6368 Arbutus Avenue Huntington Park, CA ^$ 3,425,000

6368 Arbutus Avenue

^$ 3,425,000

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6368 Arbutus Avenue

Huntington Park, CA, 90255

^$ 3,425,000

Studio Baths0.0 Sq 8,730

Monthly Estimate*

^$ 23,925

6368 Arbutus Avenue, Huntington Park, CA 90255 - Image 1

6368 Arbutus Avenue, Huntington Park, CA 90255 - Image 2

6368 Arbutus Avenue, Huntington Park, CA 90255 - Image 3

6368 Arbutus Avenue, Huntington Park, CA 90255 - Image 4

6368 Arbutus Avenue, Huntington Park, CA 90255 - Image 5

6368 Arbutus Avenue, Huntington Park, CA 90255 - Image 6

6368 Arbutus Avenue, Huntington Park, CA 90255 - Image 7

6368 Arbutus Avenue, Huntington Park, CA 90255 - Image 8

6368 Arbutus Avenue, Huntington Park, CA 90255 - Image 9

6368 Arbutus Avenue, Huntington Park, CA 90255 - Image 10

6368 Arbutus Avenue, Huntington Park, CA 90255 - Image 11

Studio

Multi-Family Home for sale in Huntington Park, CA

for $3,425,000. This 8,730 square foot home was built in 1929 on a lot size of 0.34.

Introducing the opportunity to acquire this 15-unit investment property in prime Huntington Park. The subject property is comprised of two separate parcels with a combined unit mix Fourteen 1 bedroom + 1 bath units and One commercial/retail storefront. The units are spread out among the two parcels with frontage on Arbutus Avenue and Gage Avenue for an aggregate lot size of almost 15,000 SF! Onsite garages are available for residential units and offer investors an opportunity to boost income by adding multiple ADUs per parcel (buyers to verify). The Arbutus Apartments offer plenty of upside potential in rental income to an investor looking for an immediate high dollar return with room to grow. Separately metered for gas and electricity. Tenants enjoy a close proximity to dining and shopping along Pacific Blvd and several area schools are a short distance away. The site is strategically located minutes to Downtown Los Angeles, Arts District, and easy access to the 710, 10, 5, 101, and 60 Freeways.

Multi-Family Active

Price

^$ 3,425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.34

Year Built

1929

Town/City

Huntington Park

County/Region

Los Angeles

MLS | Web ID

0023297359

Features

General

Heating Wall Furnace

Zoning HPCN*

Year Built 1929

Levels Two

County Los Angeles

Net Operating Income 175165.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Huntington Park

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area Vernon Maywood HP Be

Lot Size Square Feet 14891.0

Street Name Arbutus

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Garage

Lot Size Area 14891.0

Foundation Details None

Building Area Total 8730.0

Lot Size Acres 0.34

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N No

Heating Y/N Yes

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Enrique Viramontes

Listing Agent

Remax Commercial And Investment Realty

Broker

Affordability Calculator

$23,925

Per Month

Monthly Principal & Interest: $23,925
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Huntington Park, CA

Average List Price ^$1,816,843

Percent of Sale Price 47%

About Huntington Park, CA

58,103 Population

-6% Since 2002

^$36,176 Median Income

31.95 Median Age

45% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/3/2023	$3,425,000		Listed Price

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6368 Arbutus Avenue, Huntington Park, CA, 90255 is a Multi-Family Home for sale at $3,425,000 with 8,730 sqft and a lot size of 0.34. 6368 Arbutus Avenue is a studio with 0.0 baths and was built in 1929. The property's zip code is 90255 which is in Huntington Park, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/4/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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6368 Arbutus Avenue

Multi-Family Home for sale in Huntington Park, CA

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