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Listing Detail

6822 Marbrisa Ave, Huntington Park, CA

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Investment Highlights

  • Excellent Opportunity to Acquire an Asset With a Desirable Mix of Three Bungalows and Three Duplexes on a Large 0.39-Acre Corner Lot

  • Mix of Eight One-Bedroom Units and One Two-Bedroom Unit

  • Units Boast Laundry Hookups and Separate Utility Meters

  • Convenient Proximity to Retail | WalkScore: 94

  • Value-Add Opportunity With 72 Percent Rental Upside

6822 Marbrisa Ave

Huntington Park, CA

Type: Multifamily
Units: 9
List Price: $2,095,000
Price/Unit: $232,778
Price/SF: $386
Cap Rate: 2.72%

Investment Overview

The Bogie Group of Marcus & Millichap is pleased to present to market the nine-unit apartment property located at 6822 Marbrisa Avenue in Huntington Park, California. This offering is an excellent opportunity to acquire an asset in a strong rental submarket with major value-add potential; a new investor could strategically reposition the property and capture 72 percent rental upside.

6822 Marbrisa Avenue boasts three bungalows, three duplexes and a mix of eight one-bed/one-bath units and one two-bed/one-bath unit. The units are all single-story floor plans with laundry hookups. Units are separately metered for all utilities, keeping owner expenses to a minimum. The large 0.39-acre corner lot also features nine single-car garages.

This property is located near the intersection of Santa Fe and Saturn avenues one block from a Food4Less grocery store; with a WalkScore of 94, tenants enjoy convenient proximity to retail.

Note this is a court-ordered sale. Please contact listing agents with any questions.

Download Offering Memorandum

Exclusively listed by

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Steve "Bogie"Bogoyevac

Senior Managing Director Investments

License: CA 01332755

(562) 257-1231

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Izzy Sanchez

First Vice President Investments

License: CA 01236591

(424) 405-3862

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