6530 Malabar St, Huntington Park, CA 90255
7 Unit Apartment Building | $2,000,000 ($285,714/Unit) | Huntington Park, CA 90255
For Sale
Active
13 pictures
Asking Price $2,000,000
- Property Type
-
Multifamily
- Square Feet
- 7,132 SF
Listing Contacts
Shant Sherbetdjian
Enrique Viramontes
Property Overview
Enrique Viramontes and Shant Sherbetdjian of RE/MAX Commercial & Investment Realty proudly presenting for sale, for the first time in over 40 years, The Malabar, a 7 unit multifamily investment property in Huntington Park. The building is comprised of a unique mix of FOUR (3 bed + 2 bath) and THREE (2 bed + 1.5 bath) units, all of which are exceptionally large (building size of 7,132 SF) in comparison to the available housing options in the area. The building is separately metered for gas and electricity, well parked with 10 covered spaces, and secured with gated entry in the front and rear of the property.
With a Walk Score of 94, the building is located in one of the best pockets in the city. Its prime location only two blocks from the main shopping corridor of Pacific Blvd and across from Middleton Elementary School, has contributed to the historical high occupancy level of this asset. Huntington Park is subject to CA Statewide AB 1482 no strict city level rent control restrictions.
Please do not walk on the property, do not disturb or engage tenants regarding the property, all units are Occupied. Drive by only, tenants are not aware of the sale, direct all questions to agent. For more information and to obtain a full marketing package (including rent roll, income/expense breakdown), please call/text/email the agents/office. All showings are subject to accepted offer, include your Proof of Funds
With a Walk Score of 94, the building is located in one of the best pockets in the city. Its prime location only two blocks from the main shopping corridor of Pacific Blvd and across from Middleton Elementary School, has contributed to the historical high occupancy level of this asset. Huntington Park is subject to CA Statewide AB 1482 no strict city level rent control restrictions.
Please do not walk on the property, do not disturb or engage tenants regarding the property, all units are Occupied. Drive by only, tenants are not aware of the sale, direct all questions to agent. For more information and to obtain a full marketing package (including rent roll, income/expense breakdown), please call/text/email the agents/office. All showings are subject to accepted offer, include your Proof of Funds
Property Details
- Class
- C
- Year Built
- 1964
- Stories
- 2
- Lot Size (sq. ft)
- 7,405 SF
- Units
- 7
Highlights
- First Time Offered for Sale in 40 Years | Family Owned & Operated Since 1984!
- A Desirable Unit Mix of Oversized 2- & 3-Bedroom Units | With Balconies in Select Units
- Situated 2 Blocks from the Retail Corridor of Pacific Blvd | Near East Florence Ave | Prime Huntington Park Area
- Two-Story Property | Strong Bones with an Outstanding Value-Add Opportunity | Located Across from Middleton Street Elementary School
- Secured/Gated Entry with Plenty of Covered Parking Spaces & Some Enclosed Garage Spaces
- Subject to CA Statewide AB1482 Ordinance | No Local Rent Control | Rental Upside Potential +/- 70%
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