6822 Marbrisa Ave, Huntington Park, CA
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
List Price: $2,095,000
Cap Rate: 2.72%
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.