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6325 MARCONI ST Huntington Park, CA 90255
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Key Details
Sold Price $3,434,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 10,881 sqft
Price per Sqft $315
MLS Listing ID 22-162945
Sold Date 09/15/22
Bedrooms 11
Year Built 1964
Lot Size 0.348 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area Vernon, Maywood, Hunt Pk &Amp; Bell, N Of Florence, W Of 710
Zoning HPR3*
Rooms
Other Rooms None
Interior
Heating Other
Cooling Air Conditioning
Equipment Other
Exterior
Parking Features Garage, Gated
Garage Spaces 20.0
Building
Story 3
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Marcus & Millichap