Huntington Park, CA 90255,4210 E 61st ST

$1,200,000

Est. payment /mo

$1,200,000

Est.Price: ?

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4210 E 61st ST Huntington Park, CA 90255

10,018 Sqft Lot

SOLD DATE : 12/03/2020

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW20199504

Sold Date 12/03/20

HOA Y/N No

Year Built 1953

Lot Size 10,018 Sqft

Property Description

4210 East 61st Street is a 1953 construction with seven one-bedroom units, one of which is non-conforming, that are separately metered for gas and electricity. The property also offers shared on-site laundry, five income-generating single-car garages, eight parking spaces, and a new main water line from the meter to the building.

4210 East 61st Street is well-located in Huntington Park proximate to schools and retail with a WalkScore of 89. The property is just one block from Maywood Academy High School and within four blocks of both Huntington Park Elementary and Nueva Vista Elementary. Tenants also enjoy being within easy walking distance of the grocery stores, dining options, and retail along nearby Atlantic Boulevard.

This offering presents a great opportunity for an investor to acquire an asset in a strong rental market with a history of low vacancy rates and capture 35 percent rental upside.

Location

State CA

County Los Angeles

Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc

Zoning HPR3YY

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Urban

Total Parking Spaces 13

Private Pool No

Building

Lot Description Rectangular Lot

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6317012026

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker
Bought with John Lacey • Crystal Properties

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

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