$1,590,000
2724 58th Street, Huntington Park 90255
1
Bed
1
Bath
6,515
Lot Size
8
# Of Units
Listing Agent
Rick Applebaum - Morgan SkenderianPleased to present 2724 East 58th Street, Huntington Park, an 8-unit apartment building. Built in 1941 and comprised of 100% 1-bedroom/1-bath floor plans, this offering presents significant rental upside potential, with a favorable $198,750 per unit and $281 per square foot, complemented by garage parking and a desirable 8.6% cap rate on market rents. Situated in a phenomenal rental area, this property represents an attractive prospect for an investor seeking an established income-generating asset.
Facts & Features
| MLS® # | PW24176802 |
|---|---|
| Price | $1,590,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Lot Size | 6,515 |
| Year Built | 1941 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
| # Of Units | 8 |
Community Information
| Address | 2724 58th Street |
|---|---|
| Area | 699 - Not Defined |
| City | Huntington Park |
| County | Los Angeles |
| Zip Code | 90255 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Assigned |
| # of Garages | 5 |
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | August 26th, 2024 |
|---|---|
| Days on Market | 101 |
| Zoning | HPR3YY |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Rick Applebaum |
|---|---|
| Office | Morgan Skenderian |