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6826 Newell St

Huntington Park, CA 90255
  • $725,000
  • STATUS: Active Under Contract
  • ON SITE: 34 Days
  • MLS #: 22-161039
Under Contract
UPDATED: 18 min ago
$725,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,838
    SQFT
  • $394
    $/SQFT

School Ratings & Info

Description

We are pleased to present a lovely Triplex located in a growing neighborhood of Huntington Park. This listing features a desirable single-story construction with TWO 1 Bedroom + 1 Bathroom units and ONE 2 Bedroom + 1 Bathroom unit. Tenants enjoy the convenience of on-site garage parking. The property consists of a 1,838 Square Foot building on a 6,807 Square Feet Lot Zoned HPR1*. This investment property boasts a tremendous value-add opportunity which includes a +/-50% Rental Upside Potential. The current use makes this property eligible for a 30 year fixed residential financing. This triplex is located down the block from the Lucille Roybal Allard Elementary School and within walking distance to the Salt Lake Park and the city's Parks and Recreation. Close to many Shopping Centers within the immediate area. The property falls between Bell and Maywood. Short Commute to all the major freeways. All units are occupied, please do not disturb tenants.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-29T06:44:57.077. 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.
www.haciendagroupinc.com/homes/129171756
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6826 Newell St Huntington Park, CA 90255

  • Price: $725,000
  • Status: Active Under Contract
  • On Site: 34 Days
  • Updated: 18 min ago
  • MLS #: 22-161039
4
Beds
0
Baths
0
½ Baths
0.16
Acres
1,838
SQFT
$394
$/SQFT
1951
Built
Neighborhood:
Vernon, Maywood, Hunt Pk &Amp; Bell, N Of Florence, W Of 710
County:
Los Angeles
Area:
Vernon, Maywood, Hunt Pk &Amp; Bell, N Of Florence, W Of 710
Property Description
We are pleased to present a lovely Triplex located in a growing neighborhood of Huntington Park. This listing features a desirable single-story construction with TWO 1 Bedroom + 1 Bathroom units and ONE 2 Bedroom + 1 Bathroom unit. Tenants enjoy the convenience of on-site garage parking. The property consists of a 1,838 Square Foot building on a 6,807 Square Feet Lot Zoned HPR1*. This investment property boasts a tremendous value-add opportunity which includes a +/-50% Rental Upside Potential. The current use makes this property eligible for a 30 year fixed residential financing. This triplex is located down the block from the Lucille Roybal Allard Elementary School and within walking distance to the Salt Lake Park and the city's Parks and Recreation. Close to many Shopping Centers within the immediate area. The property falls between Bell and Maywood. Short Commute to all the major freeways. All units are occupied, please do not disturb tenants.
Exterior Features

Lot Size Area 6807 Other Structures Other Parking Garage Garage Total Parking 3

Interior Features

Baths Total 3.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 358351 Gross Income 43200 Gross Operating Income 41904 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 23587.00 Number Of Buildings 2 Number Of Units 3 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 18317 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Hpr1*

Listing provided courtesy of Shant Sherbetdjian DRE#01713570 of Remax Commercial And Investment Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-29T06:44:57.077. 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.
 
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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253