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.
Property Details
Price:
$1,590,000
MLS #:
PW24176802
Status:
Active
Baths:
0
Address:
2724 E 58th Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
699notdefined
City:
Huntington Park
Listed Date:
Aug 26, 2024
State:
CA
ZIP:
90255
Lot Size:
6,515 sqft / 0.15 acres (approx)
Year Built:
1941
See this Listing
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Schools
Interior
Exterior
Community Features
Curbs, Gutters, Sidewalks
Garage Spaces
5.00
Lot Features
Lot 6500-9999
Parking Features
Assigned
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address2724 E 58th Street Huntington Park CA
- Area699 – Not Defined
- CityHuntington Park
- CountyLos Angeles
- Zip Code90255
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Courtesy of Morgan Skenderian. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.2724 E 58th Street
Huntington Park, CA
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