3700 E 61st Street, Huntington Park, CA 90255
Local realty services provided by:CENTURY 21 LOTUS
3700 E 61st Street,Huntington Park, CA 90255
$4,488,888
- 32 Beds
- 16 Baths
- 12,014 sq. ft.
- Multi-family
- Active
Listed by: neema ahadian
Office: marcus & millichap310-909-5500
MLS#:26990161
Source:CRMLS
Price summary
- Price:$4,488,888
- Price per sq. ft.:$373.64
About this home
We are pleased to present 3700-3718 E. 61st Street, a 15+1 NC unit multifamily investment opportunity in Huntington Park, situated on an expansive 22,730SF corner lot at E. 61st Street and Loma Vista Avenue. The property offers a unique and diversified structural composition rarely found in a single offering, comprised of a front corner duplex and rear duplex at 3700 E. 61st Street, along with three separate 4-unit, two-story structures at 3710, 3714, and 3718 E. 61st Street, providing a new owner with a varied unit mix spread across four distinct structures. Significant value-add potential exists through the conversion of the property's existing exterior carport structures into ADUs, an opportunity supported by the large double-lot configuration and ample on-site parking (buyer to verify feasibility). Each of the three 4-unit buildings features its own dedicated onsite laundry room with a washer, dryer, and dedicated water heater, providing tenant convenience and an additional income stream with upside potential through owner-operated machines. The property offers approximately 16 total parking spaces, including 12 carport spaces serving the three 4-unit buildings and 3 additional carport spaces plus a single-car garage at the 3700 parcel, along with 12 private storage units located above the carports, a rare amenity in the submarket. Offered at $4,488,888 ($299,259/unit), the offering reflects a 7.44% current cap rate and 9.36 GRM on in-place income, with approximately 7% rental upside to market driving a 7.88% proforma cap rate and 8.74 GRM. All four structures are separately metered for gas and electricity, simplifying ownership and reducing owner-paid utility expense exposure. Located in Huntington Park, a dense, high-demand rental submarket in southeast Los Angeles County characterized by limited owner-occupant turnover and consistent multifamily tenant demand....
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Home facts
- Year built:1927
- Listing ID #:26990161
- Added:1 day(s) ago
- Updated:September 20, 2026 at 11:17 AM
Rooms and interior
- Bedrooms:32
- Total bathrooms:16
- Living area:12,014 sq. ft.
Structure and exterior
- Year built:1927
- Building area:12,014 sq. ft.
- Lot area:0.52 Acres
Finances and disclosures
- Price:$4,488,888
- Price per sq. ft.:$373.64
Parking
- Total parking spaces:16
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