2938 E 60th Pl, Huntington Park, CA 90255 | For Sale

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For Sale $1,995,000 ($260.78 per Sq Ft)

$1,995,000 ($260.78 per Sq Ft)
  • (0)
  • 9 Units
  • 7,650 Sq Ft
  • 9,002 Sq Ft
  • Unknown Cap Rate

Description

NEW PRICING. We are pleased to offer for sale a 9 unit apartment building in the city of Huntington Park. The asset consists of three 3 bedroom-1.5 bathroom and six 2 bedroom-1 bathroom units. This offering presents an opportunity for an investor to add value through management and rehabilitation in a high-density, high-demand in-fill rental market. Situated in a very attractive, quiet pocket of Huntington Park, the building has 9 carport spaces, on-site laundry, and is separately metered for gas and electricity. The city of Huntington Park is centrally located close to the employment centers of Vernon and Downtown Los Angeles. The property enjoys close proximity to Pacific Boulevard, the city's main retail corridor.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,995,000
Property Type Multi-Family
Usable Sqft 7,650
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1962
Last Sold Unknown
Sold Price Unknown
APN # 6310022007
MLS # 24380259
Property ID 292134876
Lot Sqft 9,002
Zoning HPR3YY
Total Units 9
Days on Market 687
Original List Price $2,387,000
Date Updated December 18, 2025
Date Created April 14, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 3 1.50 $1,400 $1,400
Unit #2 3 1.50 $1,680 $3,360
Unit #3 2 1.00 $1,700 $3,400
Unit #4 2 1.00 $1,500 $6,000
Gross Income (Yr) $ 179,520
Operating Expenses $ 61,739
Net Income (Yr) $ 115,579
Cap Rate5.80%
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Listing Provided By

Darin Spillman an agent of . Lic #01366902


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