FOR SALE TRIPLEX! Investors call me! This property features 3 Units in Huntington Park! 3 Electric Meters, 3 Gas Meters Address: 2508 Saturn Ave Huntington Park, Ca 90255 Front Unit has physically 7 bed, 1.5 bath, On title shows 3 Bed, 1 Bath. In Back it has 2 Units each will have 1 bed, 1 bath And are currently not rented. 1 Detached 2 Car Garage Drive way in the property Hablamos Español Call me with any questions Near schools, parks, stores, this property will not last...
This exceptional 23-unit apartment complex presents a prime investment opportunity with significant upside potential. Ideal for a portfolio hold or future redevelopment, the offering consists of two separate properties with four separate buildings, located at 2660 & 2664 Randolph Street, and is being sold as a portfolio sale.Per city information, there may be an opportunity to convert the bottom-level garages into four (4) additional ADUs, as well as the potential to negotiate cash-for-keys with existing tenants, creating further value-add possibilities. The property benefits from a strategic, high-visibility location, ensuring strong demand and the potential for consistent cash flow and attractive returns. Sixteen (16) units include private car garages, in addition to open parking spaces.Conveniently located within walking distance to shopping, parks, schools, and bus stations, the property sits near Pacific Boulevard, a vibrant commercial corridor well known throughout the Los Angeles area. Pacific Boulevard is widely recognized as a hub for Latino culture, commerce, and nightlife—a true destination for shopping, dining, and community activity.
Fully occupied 7-unit multifamily investment opportunity located on a corner lot in Huntington Park. The property consists of two low-rise buildings and offers long-term tenancy with stable in-place income. Unit mix includes primarily 1-bedroom/1-bath units along with larger 2-bedroom units. Several units feature updated kitchens, remodeled bathrooms, and newer flooring. Tenants pay their own electricity with individually metered units, contributing to lower operating expenses. The property includes six on-site parking spaces, a valuable amenity in this submarket. Centrally located near schools, public transportation, major employment centers, and with convenient access to the 5, 710, and 105 freeways. Ideal for investors seeking a stable asset with long-term upside potential. Drive-by only; do not disturb occupants.
We are pleased to present for sale, The Clarendon, a twenty-two-unit apartment building in the Huntington Park submarket of Los Angeles. Located on a quiet residential street comprised of mostly single-family homes, the property is a charming, center-courtyard, walk-up. Built in 1964, The Clarendon features a unit mix of twelve studios, two 1-bedroom/1-bath, three 2-bedroom/1-bath, and a four-bedroom/2-bath house. Recently completed in 2022 was the addition of four additional units comprised of one 2-bedroom/1-bath, one 2-bedroom/2-bath, and two 3-bedroom/2-bath. The additional units are master metered for both gas and electric. Why buy in Huntington Park? Unlike the City of Los Angeles, Huntington Park currently allows for rent increases of 5% + CPI, which is equivalent to 10%. The City of Los Angeles has not allowed rent increases since 2019 and increases on rent-controlled buildings are generally capped at no more than 4%. By allowing higher rent increases Huntington Park gives landlords great flexibility in achieving rents that are closer to market, which is especially beneficial during high inflationary periods. Another benefit is the utility costs are considerably lower in comparison to the City of Los Angeles. New ownership can continue to improve the asset by renovating units as they become vacant, implementing RUBS to recapture utility costs, replacing the leased laundry machines with landlord owned, and continue to give the below market tenants annual rent increases.
Huntington Park is located in California. Huntington Park, California 90255has a population of 55,439. Huntington Park 90255 is more family-centric than the surrounding county with 31.82% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Huntington Park, California 90255 is $51,065. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Huntington Park 90255 is 32.3 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 48 degrees. The average rainfall is approximately 14.4 inches per year, with 0 inches of snow per year.