Huntington Park, CA 90255,6200 Malabar
Huntington Park, CA 90255,6200 Malabar
Huntington Park, CA 90255,6200 Malabar
Huntington Park, CA 90255,6200 Malabar
Huntington Park, CA 90255,6200 Malabar
Huntington Park, CA 90255,6200 Malabar
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Craig Hulbert

Craig Hulbert

+1(858) 752-3447
$ 1,685,000
Est. payment | /mo

3 Beds

2 Baths

7,507 Sqft Lot

Save
$ 1,685,000
Est. payment | /mo
Save

3 Beds

2 Baths

7,507 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25254734

Bedrooms 3

Lot Size 7,507 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

We are proud to present 6200 Malabar Street a 7-unit multifamily property located in the heart of Huntington Park, CA. Huntington Park is located within LA Countys Southeast region just 7-miles outside of DTLA, centered between the 710-, 5-, and 110-freeways. The property is located within a 10-mile drive to major employment hubs like City of Vernon, City of Commerce, and DTLA. Locally, tenants enjoy being just steps from Pacific Blvd Huntington Parks heaviest retail corridor providing access to a variety of retailers, convenience stores, and places to dine. Tenants also enjoy convenient access to big name retailers within a 3-mile drive like Target, Home Depot, Northgate Market, and Several Local Parks and Schools. The property offers 7 single-story, ground-level apartments, consisting of 4, 1-Bedroom and 3, 2-Bedroom units. The property sits on a 7,500+ SF lot and, in addition to housing, offers on-site garage parking and a community laundry room all income generating attributes that are sparce for tenants in the area. The property currently generates over +/-$150,000 in rental income, with an additional +/-$5,400 of revenue via rentable garages and a shared laundry facility. With a total annual revenue of +/-$155,880, a new investor will benefit from the current 6.42% CAP Rate and 10.81 GRM. A new investor also has the rare opportunity to assume the existing debt of +/-$983,000 at a below market interest rate of 3.45%, which is fixed until mid-2029. The deal boasts an impressive in-place 7.91% Cash-on-Cash return with the assumption of the current debt.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Randolph X Malabar

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 6320019004

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

MLS Router / San Diego MLS
Listed by Justino Faaola COMPASS

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Kipp Comienza Community Preparatory

    Public | KG - 4

  • 8

    Synergy Charter Academy

    Public | KG - 5

  • 8

    Celerity Dyad Charter

    Public | KG - 8

  • 8

    Bryson Avenue School

    Public | KG - 5

  • 8

    Aspire Gateway Academy

    Public | KG - 5

  • 6

    Thirty-Second Street Usc Performing Arts

    Public | KG - 12

  • 6

    99th Street Elementary School

    Public | PK - 6

  • 6

    Center for Advanced Learning

    Public | KG - 5

  • 6

    20th Street Elementary School

    Public | KG - 5

  • 6

    Aspire Titan Academy

    Public | KG - 5

  • 6

    Stanford Avenue Elementary

    Public | 1 - 5

  • 6

    Victoria Avenue Elementary

    Public | KG - 5

  • 6

    Aspire Firestone Academy

    Public | KG - 5

  • 6

    Maywood Elementary

    Public | KG - 5

  • 5

    Dolores Huerta Elementary School

    Public | KG - 5

  • 5

    66th Street Elementary School

    Public | KG - 6

  • 5

    Quincy Jones Elementary

    Public | KG - 5

  • 5

    Kipp Philosophers Academy

    Public | 5 - 8

  • 5

    Wisdom Elementary School

    Public | PK - 6

  • 5

    Lillian Street Elementary School

    Public | KG - 6

Middle Schools 20
  • 6

    Aspire Pacific Academy

    Public | 6 - 12

  • 5

    Synergy Kinetic Academy

    Public | 6 - 8

  • 5

    Aspire Centennial College Preparatory Academy

    Public | 6 - 8

  • 5

    Walnut Park Middle School - STEM Academy

    Public | 6 - 8

  • 5

    Magnolia Science Academy Bell

    Public | 6 - 8

  • 5

    Orchard Academies 2B

    Public | 6 - 8

  • 4

    John Adams Middle School

    Public | 6 - 8

  • 4

    Thomas Alva Edison Middle School

    Public | 6 - 8

  • 4

    Dr. Julian Nava Learning Academy - School of Business & Tech

    Public | 6 - 8

  • 4

    Orchard Academies 2c

    Public | 6 - 8

  • 4

    South Gate Middle School

    Public | 6 - 8

  • 4

    Nimitz Middle School

    Public | 6 - 8

  • 3

    Animo Jefferson Charter Middle School

    Public | 6 - 8

  • 3

    Stevenson Middle School

    Public | 6 - 8

  • 2

    Drew Middle School

    Public | 7 - 8

  • 2

    Prepa Tec - los Angeles

    Public | 6 - 8

  • 1

    Watts Learning Center Charter Middle School

    Public | 6 - 8

  • 1

    Los Angeles Academy Middle School

    Public | 6 - 8

  • 1

    George Washington Carver Middle School

    Public | 6 - 8

  • 1

    Dr. Julian Nava Learning Acads-School of Arts and Culture

    Public | 6 - 8

High Schools 20
  • 8

    Orthopaedic Hospital

    Public | 9 - 12

  • 8

    Animo Pat Brown

    Public | 9 - 12

  • 8

    Alliance Huntington Park College-Ready Academy High School

    Public | 9 - 12

  • 7

    Student Empowerment Academy

    Public | 9 - 12

  • 7

    Linda Marquez High School - Libra Academy

    Public | 9 - 12

  • 7

    Oscar de la Hoya Animo Charter High School

    Public | 9 - 12

  • 6

    Animo Ralph Bunche High School

    Public | 9 - 12

  • 6

    Linda Marquez High School - Huntington Park Institute of Applied Medicine

    Public | 9 - 12

  • 5

    Public Service Community High School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 5

    Linda Marquez High School - School of Social Justice

    Public | 9 - 12

  • 5

    South East High School

    Public | 9 - 12

  • 4

    Synergy Quantum Academy

    Public | 9 - 12

  • 4

    Santee Education Complex

    Public | 9 - 12

  • 4

    Green Design STEAM Academy - Diego Rivera Learning Complex

    Public | 9 - 12

  • 4

    Nava College Preparatory Academy

    Public | 9 - 12

  • 4

    Huntington Park High School

    Public | 9 - 12

  • 4

    South Gate High School

    Public | 9 - 12

  • 4

    Bell High School

    Public | 9 - 12

  • 4

    Maywood Academy

    Public | 9 - 12

  • 3

    Communication & Technology School - Diego Rivera Learning Complex

    Public | 9 - 12

School and business data provided by Attom Data.
Craig Hulbert

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 752-3447

craig.hulbert@exprealty.com

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6200 Malabar