4210 E 61st St, Huntington Park, CA 90255, USA
Sales Price: $1,200,000
Units: 6 + 1*
Price Per Unit: $200,000
Price Per SF: $302.42
Cap Rate: 4.00%
Listing Agent: David O'Keefe
JUST CLOSED AT LIST PRICE: 7 UNITS IN HUNTINGTON PARK
December 3, 2020
Just closed at list price for $1,200,000, or a 4.00% cap rate! We represented the seller in the disposition of 4210 East 61stStreet in Huntington Park, a 1953 construction apartment building with seven one-bedroom units, one of which is non-conforming, five single-car garages, eight surface parking spaces, and on-site laundry. The property is situated in a very walkable location within a few blocks of schools, grocery stores, and retail. The acquisition offers a new investor significant upside potential in a dense submarket with steady occupancy rates. For more information, please contact David O’Keefe at (424) 405-3844.