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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.

Los Angels Real Estate Borkers - The Bogie Group
880 Apollo Street, Suite 101, El Segundo, CA 90245
requests@bigrea.com
(424) 301-3800
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