$1,950,000
6363 Cedar Street, Huntington Park 90255
4
Beds
2
Baths
6,912
Square feet
7,172
Lot Size
7
# Of Units
Listing Agent
Darin Spillman - Kidder Mathews of California, Inc.7-unit apartment building located in a quiet residential neighborhood of Huntington Park, CA. Seller may consider carrying financing for a qualified buyer. Terms and rate to be determined. Consisting entirely of spacious 2-bedroom 1 bath (& 1.5 bath) units averaging 987 square feet each, this well-maintained property presents a clear value-add opportunity, with at least 20% rental upside and without the constraints of city rent control. The property is only subject to AB1482 (allowing for 8.8% rent increases annually). The building is separately metered for gas, electricity, and hot water. There are 8 garage parking spaces, providing 1 space per unit and two for the "master" unit. The master unit and unit A are both 2-story townhouses. Some of the building's renovations include a new roof in 2019, new 100 gallon water heater (and circulating pump) in 2019, and plumbing re-piping in 1999. Located about a half mile from Pacific Boulevard, the city's primary shopping mecca, 6363 Cedar Street offers a variety of retail, dining, and schools within minutes.
Facts & Features
| MLS® # | 24362771 |
|---|---|
| Price | $1,950,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Square Footage | 6,912 |
| Lot Size | 7,172 |
| Year Built | 1963 |
| Type | Residential Income |
| Status | Pending |
| # Of Units | 7 |
Community Information
| Address | 6363 Cedar Street |
|---|---|
| Area | T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc |
| City | Huntington Park |
| County | Los Angeles |
| Zip Code | 90255 |
Amenities
| Parking Spaces | 8 |
|---|---|
| # of Garages | 8 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Multi/Split |
Exterior
| Exterior | Frame |
|---|---|
| Construction | Frame |
Additional Information
| Date Listed | February 26th, 2024 |
|---|---|
| Days on Market | 51 |
| Zoning | HPR3YY |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Darin Spillman |
|---|---|
| Office | Kidder Mathews of California, Inc. |