Huntington Park, CA, 90255 - For Sale

Type:	Property
Address:	2518 Randolph Street, Huntington Park, CA, 90255
Bedrooms:	N/A
Bathrooms:	N/A
Year Built:	N/A
Sq. Footage:	N/A
Price/Sqft:	N/A
Property Tax:	new! $10,972
Price:	$1,049,000
Sale Type:	For Sale by Agent

Listing added: 2009-06-09

Additional features: School district: , , ,

100%%%% Rented 10 Unit property freshly painted and ready to sell. Large square footage (6,896 SF) in this property (units are good sized) and fenced side yards make this a desirable rental property. Large Yard (15,477 SF) and parking in the rear along with a 1 car garage and this property should sell quickly. Area rental rates are about $750 minimum for 1 bedrooms and $1,100 for 2 bedrooms. The owner has kept rents low for many years. Cap rate could rise above 8 1/2%%%% easily with market rents. NOTE: Commercial-General zoning is possible which could open up profit potential! A senior housing center similar to the one on the other side of Rugby may be an option. Each unit has it's own laundry which tenants LOVE!

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