Log In/Sign Up
Your email has been sent.
NEW PRICE! Current 5.4% CAP Rate & 11 GRM! 2671 Clarendon Ave 8 Unit Apartment Building $1,395,000 ($174,375/Unit) 5.45% Cap Rate Huntington Park, CA 90255
Investment Highlights
- NEW PRICE! Current 5.4% CAP Rate & 11 GRM!
- Tenants Enjoy Private Gated Entry & Onsite Laundry Facility
- DESIRABLE SINGLE-STORY CONSTRUCTION
- 35% Upside in Rental Income!
Executive Summary
NEW PRICE! Current 5.4% CAP Rate & 11 GRM! Kristopher German of The Apartment Dealer is pleased to offer for sale this 8 unit multi-family investment property in the city of Huntington Park. This asset presents a rare opportunity to acquire a single-story 8-unit apartment property in a prime Huntington Park rental location. The offering features two structures totaling 4,286 rentable sq. ft. on a 7,672 sq. ft. lot. The first structure consists of four 1-Bed/1-Bath units and two Studio apartments, while the second structure offers two 1-Bed/1-Bath units. Residents benefit from private gated entry and an onsite laundry facility, adding convenience and rental desirability. With 35% upside in rental income, this property presents strong cash-flow growth potential alongside long-term appreciation. Investors will benefit from a well-positioned investment with strong rental demand drivers.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,395,000 | Apartment Style | Low-Rise |
| Price Per Unit | $174,375 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 5.45% | Building Size | 4,286 SF |
| Gross Rent Multiplier | 11.02 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1923 |
| Property Subtype | Apartment | Parking Ratio | 0.7/1,000 SF |
| Zoning | HPCPYY | ||
| Price | $1,395,000 |
| Price Per Unit | $174,375 |
| Sale Type | Investment |
| Cap Rate | 5.45% |
| Gross Rent Multiplier | 11.02 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 4,286 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1923 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | HPCPYY |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,335 | - |
| Studios | 2 | $1,200 | - |
1 1
Walk Score®
Walker's Paradise (93)
Property Taxes
| Parcel Number | 6320-022-017 | Total Assessment | $1,724,463 (2025) |
| Land Assessment | $1,061,208 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $663,255 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
6320-022-017
Land Assessment
$1,061,208 (2025)
Improvements Assessment
$663,255 (2025)
Total Assessment
$1,724,463 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
NEW PRICE! Current 5.4% CAP Rate & 11 GRM! | 2671 Clarendon Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.