6368 Arbutus Avenue

Huntington Park, CA 90255

$3,425,000

List Price

13

bed Beds

15

shower Baths

8,730 sqft

straighten / sqft

1929

calendar_month Built

Property Description

Introducing the opportunity to acquire this 15-unit investment property in prime Huntington Park. The subject property is comprised of two separate parcels with a combined unit mix Fourteen 1 bedroom + 1 bath units and One commercial/retail storefront. The units are spread out among the two parcels with frontage on Arbutus Avenue and Gage Avenue for an aggregate lot size of almost 15,000 SF! Onsite garages are available for residential units and offer investors an opportunity to boost income by adding multiple ADUs per parcel (buyers to verify). The Arbutus Apartments offer plenty of upside potential in rental income to an investor looking for an immediate high dollar return with room to grow. Separately metered for gas and electricity. Tenants enjoy a close proximity to dining and shopping along Pacific Blvd and several area schools are a short distance away. The site is strategically located minutes to Downtown Los Angeles, Arts District, and easy access to the 710, 10, 5, 101, and 60 Freeways.

Listing Information

List Price $3,425,000
Status Active
MLS 23297359
Type Residential Income
Year Built 1929
Lot Size 14,891
Structure Size 8,730
DOM 482
Courtesy Of Remax Commercial and Investment Realty
Listing Agent Enrique Viramontes DRE#01372010

Interior Features

Total Bedroom
Bedrooms 13
Total Bathroom
Bathrooms 15
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Enrique Viramontes, Remax Commercial and Investment Realty 213-233-4363. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 1:42 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.