2616 Broadway, Huntington Park, CA 90255
- $1,395,000
- List Price
- $1,395,000
- Price Change
- ▼ $180,000 1784954308
- Status
- ACTIVE
- MLS#
- DW26119091
- Year Built
- 1948
- Lot Size
- 8,982
- Acres
- 0.21
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 55
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
Look No Further! Introducing 2616 Broadway Ave! Excellent opportunity to own an 8-unit multifamily property in the heart of Huntington Park. Situated on an 8,982 SF lot with approximately 5,317 SF of building area, this income-producing property features a desirable unit mix of (1) 2-bedroom/1.5-bath unit, (5) 1-bedroom/1-bath units, and (2) studio units. Currently generating approximately $10,450 per month in rental income, the property offers immediate cash flow with upside potential through future rent growth. Conveniently located near shopping, schools, public transportation, and major freeways, making it an attractive option for tenants and investors alike. Whether you’re looking to expand your portfolio or acquire your first multifamily property, this is a great opportunity to own a well-located asset with strong long-term potential.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $125,400
- Operating Expense
- 43890
Listing courtesy of Listing Agent: Yehia Zakaria (yehiazak87@gmail.com) from Listing Office: Century 21 Jervis & Associates.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.