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2421 E 53rd Street

Huntington Park, CA 90058
  • $2,340,000
  • STATUS: ACTIVE
  • ON SITE: 92 Days
  • ID#: PW23114546
Price Reduced
UPDATED: 40 min ago
$2,340,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

2421-2425 E. 53rd Street offers a buyer an excellent opportunity to purchase a single story bungalow-style 12-unit building in the city Huntington Park. The units are all small one bedroom/one bath units. Huntington Park is located centrally with easy access to all major freeways such as the 710, 110, & 10 Freeways. This property offers secure entry, privacy screen doors and on-site laundry giving the new owner the opportunity easily increase rents and further increase that already high cash-on-cash return. Some mapping software will show the property as being located in Vernon or Los Angeles--but the building is in the city of Huntington Park. 2421-2425 E. 53rd Street offers a buyer an excellent opportunity to purchase a single story bungalow-style 12-unit building in the city Huntington Park. The units are all small one bedroom/one bath units. Huntington Park is located centrally with easy access to all major freeways such as the 710, 110, & 10 Freeways. This property offers secure entry, privacy screen doors and on-site laundry giving the new owner the opportunity easily increase rents and further increase that already high cash-on-cash return. Some mapping software will show the property as being located in Vernon or Los Angeles--but the building is in the city of Huntington Park.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.coastalhomesbytiffany.com/homes/141008606
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2421 E 53rd Street Huntington Park, CA 90058

  • Price: $2,340,000
  • Status: ACTIVE
  • On Site: 92 Days
  • Updated: 40 min ago
  • ID#: PW23114546
4
Beds
0
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Los Angeles (90058)
County:
Los Angeles
Area:
Los Angeles (90058)
Property Description
2421-2425 E. 53rd Street offers a buyer an excellent opportunity to purchase a single story bungalow-style 12-unit building in the city Huntington Park. The units are all small one bedroom/one bath units. Huntington Park is located centrally with easy access to all major freeways such as the 710, 110, & 10 Freeways. This property offers secure entry, privacy screen doors and on-site laundry giving the new owner the opportunity easily increase rents and further increase that already high cash-on-cash return. Some mapping software will show the property as being located in Vernon or Los Angeles--but the building is in the city of Huntington Park. 2421-2425 E. 53rd Street offers a buyer an excellent opportunity to purchase a single story bungalow-style 12-unit building in the city Huntington Park. The units are all small one bedroom/one bath units. Huntington Park is located centrally with easy access to all major freeways such as the 710, 110, & 10 Freeways. This property offers secure entry, privacy screen doors and on-site laundry giving the new owner the opportunity easily increase rents and further increase that already high cash-on-cash return. Some mapping software will show the property as being located in Vernon or Los Angeles--but the building is in the city of Huntington Park.
Exterior Features

Pool N/K Site CurbsSidewalks

Interior Features

Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 5.6 Annual Expense Actual 50388 Assessments Yes/Remarks Buildings 6 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 12.49 Gross Scheduled Income Actual 187380 Terms Conventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1220.0 Unit2 Rent Actual 1250.0 Unit3 Rent Actual 1300.0 Unit4 Rent Actual 1350.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Doug Rodermund of Morgan Skenderian: 949-251-8800. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Tiffany Torgan | Prestige Properties Enterprises
7855 Ivanhoe Ave. Suite 210
La Jolla CA, 92037