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Listed by Justino Faaola, DRE #02038198 • COMPASS
$ 1,625,000
Est. payment /mo
New
6200 Malabar Huntington Park, CA 90255
7,507 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26099601
Year Built 1923
Lot Size 7,507 Sqft
Source California Regional MLS
Property Description
We are proud to present 6200 Malabar Street - a 7-unit multifamily property located in the heart of Huntington Park, CA. Huntington Park is located within LA County's Southeast region just 7-miles outside of DTLA, centered between the 710-, 5-, and 110-freeways. The property is located within a 10-mile drive to major employment hubs like City of Vernon, City of Commerce, and DTLA. Locally, tenants enjoy being just steps from Pacific Blvd - Huntington Park's heaviest retail corridor providing access to a variety of retailers, convenience stores, and places to dine. Tenants also enjoy convenient access to big name retailers within a 3-mile drive like Target, Home Depot, Northgate Market, and Several Local Parks and Schools. The property offers 7 single-story, ground-level apartments, consisting of 4, 1-Bedroom and 3, 2-Bedroom units. The property sits on a 7,500+ SF lot and, in addition to housing, offers on-site garage parking and a community laundry room - all income generating attributes that are sparse for tenants in the area. The property currently generates over +/-$155,000 in rental income, with an additional +/-$5,400 of revenue via rentable garages and a shared laundry facility. With a total annual revenue of +/-$161,000, a new investor will benefit from a current
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Interior
Laundry Laundry Area, Washer/Dryer - Owned
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 6320019004
Special Listing Condition Not Applicable
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