$2,000,000

4301 E 60th St Huntington Park, CA 90255

Estimated payment $13,046/month

Total Views 13,946
6 Beds
4 Baths
4,334 Sq Ft
$461 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Bell High School Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

Seize the chance to expand your real estate portfolio with this well-maintained 7-unit multifamily property in the high-demand area of Huntington Park, just 10 miles (roughly) from SoFi Stadium and centrally located near major commerce hubs, schools, and public transportation. The property is fully occupied with long-term tenants, offering immediate cash flow and stability. Most units feature 2 bedrooms and 1 bathroom, with several units boasting updated kitchens, remodeled bathrooms, and new flooring, minimizing future maintenance costs. Additional amenities include 6 private parking spaces, a rare commodity in the area, and a renovated community backyard perfect for tenant gatherings, enhancing tenant satisfaction and retention. Positioned in a rapidly appreciating neighborhood with strong rental demand, this is a turn-key asset ideal for investors seeking consistent returns and long-term growth.

Listing Agent

RENE RAMIREZ

Castra Realty, Inc Brokerage Phone: 951-384-0656 License #02038829 Listed on: 04/25/2025

Co-Listing Agent, Showing Contact

HEATHER RAMIREZ

Castra Realty, Inc Brokerage Phone: 951-384-0656 License #02023484

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 5,586 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • Apartment

Interior Spaces

  • 4,334 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Paved Parking
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 547
  • Tax Tract Number 3087
  • Assessor Parcel Number 6313031022
  • $2,286 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $23,780
  • Gross Income $114,264
  • Net Operating Income $87,172

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Other Phone Description: Heather
  • Other Phone Number: 7473338166
  • Price Per Unit: 285714
  • Property Attached: Yes
  • View: Yes
  • Zoning: HPR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6313031022
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: vary
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 461.47

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Paved, Parking Space, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5586.00
  • Lot Size Acres: 0.1282

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 114264.00
  • Gross Operating Income: 110952.00
  • Gross Scheduled Income: 110952.00
  • Lot Size Area: 5586.0000 Square Feet
  • Net Operating Income: 87172.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Range: 7
  • Operating Expense: 23780.00
  • Rent Control: Yes
  • Total Expenses: 23780.00

Tax Info

  • Tax Census Tract: 5335.04
  • Tax Lot: 547
  • Tax Tract Number: 3087
  • TaxOtherAnnualAssessmentAmount: 2286.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 For Sale $2,000,000 -- $461 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25085582

California Regional Multiple Listing Service (CRMLS)