Huntington Park, CA 90255,6713 MIDDLETON ST
Huntington Park, CA 90255,6713 MIDDLETON ST
Huntington Park, CA 90255,6713 MIDDLETON ST
Huntington Park, CA 90255,6713 MIDDLETON ST
Huntington Park, CA 90255,6713 MIDDLETON ST
Huntington Park, CA 90255,6713 MIDDLETON ST
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$1,042,500

$1,075,000

3.0%
Est.Price: ?

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Est. payment /mo

5 Beds

5 Baths

3,582 SqFt


SOLD DATE : 02/07/2020

Key Details

Sold Price $1,042,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,582 sqft

Price per Sqft $291

MLS Listing ID 19529648

Sold Date 02/07/20

Bedrooms 5

HOA Y/N No

Year Built 1953

Lot Size 8,328 Sqft

Acres 0.1912

Property Description

At the same time, the new owner may be able to avoid otherwise costly deferred maintenance items, such as seismic retrofit repairs (Buyer to verify). The property features a large open parking lot with plenty of parking, which may help an investor to collect a premium on rents for the one bedroom units. The building sits among a neighborhood of low-density residential properties, but provides convenient access to the numerous industrial centers within the nearby City of Vernon. This large employment hub helps to draw tenants to the area, where favorable vacancy rate trends have helped to provide some of the most positive rent growth in the entire Los Angeles Metro area. The rental income is supplemented by an additional income stream earned via the on-site laundry facilities. Multiple schools are within walking distance of the property, while Santa Fe Avenue offers many shopping destinations for tenants just one block away.

Location

State CA

County Los Angeles

Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc

Zoning HPR4YY

Interior

Fireplace No

Exterior

Garage Assigned

Parking Type Assigned

Total Parking Spaces 10

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 6321023016

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Roderick 'Rick' Raymundo • Marcus & Millichap
Bought with Roderick 'Rick' Raymundo • Marcus & Millichap

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