2528 East 54th Street Pending Save Request In-Person Tour Request Virtual Tour
Huntington Park,CA 90255
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 4,214 sqft
Price per Sqft $326
MLS Listing ID CV-25223898
Year Built 1948
Lot Size 6,500 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Just Listed! Exceptional value-add opportunity in Huntington Park, 7 units spread across three separate structures on a 6,500 sq. ft. lot, totaling 4,214 rentable sq. ft. The property features a desirable unit mix: a 3-Bed/1-Bath detached cottage, four 1-Bed/1-Bath units in a 4-plex, and two 1-Bed/1-Bath units in a duplex. Tenants benefit from private gated entry, garage parking, and an onsite laundry facility, enhancing long-term rental demand. Recent capital improvements include new electrical panels (2025), and with separately metered electricity and gas, operating expenses remain low. Currently generating a 5.67% CAP Rate and 11.58 GRM, this asset also boasts a 35% rental upside for investors looking to increase returns through strategic management. Priced to sell, this is a must-see investment in one of Southeast Los Angeles County's most stable rental markets.
Location
State CA
County Los Angeles
Area Vernon,Maywood,Hp,Be
Zoning HPM2*
Interior
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Garage - Single Door,Assigned
Garage Spaces 4.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Available,Water Available,Electricity Available,Natural Gas Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer