
Seller's Agent in 2022
Rick Raymundo
Marcus & Millichap
(818) 219-6146
1 in this area
68 Total Sales
This offering presents a rare opportunity to purchase a property of this size in a Los Angeles-area submarket that is not subject to local rent control. Due in part to recent rent growth in the Huntington Park area, the current rents sit approximately 24 percent below those of similar units in the area.Insulated from crowded traffic corridors, the building sits among single family homes and smaller multifamily properties, yet its location still allows tenants convenient access to the Pacific Boulevard Shopping District. The ample on-site covered parking allows space for 20 vehicles, while an on-site laundry room provides an additional income stream for the owner. Several of the roofs are pitched and the building's exterior has been recently painted, providing more durability and reducing maintenance costs.Huntington Park High School, Gage Middle School, and San Antonio Elementary School are all within walking distance of the property, while The Home Depot, Staples, Walgreens, and other national retailers are all within a few blocks. Mass transit bus lines make stops within less than a block of the property, while tenants can also access the 710 and 110 Freeways easily.
Last Agent to Sell the Property
Marcus & Millichap License #01357019 Listed on: 06/01/2022
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/15/2022 09/15/22 | Sold | $3,434,000 | -6.7% | $316 / Sq Ft |
06/01/2022 06/01/22 | Pending | -- | -- | -- |
06/01/2022 06/01/22 | For Sale | $3,680,000 | +45.7% | $338 / Sq Ft |
02/01/2018 02/01/18 | Sold | $2,525,000 | +1.0% | $2,525,000 / Sq Ft |
01/16/2018 01/16/18 | Pending | -- | -- | -- |
11/09/2017 11/09/17 | For Sale | $2,500,000 | -- | $2,500,000 / Sq Ft |
Seller's Agent in 2022
Rick Raymundo
Marcus & Millichap
(818) 219-6146
1 in this area
68 Total Sales
Seller Co-Listing Agent in 2022
Oscar Diaz
Marcus & Millichap
(213) 943-1800
2 in this area
8 Total Sales
Seller's Agent in 2018
Ray Hernandez
Berkshire Hathaway HomeServices California Properties
(562) 884-0445
11 Total Sales
A
Buyer's Agent in 2018
Amani McGregor
Rodeo Realty
Source: The MLS
MLS Number: 22-162945