Huntington Park, CA 90255,6207 Middleton ST
Huntington Park, CA 90255,6207 Middleton ST
Huntington Park, CA 90255,6207 Middleton ST
Huntington Park, CA 90255,6207 Middleton ST
Huntington Park, CA 90255,6207 Middleton ST
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$2,300,000

$2,450,000

6.1%
Est.Price: ?

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Est. payment /mo

8,120 SqFt


SOLD DATE : 10/01/2021

Key Details

Sold Price $2,300,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 8,120 sqft

Price per Sqft $283

MLS Listing ID PW21136740

Sold Date 10/01/21

HOA Y/N No

Year Built 1959

Lot Size 7,531 Sqft

Acres 0.1729

Property Description

Marcus & Millichap is pleased to present 6207 Middleton St, a 12 unit multifamily investment opportunity in Huntington Park, California. The property currently has five vacant units, allowing an investor to come in to renovate and rent out the remaining units at market rate. Of the occupied units, rents are approximately 23% below market on average, allowing further rental upside. 6207 Middleton St. consists of a single 1959 constructed building with 10 one-bedroom units, one two bed/1 bath unit, and one two bed/2 bath master sized units. All the units on the property are larger than average for Huntington Park, allowing an investor to charge higher than average rental rates for the area. The property is separately metered for gas and electricity and offers approximately 10 on-site gated parking spaces. The property is located within a block of Linda Esperanza Marquez High School, and Middleton St. Elementary school. It is also within three blocks of the local Food 4 Less, making it an ideal location for tenants to rent within Huntington Park.

Location

State CA

County Los Angeles

Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud

Zoning HPR4YY

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Suburban

Total Parking Spaces 10

Private Pool No

Building

Lot Description Walkstreet

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6321012024

Acceptable Financing Conventional

Listing Terms Conventional

Financing Private

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jackson Jorgensen • Marcus & Millichap
Bought with NONE NONE • None MRML

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