6125 Stafford Avenue, Huntington Park, CA 90255

$895,000 Approx. USD 0 beds, 0 baths
3,524 sqft

Agent Remarks

JUST REDUCED!!! - Seller is Motivated!!! We are pleased to exclusively offer for sale this 10 unit investment property located in the highly desirable rental pocket of Huntington Park. The current owner has owned and operated the subject property for 16+ years. The property was purchased as, and has always functioned as a 10 unit property. Both the buyer and the buyer’s agent are to do their own investigations with regards to the legal number of conforming units. Currently the unit mix consists of 1 2Bed/1Bath unit, 3 1Bed/1Bath units, and 6 Studios, spread among three separate structures. Subject Property offers a new investor an 8+% cash return with current rents! At a current GRM of 9.88 and a market Cap Rate well over 6%, this property is priced to sell!

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# CV16175996
List price is $895,000 Reduced by $30,000 on 9/28/2016
Beds: 0
Baths: 0
Built in 1926
3,524 sqft
0.17 acres
Lot size: 7471.000
County: Los Angeles
Zoning: HPR4YY
MLS area: 699 - Not Defined

Last Updated: 10/14/2016

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This listing belongs to the 699 - Not Defined MLS area

The listing is zoned HPR4YY.
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Lat/Long: 33.984226, -118.221710.
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Broker: Courtesy of RE/MAX 2000

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