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33172982
33172983

2821 Randolph Street, Huntington Park, CA 90255 For Sale

KG
CA #01800021
$2,925,000
53 days on market
Updated 30 days ago
Opportunity zone

2821 Randolph Street

Details
APN 6320009028
Property Type Multifamily
Sub Type Apartment Building
Units 14
Cap Rate 5.64%
Buildings 2
Acreage 0.319
Zoning Assessor

Multifamily | 5.64% CAP | 14 Units

Marketing description

Priced to Sell! Exceptional opportunity to acquire a 14-unit apartment community in the city of Huntington Park, offered at $2,925,000. This well-located asset delivers a strong 5.64% CAP Rate and 11 GRM, providing attractive day-one cash flow with significant long-term upside potential. The property features an excellent unit mix consisting of four 2-Bed/1-Bath units and ten 1-Bed/1-Bath units, appealing to a broad tenant base and supporting consistent occupancy. Offering approximately 9,160 rentable square feet on a 13,887 sq. ft. lot, the property is positioned on a prime corner location within walking distance to shopping, dining, and schools. Tenants enjoy highly desirable amenities including 19 onsite garage parking spaces, private gated entry, and an onsite laundry facility, features that continue to support tenant retention and rental performance. Investors will also appreciate the propertys excellent price per unit and the opportunity to capture a massive 30% upside in rental income, creating a path to increased cash-flow over time.
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Listing Contacts

KG
CA #01800021

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Additional Information

Name
Kristopher German
License
#01800021
Brokerage
Re/Max
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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