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25001386
25001387

2660 & 2664 Randolph St, Huntignton Park, CA null

HC
CA 0G32882
$3,500,000
327 days on market
Updated 139 days ago

23 Units Portfolio Sale Randolph St

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,039
Units 23
Cap Rate 6.00%
Broker Co-Op Yes
Class D
Year Built 1964/1922
Buildings 4
Stories 2
Lot Size (SqFt) 16,106
Parking Spaces 23 per 1,000 sq ft

ALL CASH SALE

Marketing description

Located in the main hub of the City of Huntington Park, this property is within walking distance to Pacific Blvd, commerce, public transportation, shopping centers, medical clinics, schools, city parks, and more.

This is a great opportunity to add real estate to your investment portfolio at a competitive price, with value-add potential. The property requires some cosmetic improvements and is being sold in as-is condition, with no warranties or guarantees expressed or implied.

The property is fully occupied with long-term tenants currently paying below-market rents for the area. Tenants benefit from both garage and open parking spaces.

The surrounding area has strong rental demand, making this a turn-key asset for an investor who can recognize the future potential and appreciates the upside in rental income.

Sale is subject to a 1031 Exchange. All-cash offers only

Listing Contacts

HC
CA 0G32882

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Additional Information

Name
Hugo Contreras
License
0G32882
Brokerage Phone
562-413-3810
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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