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Multifamily

2644 Broadway Ave

2644 Broadway Ave, Huntington Park, CA 90255

Listing Price: $1,500,000

Cap Rate
4.67%
Number of Units
6
Price/Unit
$250,000
Price/Gross SF
$166.30
Gross SF
9,020

Investment Overview

Built in 1946, the property consists of three duplex structures and a detached garage which can potentially be converted into an ADU (Buyer to do their own investigations). The building sits on a 9,020 square foot lot with 3,917 of rentable space and is comprised of (3) one-bed/one-bath, (2) two-bed/one-bath and (1) three-bed/1 bath units. The property will be delivered with one vacant, fully renovated, and rent ready one-bedroom unit that can be rented out at market rate or occupied by an owner/user. The water, sewer and trash expenses are reimbursed back to the Landlord through Guardian Water & Power. The landscaping has been replaced with artificial turf, eliminating any landscaping expenses.

Investment Highlights

  • Detached garage can be converted to an ADU
  • Delivered with a fully renovated, vacant and rent ready one-bedroom unit
  • Grass replaced with artificial turf
  • Copper plumbing and in-unit washer/Dryer hook-ups
  • 100% of water, sewer and trash being billed back to tenants

Exclusively Listed By

Multifamily

2644 Broadway Ave

Listing Price: $1,500,000

Cap Rate
4.67%
Number of Units
6
Price/Unit
$250,000
Price/Gross SF
$166.30
Gross SF
9,020

Investment Highlights

  • Detached garage can be converted to an ADU
  • Delivered with a fully renovated, vacant and rent ready one-bedroom unit
  • Grass replaced with artificial turf
  • Copper plumbing and in-unit washer/Dryer hook-ups
  • 100% of water, sewer and trash being billed back to tenants

Investment Overview

Built in 1946, the property consists of three duplex structures and a detached garage which can potentially be converted into an ADU (Buyer to do their own investigations). The building sits on a 9,020 square foot lot with 3,917 of rentable space and is comprised of (3) one-bed/one-bath, (2) two-bed/one-bath and (1) three-bed/1 bath units. The property will be delivered with one vacant, fully renovated, and rent ready one-bedroom unit that can be rented out at market rate or occupied by an owner/user. The water, sewer and trash expenses are reimbursed back to the Landlord through Guardian Water & Power. The landscaping has been replaced with artificial turf, eliminating any landscaping expenses.

Exclusively Listed By

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