6325 MARCONI Street Huntington Park CA 90255 | 22162945

6325 MARCONI Street
Huntington Park, CA, 90255
$3,680,000
Beds
Baths
0 SqFt
0.35 Acres
This offering presents a rare opportunity to purchase a property of this size in a Los Angeles-area submarket that is not subject to local rent control. Due in part to recent rent growth in the Huntington Park area, the current rents sit approximately 24 percent below those of similar units in the area.Insulated from crowded traffic corridors, the building sits among single family homes and smaller multifamily properties, yet its location still allows tenants convenient access to the Pacific Boulevard Shopping District. The ample on-site covered parking allows space for 20 vehicles, while an on-site laundry room provides an additional income stream for the owner. Several of the roofs are pitched and the building’s exterior has been recently painted, providing more durability and reducing maintenance costs.Huntington Park High School, Gage Middle School, and San Antonio Elementary School are all within walking distance of the property, while The Home Depot, Staples, Walgreens, and other national retailers are all within a few blocks. Mass transit bus lines make stops within less than a block of the property, while tenants can also access the 710 and 110 Freeways easily.

Property Details

Price:
$3,680,000
MLS #:
22162945
Status:
Active Under Contract
Address:
6325 MARCONI Street
Type:
Residential Income
City:
Huntington Park
Listed Date:
Jun 1, 2022
State:
CA
ZIP:
90255
Lot Size:
15,141 sqft / 0.35 acres (approx)
Year Built:
1964
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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

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