Huntington Park, CA 90255,6822 Marbrisa AVE
Huntington Park, CA 90255,6822 Marbrisa AVE
Huntington Park, CA 90255,6822 Marbrisa AVE
Huntington Park, CA 90255,6822 Marbrisa AVE
Huntington Park, CA 90255,6822 Marbrisa AVE
Huntington Park, CA 90255,6822 Marbrisa AVE
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$2,100,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

10 Beds

9 Baths

5,424 SqFt


SOLD DATE : 07/18/2023

Key Details

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 5,424 sqft

Price per Sqft $313

MLS Listing ID 22193674

Sold Date 07/18/23

Bedrooms 10

HOA Y/N No

Year Built 1926

Lot Size 0.390 Acres

Property Description

We are pleased to present an exciting investment opportunity at 6822 Marbrisa Avenue, a 9-unit multifamily property located in Huntington Park, California. This Southeast Los Angeles submarket serves a large, dense rental pool, and has one of the lowest vacancy rates in the Los Angeles area. The property itself offers nearly 5,424 square feet of living space across a renter-friendly,single-story layout featuring eight one-bedroom/one-bath units and an additional two-bedroom/one-bath unit. Units sit on a 16,980 square foot corner lot, organized into six separate structures: three duplexes and three standalone units. There is also ample onsite enclosed garage parking. Investors will have the opportunity to implement a systematic renovation program focused on revenue generating improvements. They can then reposition the property among market leaders and increase rental income by approximately 39.1% percent. It is also conveniently located close to a developed shopping district with many national retailers and gives tenants easy access to I-710 and I-5 freeways.

Location

State CA

County Los Angeles

Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc

Zoning HRP3*

Interior

Fireplace No

Exterior

Garage Spaces 9.0

Garage Description 9.0

Total Parking Spaces 9

Building

New Construction No

Others

Senior Community No

Tax ID 6321024026

Special Listing Condition Standard

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CRMLS – RECore
Listed by Oscar Diaz Marcus & Millichap
Bought with Oscar Diaz Marcus & Millichap
John Herkenrath

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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