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6200 Malabar St
Huntington Park, CA 90255 Huntington Park

$1,625,000 USD

Apartments For Sale  •  3,592 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,592 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1923
  • Zoning R4, Huntington Park
60 Transit Score
95 Walk Score

Highlights

Favorable Loan Assumption from WaFd Bank | Buyer has the Option to Assume a $982,709 Balance at a 3.45% Interest Rate, Fixed Until May 2029
Strong In-Place CAP Rate of 6.71% and GRM of 10.42 | 7.61% CAP and 9.5 GRM at Market Rents
8.77% Cash-On-Cash Return, when Assuming Existing 3.45% Interest Rate
Tenant-Preferred Property Layout | Consisting of 100% Single-Story, Ground-Level Units with Easy Access to On-Site Garage Parking
Favorable Unit Mix | Property Consists of 4, 1-Bedroom/1-Bathroom and 3, 2-Bedroom/1-Bathroom Units
Potential for Future ADU Conversion of Multiple Single-Car Garages (Buyer to Verify with City)

Amenities

  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
12 min - 5.7 mi
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 6.2 mi
AirportDriveWalkDistance
Los Angeles International 24 min - 12.3 mi
Long Beach (Daugherty Field) 26 min - 14.0 mi
Bob Hope 32 min - 22.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: OneCarGarage
Included in Rent: Yes
Justino Fa'aola 626-315-7603 COMPASS
Justino Fa'aola 626-315-7603 COMPASS