2724 E 58th Street Active

Huntington Park,CA 90255

$ 1590000

- Bed

0 Bath

5654 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,654 sqft

Price per Sqft $281

MLS Listing ID CRPW24176802

Year Built 1941

Lot Size 6,515 Sqft

Property Description

Pleased 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.

Location

State CA

County Los Angeles

Area Listing

Zoning HPR3

Interior

Laundry Community Facility

Building

Sewer Public Sewer

Water Public

New Construction No

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