2724 East 58th Street
$1,590,000
1
8
5,654
5,654
$281
Description
Pleased to present 2724 East 58th Street, Huntington Park, an 8-unit apartment building. Built in 1941 and comprised of 100% 1-bedroom/1-bath floor plans, this offering presents significant rental upside potential, with a favorable $198,750 per unit and $281 per square foot, complemented by garage parking and a desirable 8.6% cap rate on market rents. Situated in a phenomenal rental area, this property represents an attractive prospect for an investor seeking an established income-generating asset.Pleased to present 2724 East 58th Street, Huntington Park, an 8-unit apartment building. Built in 1941 and comprised of 100% 1-bedroom/1-bath floor plans, this offering presents significant rental upside potential, with a favorable $198,750 per unit and $281 per square foot, complemented by garage parking and a desirable 8.6% cap rate on market rents. Situated in a phenomenal rental area, this property represents an attractive prospect for an investor seeking an established income-generating asset.
- Listed by Rick Applebaum • DRE #01273871 • Brokerage DRE #01220368 • Morgan Skenderian • rma@morganskenderian.com
- Listed by Doug Rodermund • DRE #01314304 • Brokerage DRE #01220368 • Morgan Skenderian
Property Details for 2724 East 58th Street
Parking Spaces Total
5
Private PoolNo
Total Units8.0
Building TypeAttached
Lot Size SourceAssessor
Living Area5654
Assessor Parcel Number6309-029-005
Property Attached YNtrue
LISTING UPDATED: 08/26/2024 05:13 AM
Property Details for 2724 East 58th Street
Status | Active |
---|---|
MLS # | PW24176802 |
Days on Market | 66 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1941 |
Lot Size | 0.15 AC / 6,515 SF |
County | Los Angeles County |
Building Information for 2724 East 58th Street
Stories2Residences-Year Built1941Building Size-Lot Size0.15 AC / 6,515 SF
Property Information for 2724 East 58th Street
Property History for 2724 East 58th Street
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 2724 East 58th Street
Taxable ValueLand$246,281Additions$582,069Total$828,350
Tax Record2024$14,253 ($1,188 / month)
Home Facts
Total Finished SqFt5,654 SqFtAbove Grade Finished SqFt5,654 SqFtLot Size6,513 SqFtStyleMulti-Family Res (5+ Units)Year Built1941ZoningHPR3YYCountyLOS ANGELESAPN6309-029-005
Schools near 2724 East 58th Street
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 |
---|---|---|
Pacific Boulevard 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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