Properties
Huntington Park, CA 90255 4301 E 60th Street
$2,000,000
Presented By: RENE RAMIREZ with Castra Realty, Inc; 951-384-0656
Baths • 1
SQFT • 4,334
Home Details
Fully occupied 7-unit multifamily investment opportunity located on a corner lot in Huntington Park. The property consists of two low-rise buildings and offers long-term tenancy with stable in-place income. Unit mix includes primarily 1-bedroom/1-bath units along with larger 2-bedroom units. Several units feature updated kitchens, remodeled bathrooms, and newer flooring. Tenants pay their own electricity with individually metered units, contributing to lower operating expenses. The property includes six on-site parking spaces, a valuable amenity in this submarket. Centrally located near schools, public transportation, major employment centers, and with convenient access to the 5, 710, and 105 freeways. Ideal for investors seeking a stable asset with long-term upside potential. Drive-by only; do not disturb occupants.
Presented By: RENE RAMIREZ with Castra Realty, Inc; 951-384-0656
Interior Features for 4301 E 60th Street
Other Interior Features
Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesSee Remarks
Total Stories2
Other Rooms
Entry Level1
General for 4301 E 60th Street
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5
CityHuntington Park
Community FeaturesSidewalks
Contingencynone
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsNorth on S Atlantic Blvd, Take L on to 60th Street, Property at the corner of Fishburn & 60th.
Entry Locationvary
Garage Spaces
Garage Y/NNo
Gross Income114264
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to Existing Loan, Cash to New Loan, Submit
Lot Size Square Feet5586
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
Net Operating Income87172
New ConstructionNo
Number Of Units Total7
Number of Units Leased7
Open Parking Spaces6
Operating Expense23780
Pool FeaturesNone
PossessionSee Remarks
PostalCityHUNTINGTON PARK
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot547
Tenant PaysCable TV, Electricity, Gas, Telephone
Total Actual Rent114264
Trash Expense0
UtilitiesElectricity Connected, Sewer Connected, Water Connected
ViewNeighborhood
Water Sewer Expense0
Year Built1955
Year Built SourcePublic Records
ZoningHPR3YY
Exterior for 4301 E 60th Street
Building Area Total4334
Lot FeaturesCorner Lot
Lot Size Acres0.1282
Lot Size Area5586
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Parking FeaturesPaved, One Space, Uncovered
Private PoolNo
SpaNo
Total Parking6
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
