6368 Arbutus Avenue
$3,425,000
13
15
8,730
8,730
$392
Description
Introducing the opportunity to acquire this 15-unit investment property in prime Huntington Park. The subject property is comprised of two separate parcels with a combined unit mix Fourteen 1 bedroom + 1 bath units and One commercial/retail storefront. The units are spread out among the two parcels with frontage on Arbutus Avenue and Gage Avenue for an aggregate lot size of almost 15,000 SF! Onsite garages are available for residential units and offer investors an opportunity to boost income by adding...Introducing the opportunity to acquire this 15-unit investment property in prime Huntington Park. The subject property is comprised of two separate parcels with a combined unit mix Fourteen 1 bedroom + 1 bath units and One commercial/retail storefront. The units are spread out among the two parcels with frontage on Arbutus Avenue and Gage Avenue for an aggregate lot size of almost 15,000 SF! Onsite garages are available for residential units and offer investors an opportunity to boost income by adding multiple ADUs per parcel (buyers to verify). The Arbutus Apartments offer plenty of upside potential in rental income to an investor looking for an immediate high dollar return with room to grow. Separately metered for gas and electricity. Tenants enjoy a close proximity to dining and shopping along Pacific Blvd and several area schools are a short distance away. The site is strategically located minutes to Downtown Los Angeles, Arts District, and easy access to the 710, 10, 5, 101, and 60 Freeways.
- Listed by Enrique Viramontes • DRE #01372010 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 6368 Arbutus Avenue
Zoning
HPCN*
Parcel Number6319007024
Total Units15.0
Living Area8730
Source Living AreaAssessor
AreaVernon, Maywood, Hunt Pk & Bell, N of Florence, W of 710
Vacancy Rate1%
Lot Size Area14891
LISTING UPDATED: 10/09/2024 11:21 AM
Property Details for 6368 Arbutus Avenue
Status | Active |
---|---|
MLS # | 23-297359 |
Days on Market | 470 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1929 |
Lot Size | 0.34 AC / 14,891 SF |
County | Los Angeles County |
Building Information for 6368 Arbutus Avenue
Stories2Residences-Year Built1929Building Size-Lot Size0.34 AC / 14,891 SF
Property Information for 6368 Arbutus Avenue
Property History for 6368 Arbutus Avenue
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 6368 Arbutus Avenue
Taxable ValueLand$428,879Additions$1,718,382Total$2,147,261
Tax Record2024$33,151 ($2,763 / month)
Home Facts
Total Finished SqFt5,588 SqFtAbove Grade Finished SqFt5,588 SqFtLot Size10,556 SqFtStyleMulti-Family Res (5+ Units)Year Built1929ZoningHPCN*CountyLOS ANGELESAPN6319-007-024
Schools near 6368 Arbutus Avenue
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 | ||
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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