housing, offers on-site garage parking and a community laundry room – all income generating attributes that are sparse for tenants in the area. The property currently generates over +/-$155,000 in rental income, with an additional +/-$5,400 of revenue via rentable garages and a shared laundry facility. With a total annual revenue of +/-$161,000, a new investor will benefit from a current 7.03% CAP Rate and 10.08 GRM. A new investor also has the rare opportunity to assume the existing debt of +/-$982,000 at a below market interest rate of 3.45%, which is fixed until mid-2029. The deal boasts an impressive in-place 8.77% Cash-on-Cash return with the assumption of the current debt.

6200 Malabar, Huntington Park

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.