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Key Details
Sold Price $770,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV22046597
Sold Date 05/27/22
HOA Y/N No
Year Built 1923
Lot Size 5,240 Sqft
Property Description
Great Investment Opportunity in the Beautiful City of Huntington Park. This Tri-plex is established in a thriving neighborhood with massive potential. The current tenants have resided in the property for many years and have always been prompt with their rent. The lease agreements expire this month, giving the new owner the opportunity to draft up their own lease agreement, and increase rent. The current rents are under market value, giving this property and the new owner a promising future with massive cash flow. All residents have their designated parking spaces, while the rear unit has a single car attached garage and an additional parking space. All units are separately metered for gas and electricity. The property resides across the street from San Antonio Elementary School. In addition, the residence is only five miles from Downtown Los Angeles, the University of Southern California (USC), and eleven miles from Los Angeles International Airport (LAX). Don’t miss out on this great opportunity.
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Zoning HPR3YY
Interior
Interior Features All Bedrooms Down, Bedroom on Main Level
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplaces Type Bath, Dining Room, Family Room, Gas, Gas Starter, Kitchen
Fireplace Yes
Appliance Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater
Laundry None
Exterior
Garage Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, One Space
Garage Spaces 1.0
Garage Description 1.0
Fence Average Condition, Chain Link
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Roof Type Composition
Accessibility Accessible Doors
Parking Type Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, One Space
Total Parking Spaces 3
Private Pool No
Building
Lot Description Level, Rectangular Lot, Street Level
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6319008007
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA
Listing Terms Cash, Cash to New Loan, Conventional, FHA
Financing Conventional
Special Listing Condition Standard
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Bought with Lorena Murillo • Executive Bankers Realty
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