2528 E 54th ST Pending Save Request In-Person Tour Request Virtual Tour
Huntington Park,CA 90255
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CV25223898
HOA Y/N No
Year Built 1948
Lot Size 6,499 Sqft
Property Sub-Type Apartment
Property Description
Just Listed! Exceptional value-add opportunity in Huntington Park, 7 units spread across three separate structures on a 6,500 sq. ft. lot, totaling 4,214 rentable sq. ft. The property features a desirable unit mix: a 3-Bed/1-Bath detached cottage, four 1-Bed/1-Bath units in a 4-plex, and two 1-Bed/1-Bath units in a duplex. Tenants benefit from private gated entry, garage parking, and an onsite laundry facility, enhancing long-term rental demand. Recent capital improvements include new electrical panels (2025), and with separately metered electricity and gas, operating expenses remain low. Currently generating a 5.67% CAP Rate and 11.58 GRM, this asset also boasts a 35% rental upside for investors looking to increase returns through strategic management. Priced to sell, this is a must-see investment in one of Southeast Los Angeles County's most stable rental markets.
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Zoning HPM2*
Interior
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned,Door-Single,Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Block,Wrought Iron
Pool None
Community Features Sidewalks
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
View Y/N No
View None
Roof Type Shingle,Spanish Tile
Accessibility None
Total Parking Spaces 7
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6309012022
Energy Description 299.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard