7012 Malabar Street

Huntington Park, CA 90255

$820,000
Price
6
Beds
4
Baths
2,506 Sq. Ft.
$327 / Sq. Ft.
2,506
Sq. Ft.
$327
per Sq. Ft.

Description

Discover and exceptional investment opportunity. A versatile 3-unit property in the heart of Huntington Park. The front duplex features a spacious 3-bedroom, 2-bathroom unit and a cozy 1-bedroom, 1-bathroom. At the rear, you'll find a detached 2-bedroom, 1-bathroom unit, along with two garages, a storage room, and two onsite parking spaces accessible from the alley. With an easy drive to Downtown Los Angeles, this property offers urban convenience, with nearby parks, shopping, dining, and easy freeway...Discover and exceptional investment opportunity. A versatile 3-unit property in the heart of Huntington Park. The front duplex features a spacious 3-bedroom, 2-bathroom unit and a cozy 1-bedroom, 1-bathroom. At the rear, you'll find a detached 2-bedroom, 1-bathroom unit, along with two garages, a storage room, and two onsite parking spaces accessible from the alley. With an easy drive to Downtown Los Angeles, this property offers urban convenience, with nearby parks, shopping, dining, and easy freeway access. Don’t miss this incredible investment opportunity with plenty of upside.
  1. Listed by Hector Gutierrez • DRE #01392001 • Brokerage DRE #01375138 • Big Blue House Real Estate • citybroker@sbcglobal.net

Property Details for 7012 Malabar Street

Architectural Style
Spanish
View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 09/17/2024 05:51 AM

Property Details for 7012 Malabar Street

StatusActive
MLS #DW24176232
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.20 AC / 8,609 SF
CountyLos Angeles County

Building Information for 7012 Malabar Street

Stories-Residences-Year Built1923Building Size-Lot Size0.20 AC / 8,609 SF

Property Information for 7012 Malabar Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $37,500
  • Gross Scheduled Income: $37,500
  • Net Operating Income: $26,018
  • Number Of Rented Garages: 0
  • Laundry Income: $0
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $11,482
  • New Taxes Expense: $4,482
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,000
  • Trash Expense: $1,200
  • Water Sewer Expense: $3,600
  • Total Expenses: $11,482
Tax / Assessment Info
  • Tax Block: 52
  • Tax Tract Number: 533...
  • Tax Census Tract: 5331.04
  • CFD/Mello-Roos Fee: $1,499
  • Tax Lot: 6
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: Inside, None
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: Kitchen, Living Room, Primary Bedroom
  • Fireplace Rooms: Kitchen, Living Room
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Flat
  • Entry Location: front
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $425
  • Unit Type Total Rent: $425
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 0

Property History for 7012 Malabar Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7012 Malabar Street

Taxable ValueLand$130,599Additions$87,058Total$217,657
Tax Record2023$4,482 ($374 / month)
Home Facts
Total Finished SqFt2,506 SqFtAbove Grade Finished SqFt2,506 SqFtLot Size8,607 SqFtStyleQuadraplexYear Built1923ZoningHPR4YYCountyLOS ANGELESAPN6322-022-008

Schools near 7012 Malabar Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - 1 to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Middleton Street Elementary School
Public1 to 6

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.

Similar Homes

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7012 Malabar Street is a multi-family home for sale in Huntington Park, CA 90255. This property was listed for sale on August 23, 2024 by Big Blue House Real Estate, it's currently listed at $820,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Middleton Street Elementary School, Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy and Linda Esperanza Marquez High A Huntington Park Institute Of Applied Medicine. 7012 Malabar Street is a 6-bed, 4-bath, 2,506 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Big Blue House Real Estate, Hector Gutierrez, DRE #01392001

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.