Huntington Park, CA 90255,2814 Saturn
Huntington Park, CA 90255,2814 Saturn
Huntington Park, CA 90255,2814 Saturn
$1,200,000
Est. payment /mo
$1,350,000
11.1%
Est.Price: ?

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5,231 Sqft Lot
SOLD DATE : 10/01/2021

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW21117889

Sold Date 10/01/21

HOA Y/N No

Year Built 1947

Lot Size 5,231 Sqft

Property Description

Marcus & Millichap is pleased to present 2814 Saturn Avenue a 7 unit investment property in Huntington Park, California. The property consists of two buildings on a single parcel- a fourplex and a triplex respectively. Four of the units are 1 bed/1 bath, two are 2 bed/1 bath, and one is a 2 bed/2 bath that used to function as two separate 1 bed/1 bath units years ago. Per the LA county assessor, the property is legally 8 units, but has been functioning as a 7 unit property. All of the units are separately metered for gas and electricity. The property also features surface parking and tuck under parking for each tenant. With rents currently 50% under market rate, this presents a great opportunity for a "value-add" investor to capture substantial upside in rental income by undergoing a rehab program to modernize the units and achieve market rent.

Location

State CA

County Los Angeles

Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Total Parking Spaces 7

Private Pool No

Building

Lot Description Paved

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6322030013

Acceptable Financing Conventional

Listing Terms Conventional

Financing Private

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jackson Jorgensen • Marcus & Millichap
Bought with NONE NONE • None MRML

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Max Chuong Thai

+1(323) 309-3423

Agent | License ID: 02134406

Agent License ID: 02134406

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