2565 Cass Place

For Sale

2565 Cass Place, Huntington Park, CA 90255

This Huntington Park property for sale is located at 2565 Cass Place. The current listed sale price for 2565 Cass Place is $1,250,000. 2565 Cass Place is situated on a lot that is 0.15 acre in size.

Contacts

broker

David Cendejas BRE # 01782706

SVN | Vanguard

Property Details

  • Property Type Multi-Family
  • Property Size 3,991 SF
  • Units 7
  • Lot Size 0.15 Acre
  • Additional Rent Contact for pricing
  • Year Built 1945
  • Date Updated Nov 18, 2024
Walnut Park area of Huntington Park is a vibrant and bustling community located just southeast of downtown Los Angeles, known for its diverse cultural atmosphere and strong sense of community. Nestled near key transportation hubs, residents enjoy seamless access to the broader Los Angeles region via major thoroughfares like the I-710 and I-5 freeways. The area also benefits from convenient public transit options, with nearby Metro stations connecting Huntington Park to key destinations across the city. Huntington Park is a short drive to major employment centers, including downtown Los Angeles, making it an attractive location for those working in the city's thriving industries such as entertainment, healthcare, and education. Locally, the community boasts numerous retail and dining options, notably along the bustling Pacific Boulevard, a main shopping district featuring well-known spots like El Gallo Giro and La Monarca Bakery, as well as various boutique stores and eateries that reflect the area’s rich Latino heritage. For recreation and leisure, residents can visit Salt Lake Park, a spacious green space featuring sports facilities, playgrounds, and areas for picnics and community events. Additionally, the nearby Huntington Park Library serves as a community hub, hosting educational and cultural events.SVN is proud to present 2565 Cass Place in the Walnut Park area of Huntington Park which is an opportunity with significant rental upside potential. Built in 1945 with 3,991 rentable square feet on a 6,626-square-foot lot, this property features a desirable unit mix: One 1-bedroom, 1-bathroom unit and Six 2-bedroom, 1-bathroom units, appealing to a broad tenant base. All units are separately metered for gas and electricity, aside from two connected to the master meter, enhancing operational efficiency for new ownership. Situated on a quiet residential street just off Long Beach Blvd, the property enjoys a blend of urban convenience and suburban charm. A single on-site parking space adds value for tenants, and the property’s pitched roofs contribute to its classic curb appeal. With current rents below market, this property offers investors an excellent opportunity to capitalize on rent growth and increase cash flow. Positioned near essential transit hubs, major employment centers, and Huntington Park’s local amenities, this asset combines a prime location with strong growth potential. With considerable rental upside, this multifamily property presents a promising investment opportunity. Its current rents are below market, allowing new owners to unlock potential cash flow growth by bringing them in line with the area. Positioned in a dynamic and culturally rich neighborhood, this property is a rare find that combines location, community appeal, and investment potential.

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Highlights

  • 86% Two-Bedroom Units: ideal for families and long-term tenants.
  • Value-Add Opportunity: Potential for up to 50% rental upside with market-rate adjustments, providing a significant boost in ROI.
  • Residential Location: Situated on a residential street just off Long Beach Blvd, offering tenants a peaceful environment with easy access to major thoroughfares.
  • High Market Cap Rate of 8.39%: Strong market cap rate, enhancing potential returns for investors.
  • Additional Income Potential: Opportunity to increase revenue with added storage solutions for tenants.
  • Proximity to Amenities: Close to schools, parks, shopping, and public transit, adding appeal for potential renters.

Getting around

  • 75/100

    Walk Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Huntington Park, CA
  • Neighborhood Huntington Park
  • Zip Code 90255
  • Market Los Angeles

Points of Interest

  • 103rd Street/Watts Towers

    1.69 miles

  • Willowbrook/Rosa Parks

    2.44 miles

  • Long Beach Boulevard

    2.69 miles

  • Avalon

    3.32 miles

  • Washington

    4.16 miles

  • Vermont/Athens

    4.48 miles

  • San Pedro Street

    4.85 miles

  • Indiana

    5.35 miles

  • Expo/Vermont

    5.47 miles

  • Grand/LATTC

    5.55 miles

  • Sinclair

    0.62 miles

  • Chevron

    0.64 miles

  • 76

    0.85 miles

  • Shell

    0.94 miles

  • arco

    1.14 miles

  • Speedway Express

    1.20 miles

  • Mobil

    1.27 miles

  • Arco

    1.39 miles

  • Electric Vehicle Charging Station

    5.48 miles

  • ChargePoint

    5.70 miles

  • Metro Park and Ride

    1.32 miles

  • LADWP Lot

    1.68 miles

  • Century Sheriff's Station

    2.32 miles

  • Willowbrook Park And Ride

    2.52 miles

  • Long Beach Blvd Park And Ride

    2.67 miles

  • Manchester Park And Ride

    3.17 miles

  • Avalon Park And Ride

    3.19 miles

  • Casa Bella Inn

    0.85 miles

  • State Motel

    0.88 miles

  • Corona Inn

    0.91 miles

  • Twilite Motel

    1.24 miles

  • Randolph Hotel

    1.60 miles

  • Central Inn

    1.86 miles

  • Corona Motel

    1.97 miles

  • Cudahy Inn Motel

    2.22 miles

  • World Motel

    2.22 miles

  • Travelodge Inn & Suites Bell Los Angeles Area

    2.39 miles

  • Northgate González Market

    0.23 miles

  • El Super

    0.80 miles

  • dd's Discounts

    0.81 miles

  • Ross

    0.86 miles

  • Marshalls

    0.91 miles

  • Food 4 Less

    1.05 miles

  • Smart & Final Extra!

    1.09 miles

  • JCPenney

    1.34 miles

  • Superior Grocers

    1.51 miles

  • Plaza Americana

    1.64 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

David Cendejas BRE # 01782706

SVN | Vanguard