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6368 Arbutus Ave
Huntington Park CA 90255 US

$3,425,000

Active Listing ID 23-297359
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13 bed
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Lot: 0.24 Acres
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Other

$3,425,000

Active Listing ID 23-297359
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6368 Arbutus Ave Introducing the opportunity to acquire this 15-unit investment property in prime Huntington Park. The subject property is comprised of two separate parcels with a combined unit mix Fourteen 1 bedroom + 1 bath units and One commercial/retail storefront. The units are spread out among the two parcels with frontage on Arbutus Avenue and Gage Avenue for an aggregate lot size of almost 15, 000 SF! Onsite garages are available for residential units and offer investors an opportunity to boost income by adding multiple ADUs per parcel (buyers to verify). The Arbutus Apartments offer plenty of upside potential in rental income to an investor looking for an immediate high dollar return with room to grow. Separately metered for gas and electricity. Tenants enjoy a close proximity to dining and shopping along Pacific Blvd and several area schools are a short distance away. The site is strategically located minutes to Downtown Los Angeles, Arts District, and easy access to the 710, 10, 5, 101, and 60 Freeways.

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Property Features

  • Facts
  • Lot Size: 0.24 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3425000
  • unparsedaddress: 6368 Arbutus Ave
  • postalcity: Huntington Park
  • stateorprovince: CA
  • country: US
  • postalcode: 90255
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2423
  • lotsizeunits: Acres
  • lotsizearea: 0.2423
  • livingarea: 8730
  • livingareaunits: Square Feet
  • listagentfullname: Enrique Viramontes
  • listagentemail: eviramontes@remaxcir.com
  • listagentkey: 3yd-CLAWCA-X76426
  • listagentmlsid: X76426
  • listagentpreferredphone: 2138171000
  • listagentofficephone: 2138171000
  • listofficekey: 3yd-CLAWCA-X7538301
  • listofficemlsid: X7538301
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1929
  • listingcontractdate: 2023-08-03
  • countyorparish: Los Angeles
  • parcelnumber: 6319-007-024
  • numberofunitstotal: 15
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 14
  • parkingfeatures: Garage
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Commercial & Investment", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"eviramontes@remaxcir.com", "ListBrokerageCity":"Torrance", "ListBrokerageCountry":"US", "ListBrokerageEmail":"slampe@remaxcir.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX Commercial & Investment", "ListBrokeragePhone":"(310) 802-2500", "ListBrokeragePostalCode":"90505", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"2nd Fl.", "ListBrokerageUnparsedAddress":"23740 Hawthorne Blvd.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"99 South Lake Ave.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"X76298", "ListOfficeCity":"Pasadena", "ListOfficeCountry":"US", "ListOfficeEmail":"slampe@remaxcir.com", "ListOfficePostalCode":"90505", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Huntington Park, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/6368-Arbutus-Ave_Huntington-Park_CA_90255_M99566-12446?f=listhub&s=CLAWCA-23&m=297359&c=rexren", "MLSModificationTimestamp":"2024-10-09T11:21:05Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:53:10 AM GMT
Source Updated Date: 11/24/2024 6:57:30 AM GMT

Courtesy of: Enrique Viramontes, Remax Commercial and Investment Realty, eviramontes@remaxcir.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.