$2,000,000

4301 E 60th St Huntington Park, CA 90255

Estimated payment $10,792/month

Total Views 30,877
5 Beds
4 Baths
4,334 Sq Ft
$461 Price per Sq Ft

Highlights

  • Corner Lot
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

Fully occupied 7-unit multifamily investment opportunity located on a corner lot in Huntington Park. The property consists of two low-rise buildings and offers long-term tenancy with stable in-place income. Unit mix includes primarily 1-bedroom/1-bath units along with larger 2-bedroom units. Several units feature updated kitchens, remodeled bathrooms, and newer flooring. Tenants pay their own electricity with individually metered units, contributing to lower operating expenses. The property includes six on-site parking spaces, a valuable amenity in this submarket. Centrally located near schools, public transportation, major employment centers, and with convenient access to the 5, 710, and 105 freeways. Ideal for investors seeking a stable asset with long-term upside potential. Drive-by only; do not disturb occupants.

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
  • Entry on the 1st floor

Interior Spaces

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

Bedrooms and Bathrooms

  • 5 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

5,586 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • 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
  • 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 Actual Rent: 114264.00
  • Total Expenses: 23780.00

Tax Info

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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,866 $258,157 $51,610 $206,547
2024 $5,866 $253,097 $50,599 $202,498
2023 $5,770 $248,135 $49,607 $198,528
2022 $5,569 $243,271 $48,635 $194,636
2021 $5,468 $238,502 $47,682 $190,820
2019 $5,301 $232,530 $46,269 $186,261
2018 $5,146 $227,993 $45,362 $182,631
2016 $4,833 $218,084 $43,601 $174,483
2015 $4,959 $214,810 $42,947 $171,863
2014 $5,364 $210,603 $42,106 $168,497
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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)
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