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Key Details
Sold Price $1,575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22140905
Sold Date 05/30/22
HOA Y/N No
Year Built 1928
Lot Size 8,542 Sqft
Property Description
RE/MAX Commercial & Investment Realty is proud to present the sale of the Cottages on Rugby a classic garden style apartment complex in the city of Huntington Park. The property consists of a total of 8 units; 6 spacious 1 Bed + 1 Bath bungalows and 2 large 1+1s over enclosed garages. Occupancy has been at historically high levels with most of the tenants living there for years; a realistic (+/- 50%) upside in rental income! Cottages on Rugby have an amazing Walk Score of 94! Tenants have the ability to grab coffee, lunch, dinner, and shop without the need of driving a true asset in today's inflationary market! Centrally located in the heart of historic downtown Huntington Park (Pacific Boulevard), there is quick access to multiple transportation arteries and major freeways (710, 110, 10, 60, 101 and 105), hospitals (St. Francis Medical Center & Kaiser Permanente), schools (Middleton Street Elementary School, Henry T Gage Middle School, and Huntington Park High School).
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Zoning HPR4YY
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Garage
Parking Type Garage
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 6322019018
Special Listing Condition Standard
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Bought with Enrique Viramontes • Remax Commercial and Investment Realty