Huntington Park Homes with Apartment Subtype

Huntington Park Homes with Apartment Subtype

Welcome to Huntington Park, California—a vibrant gem nestled in the heart of Los Angeles County! Known for its rich cultural diversity and lively atmosphere, Huntington Park offers a unique blend of urban living and community charm. With its convenient location just a stone's throw from downtown Los Angeles, residents enjoy easy access to an array of amenities, including shopping, dining, and entertainment options.

Huntington Park is particularly renowned for its welcoming neighborhoods, making it an ideal place for families, young professionals, and retirees alike. One of the standout features of this city is its impressive selection of homes, especially those with apartment subtypes. Whether you're looking for a cozy apartment or a spacious multi-family unit, Huntington Park has something to suit every lifestyle and budget.

These homes often boast modern amenities and thoughtful designs, providing residents with comfortable living spaces. Many properties feature open floor plans, updated kitchens, and ample natural light, making them perfect for both relaxation and entertaining. The community is also enriched by beautiful parks and recreational areas, offering residents a chance to enjoy the great outdoors right at their doorstep.

In addition to its residential offerings, Huntington Park is home to a vibrant local scene, with farmers' markets, cultural festivals, and a variety of dining options that reflect its diverse community. Whether you're seeking a bustling urban lifestyle or a peaceful retreat, Huntington Park is a place where you can truly feel at home. Explore the possibilities and discover your dream apartment in this charming city today!

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.