List Search

6322 Bissell St
Huntington Park, CA 90255 Huntington Park

$874,000 USD

Multifamily For Sale  •  2,383 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 2,383 SF
  • Year Built 1946
40 Transit Score
50 Walk Score

Highlights

SIGNIFICANT INCOME UPSIDE: rents are at 52% of market, offering a clear path to a 6.66% market cap
OWNER-USER OPPORTUNITY: standalone 3BR/1.75BA home with private yard, while rear cottages help offset ownership costs
DETACHED COTTAGE UNITS: private single-story homes with no shared walls, offering premium rental appeal and lower turnover
ADDITIONAL UNIT POTENTIAL: opportunity to expand from 3 to 6 units, including a potential garage conversion, with no rezone or lot split
RENT-STABILIZED WITH UPSIDE: market rents can be achieved upon vacancy, creating income growth through turnover and added units
PRIME ACCESS TO MAJOR EMPLOYMENT HUBS: Near Vernon and Commerce, with approximately 45,000 industrial jobs within 1–2 miles

Public Transportation

Commuter RailDriveWalkDistance
Commerce Metrolink Station (Metrolink Orange County Line - Metrolink Trains) 11 min - 5.2 mi
Montebello/ Commerce Metrolink Station (Metrolink Riverside Line - Metrolink Trains) 13 min - 6.7 mi
AirportDriveWalkDistance
Los Angeles International 25 min - 13.5 mi
Long Beach (Daugherty Field) 25 min - 15.4 mi
Bob Hope 33 min - 22.5 mi
Tom Watkins 310-488-1789 Centennial Advisers
Tom Watkins 310-488-1789 Centennial Advisers