2938 East 60th Place
$2,300,000
18
9
7,650
7,650
$301
Description
New pricing. We are pleased to offer for sale a 9 unit apartment building in the city of Huntington Park. The asset consists of three 3 bedroom-1.5 bathroom and six 2 bedroom-1 bathroom units. This offering presents an opportunity for an investor to add value through management and rehabilitation in a high-density, high-demand in-fill rental market. The city of Huntington Park does not have a rent control ordinance and the owner is only bound by AB 1482, which allows for up to 8.8% rent increases...New pricing. We are pleased to offer for sale a 9 unit apartment building in the city of Huntington Park. The asset consists of three 3 bedroom-1.5 bathroom and six 2 bedroom-1 bathroom units. This offering presents an opportunity for an investor to add value through management and rehabilitation in a high-density, high-demand in-fill rental market. The city of Huntington Park does not have a rent control ordinance and the owner is only bound by AB 1482, which allows for up to 8.8% rent increases annually. Situated in a very attractive, quiet pocket of Huntington Park, the building has 9 carport spaces, on-site laundry, and is separately metered for gas and electricity. The city of Huntington Park is centrally located close to the employment centers of Vernon and Downtown Los Angeles. The property enjoys close proximity to Pacific Boulevard, the city's main retail corridor.
- Listed by Darin Spillman • DRE #01366902 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.
Property Details for 2938 East 60th Place
Zoning
HPR3YY
Parcel Number6310022007
Total Units9.0
Living Area7650
Source Living AreaAssessor
AreaVernon, Maywood, Hunt Pk & Bell, N of Florence, W of 710
Vacancy Rate0
Lot Size Area9002
LISTING UPDATED: 07/08/2024 03:52 PM
Property Details for 2938 East 60th Place
Status | Active |
---|---|
MLS # | 24-380259 |
Days on Market | 200 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | 0.21 AC / 9,002 SF |
County | Los Angeles County |
Building Information for 2938 East 60th Place
Stories2Residences-Year Built1962Building Size-Lot Size0.21 AC / 9,002 SF
Property Information for 2938 East 60th Place
Property History for 2938 East 60th Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2938 East 60th Place
Taxable ValueLand$466,081Additions$669,122Total$1,135,203
Tax Record2024$18,903 ($1,575 / month)
Home Facts
Total Finished SqFt7,650 SqFtAbove Grade Finished SqFt7,650 SqFtLot Size9,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningHPR3YYCountyLOS ANGELESAPN6310-022-007
Schools near 2938 East 60th Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
San Antonio Elementary School PublicK to 5 | ||
Henry T. Gage Middle School Public6 to 8 | ||
Linda Esperanza Marquez High B Libra Academy Public9 to 12 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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