Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Homes with Apartment Subtype

Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Homes with Apartment Subtype

Welcome to the vibrant neighborhoods of Vernon, Maywood, Hunt Park, and Bell, located in the heart of Huntington Park, California. This dynamic region, part of Los Angeles County, is a melting pot of cultures and communities, offering a rich tapestry of experiences for residents and visitors alike.

One of the standout features of this area is its diverse housing options, particularly homes with an apartment subtype. These residences cater to a variety of lifestyles, making them perfect for families, young professionals, and investors alike. Whether you’re looking for a cozy duplex or a multi-family unit, you’ll find homes that not only provide comfortable living spaces but also potential rental income.

The neighborhoods are well-connected, with easy access to major freeways and public transportation, making commuting a breeze. Local amenities abound, from parks and recreational facilities to shopping centers and dining options that reflect the area’s multicultural flair. Residents can enjoy everything from authentic taquerias to trendy cafes, ensuring there’s something for everyone.

Moreover, the community spirit in Vernon, Maywood, Hunt Park, and Bell is palpable. Neighborhood events and festivals often bring residents together, fostering a sense of belonging and pride. With a commitment to maintaining green spaces and community services, this area is dedicated to enhancing the quality of life for all its inhabitants.

If you're seeking a home that offers both comfort and investment potential in a lively, welcoming environment, look no further than the homes with apartment subtypes in this fantastic region. Embrace the charm and convenience of Huntington Park today!

Newest Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Homes with Apartment Subtype

$1,625,000
CV26099601 MLS Active Status
We are proud to present 6200 Malabar Street – a 7-unit multifamily property located in the heart of Huntington Park, CA. Huntington Park is located within LA County’s Southeast region just 7-miles outside of DTLA, centered between the 710-, 5-, and 110-freeways. The property is located within a 10-mile drive to major employment hubs like City of Vernon, City of Commerce, and DTLA. Locally, tenants enjoy being just steps from Pacific Blvd – Huntington Park’s heaviest retail corridor providing access to a variety of retailers, convenience stores, and places to dine. Tenants also enjoy convenient access to big name retailers within a 3-mile drive like Target, Home Depot, Northgate Market, and Several Local Parks and Schools. The property offers 7 single-story, ground-level apartments, consisting of 4, 1-Bedroom and 3, 2-Bedroom units. The property sits on a 7,500+ SF lot and, in addition to housing, offers on-site garage parking and a community laundry room – all income generating attributes that are sparse for tenants in the area. The property currently generates over +/-$155,000 in rental income, with an additional +/-$5,400 of revenue via rentable garages and a shared laundry facility. With a total annual revenue of +/-$161,000, a new investor will benefit from a current 7.03% CAP Rate and 10.08 GRM. A new investor also has the rare opportunity to assume the existing debt of +/-$982,000 at a below market interest rate of 3.45%, which is fixed until mid-2029. The deal boasts an impressive in-place 8.77% Cash-on-Cash return with the assumption of the current debt.

6200 Malabar, Huntington Park

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.