2724 E 58th Street

Huntington Park, CA 90255
$1,590,000
0.15 acres | #PW24176802
Courtesy of Morgan Skenderian

Description

Pleased to present 2724 East 58th Street, Huntington Park, an 8-unit apartment building. Built in 1941 and comprised of 100% 1-bedroom/1-bath floor plans, this offering presents significant rental upside potential, with a favorable $198,750 per unit and $281 per square foot, complemented by garage parking and a desirable 8.6% cap rate on market rents. Situated in a phenomenal rental area, this property represents an attractive prospect for an investor seeking an established income-generating asset.

  • Property Details
      • Stories:2
      • Acres:0.1496
      • Parking spaces:5
      • Property type:Multi-Family
      • Year built:1941
      • Sewer information:PublicSewer
      • Utility source:Public
      • County:Los Angeles
      • Original List Price:$1, 590, 000
      • Taxes annual:$24, 879
      • MLS #:PW24176802
      • Cost:1590000
      • Property subtype:MixedUse
      • MLS #:PW24176802

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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