The subject property is located on Maywood Avenue, north of Slauson Avenue. It offers tenants a large amount of open space on the property, as well as covered parking. Each unit has its own water heater, and there is a storage room which could easily be converted to a laundry facility. The property backs up to a residential area to the East, with manufacturing and employment centers located to the West and North. Residents enjoy close proximity to numerous employment hubs as well as the nearby, under development, Maywood Avenue Park.
Amazing opportunity in the coveted city of Huntington Park. Walking distance to the famous Pacific Blvd, this 5,705 property presents opportunity for great profit. The property contains 4 buildings. Average square footage per unit is 950 sq ft!!!! The front building has 2 units. Each one with 2 bedrooms and 1 bathroom. The back building has two more units located above a 5 car garage. Each unit is 2 bedrooms and 1 bathroom and each garage has it's own private door. Two additional buildings in the middle each have 1 bathroom while 1 unit has 2 bedrooms and the other has 1 bedroom. Single car garage also located in front next to one of the units. Property also offers additional 4 parking spaces on it's spacious driveway.
With parking for 10 cars, offering 2 parking spots for most units and each unit averaging 950 sq ft will definitely get the new owner the top of the market rents! Units have been upgraded and roof was changed in the last few years. Current owners have maintained and cared for this property. Owners only pay $250 every two months on water!
Beautiful property on a nice Area of Huntington Park.All units were Rehab 2 years ago, 3524 Sq Ft charming 1920's 10 unit apartment building on a +/-7470 Sq Ft lot. This building has NO RENT CONTROL, rents, steady, predictable cash flow. One is 2/1 and 3 are 1/1. 6 Singles studios. It has stable, quiet tenants (mostly families). Located in a quiet area and is easily accessible to the 710 and 5 fwy, public transportation, and close to many stores and restaurants. This 6% Cap Rate investment opportunity is perfect for a hands on investor looking for a safe, stable investment property with great income on 10 units. Per assessor and sellers Only 6 Units are permitted and sellers bought property this way. Buyers to satisfy themselves by checking with city building and safety for any questions or concerns.
Wonderful 5 houses on a lot on a court yard setting. Special One of Kind Property!!! Property offers 2 separate driveways and has a 5 detached car garage and a separate 2 attached car garage. The original 2 bedroom, 1 bath house was built in 1921 and has apprx: 1,207 sqft., per tax assessor (its' a real gem). The other 4 houses have roomy floor plan with formal dining rooms, inside laundry and their own water heaters. 1st time in 90 years that this property has been offer for sale. Note the lot size of 17,729 sqft. Property is to be sold 'as-is". This is a probate sale that does not require court confirmation. Wilson Ruiz, Broker only repesents the seller in this transaction.
Great investment opportunity for owner-user and get additional income from 2 rentals. Beautiful units, each unit comes with carefully designed kitchen areas with pantries. Bedrooms have great closets. Huge lot, 8,955 sq. ft. Thick green gardens with fruit trees in the back of the property, and a nice garden on the front of the property. Plenty of parking spaces. Community laundry. 2 units are vacant, ready to move in
This is a Mixed-use property that has (2) Stores / Offices up front on Florence and (2) Apt. units in the back that have one bdrm. each. Property is legally zoned for this....Huntington Park 1210-Comm Store / Res. combination. Up front Stores / Offices are currently an Attorney's office and a Nutrition business, both on short term leases if Buyer wanted to use for their own business. Other option is to keep current tenants and increase rents.The (2) units in the back are long term tenants and have room to increase rents. Property has (6) parking spots and would appreciate you not disturbing the Tenants.
Age: Over 50 Years Old
Architecture Style: Spanish
Cooling System: Window Unit(s) A/C
Floor Covering: Carpet - Partial
Parking Type: Covered
Roof Type: Composition Shingle
3022 East Florence Avenue, Huntington Park, CA 90255
3022 East Florence Avenue, Huntington Park, CA 90255
STANDARD SALE! 5 UNITS, LONG TERM TENANTS PAY VERY GOOD. 4 UNITS IT 1BEDROOM AND 1 BATH, BACK UNIT IS 2 BEDROOM AND 1 BATH. LIVE IN 1, AND RENT THE OTHERS AND LIVE FOR FREE! AREA IS VERY NICE, PRIDE OWNERSHIP OF SELLERS. NEW OWNERS CAN INCREASE RENT AND GET MORE POSITIVE CASH FLOW.
BACK ON THE MARKET AS OF MONDAY 1/27 SUBJECT TO CANCELLATION OF PRIOR ESCROWFully Remodeled Charming Beauty'SSS! Yes, 2 HOUSES ON A LOT! Front House is 3Bed/2bath and Separate Back house is 2 Big Beds/1Bath....New, New, New stuff everywhere.... New Kitchen cabinets, New granite counter tops, New Appliances. Beautiful wood floors throughout front house, new doors, new dual pane windows, new rich warm colors of paint inside and out, new baseboards and casings, new sprinkler system, new freshly painted 3 CAR GARAGE, new yard and landscaping, new wall heater, new plumbing fixtures, new light fixtures, new electrical and the list goes on and on definitely a must see this one will sell itself.... fruit trees secure backyard with gated parking in the back as well as the 2 car covered patio.... easy to show just go direct. Chance for very well producing income property or live in one and rent the other!