Huntington Park, CA 90255,6703 MALABAR ST
$1,015,000
$1,145,000
11.4%
Est.Price: ?

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12 BD
7 BA
3,661 SqFt

6703 MALABAR ST Huntington Park, CA 90255

Est. payment /mo
SOLD DATE : 09/03/2020

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Key Details

Sold Price $1,015,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 3,661 sqft

Price per Sqft $277

MLS Listing ID 20-571798

Sold Date 09/03/20

Bedrooms 12

Year Built 1919

Lot Size 8,542 Sqft

Property Description

We are proud to present the opportunity to acquire 6703 Malabar St, a six-unit apartment complex in Huntington Park.The property sits on an 8,542 square foot parcel with 3,661 square feet of rentable space. Built in 1919, 6703 Malabar is comprised of three separate structures with a unit mix of (1) one 3 bed/2 bath unit, (4)four 2 bed/1 bath unit, and (1) one 1 bed/1 bath unit. The gas and electricity are both individually metered and the building offers tenants gated entry, (3) three uncovered parking spaces, and (2) two garage parking spaces. With over 55% of upside in rents and being located in an opportunity zone, this property provides an astute investor a unique value-add opportunity, potential capital gain deferment benefits and long term cash flow.

Location

State CA

County Los Angeles

Area Vernon, Maywood, Hunt Pk &Amp; Bell, N Of Florence, W Of 710

Zoning HPR4YY

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 5.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Marcus & Millichap
Bought with Marcus & Millichap

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Herman Singh

Broker

+1(310) 625-6175

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