Huntington Park, CA 90255 6368 Arbutus Avenue

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Presented By: Enrique Viramontes with Remax Commercial and Investment Realty;
  • MLS# 23297359
  • 08/03/2023
  • Request Tour
  • Request Info
  • BedBeds • 13
  • BathBaths • 15
  • FootageSQFT • 8,730
  • GarageGarage • 1

Home Details

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.
Presented By: Enrique Viramontes with Remax Commercial and Investment Realty;

Interior Features for 6368 Arbutus Avenue

Bedrooms

Total Bedrooms13

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths15

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixAvenue
Total Stories2

General for 6368 Arbutus Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.11
Carport Y/NNo
CityHuntington Park
CoolingNone
CountyLos Angeles
Days on Market244
DirectionsLocated on the corner of Arbutus Ave and Gage Ave
Garage Y/NYes
Gross Income268680.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet14891.0
MLS AreaT1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
MobileHomeRemainsYNNo
Net Operating Income175165.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameArbutus
Total Units15
View Y/NNo
Waterfront Y/NNo
Year Built1929
ZoningHPCN*

Exterior for 6368 Arbutus Avenue

Building Area Total8730.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.3419
Lot Size Area14891.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings11
Open Parking Y/NNo
Parking FeaturesGarage
SpaNo
Total Parking14.0

Additional Details

Price History

1527188455

First Team Client Services

Price $3,425,000
MLS#23297359
List Date 08/03/2023
Property Type Multi-Family
Phone 714.964.3311
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