Contacts

Doug Rodermund

Morgan Skenderian Investment Real Estate Group

Property Details

Property Type Multi-Family
Property Size 5,654 SF
Units 8
Lot Size 0.15 Acre
Additional Rent Contact for pricing
Year Built 1941
Date Updated Oct 12, 2024

Discover the vibrant community surrounding the property located in Huntington Park, CA. This bustling area offers a blend of residential and commercial spaces, providing an attractive balance for investors. Nearby, explore the renowned Pacific Boulevard commercial district, offering a diverse array of dining, retail, and entertainment options. The location also benefits from convenient access to major transportation routes, facilitating connectivity across the region. With its dynamic mix of amenities and a prime location, Huntington Park presents a compelling opportunity for investors seeking a strategic position in the office building market.Morgan Skenderian is 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.

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Highlights

$198,750 per Unit
$281 per Square Foot
Massive Rental Upside From Long-Term Owner
8.6% Cap Rate on Market Rents
Phenomenal Rental Area
Garage Parking

Getting around

86/100
Walk Score ®
56/100
Transit Score ®
62/100
Bike Score ®

Powered by Walk Score ®

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

Points of Interest

Washington

2.41 miles
San Pedro Street

3.22 miles
103rd Street/Watts Towers

3.50 miles
Indiana

3.50 miles
Soto Station

3.76 miles
Mariachi Plaza Metro Station Entrance

3.97 miles
Grand/LATTC

4.03 miles
Willowbrook/Rosa Parks

4.38 miles
Pershing Square

4.39 miles
Expo/Vermont

4.46 miles

Speedway

0.22 miles
Shell

0.47 miles
76

0.51 miles
Arco

0.76 miles
7-Eleven

1.09 miles
Chevron

1.22 miles
Sinclair

1.41 miles
Electric Vehicle Charging Station

4.37 miles
ChargePoint

6.35 miles
Tesla Supercharger

8.75 miles

Metro Park and Ride

1.68 miles
East 8th Street

2.93 miles
Perfect Parking

3.23 miles
Public Parking

3.25 miles
Slauson Park And Ride

3.33 miles
Paragon Parking

3.44 miles
LADWP Lot

3.50 miles
Valet Parking

3.55 miles

Randolph Hotel

0.36 miles
Corona Inn

1.15 miles
Casa Bella Inn

1.15 miles
Travelodge Inn & Suites Bell Los Angeles Area

2.23 miles
Twilite Motel

2.49 miles
State Motel

2.54 miles
Cudahy Inn Motel

2.69 miles
Diamond Inn

2.73 miles
Corona Motel

2.97 miles
Central Inn

3.03 miles

Target

0.25 miles
Superior Grocers

0.26 miles
JCPenney

0.64 miles
Food 4 Less

1.03 miles
Plaza Americana

1.06 miles
El Super

1.23 miles
Smart & Final Extra!

1.30 miles
Marshalls

1.34 miles
Alameda Swap Meet

1.35 miles
Ross

1.39 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.

2724 East 58th Street