Sold
6363 Cedar Street
Huntington Park CA, 90255
$1,880,000
$271.99 per sqft
Sold
14 Beds
7 Baths
6,912 sqft
Residential
Built in 1963
Listed by Darin Spillman with Kidder Mathews of California, Inc. 310-312-2800
7-unit apartment building located in a quiet residential neighborhood of Huntington Park, CA. Seller may consider carrying financing for a qualified buyer. Terms and rate to be determined. Consisting entirely of spacious 2-bedroom 1 bath (& 1.5 bath) units averaging 987 square feet each, this well-maintained property presents a clear value-add opportunity, with at least 20% rental upside and without the constraints of city rent control. The property is only subject to AB1482 (allowing for 8.8% rent increases annually). The building is separately metered for gas, electricity, and hot water. There are 8 garage parking spaces, providing 1 space per unit and two for the "master" unit. The master unit and unit A are both 2-story townhouses. Some of the building's renovations include a new roof in 2019, new 100 gallon water heater (and circulating pump) in 2019, and plumbing re-piping in 1999. Located about a half mile from Pacific Boulevard, the city's primary shopping mecca, 6363 Cedar Street offers a variety of retail, dining, and schools within minutes.
24362771
MLSⓇ ID
February 26, 2024
Listed
May 8, 2024
Updated
Map
6363 Cedar Street
Huntington Park CA, 90255
Interior Features
Total Stories
2
Bedrooms
14
Total Bathrooms
7
Laundry Description
Laundry Room
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Area Name
T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
Days on Market
51
Garage
Yes
Garage Spaces
8
Parking Total
8
View
No
County
Los Angeles
Pool
No
Zoning
HPR3YY
Buyer Agency Compensation
1.25%
Listing History
Date | Event | Price |
|---|---|---|
5/8/2024 | Sold | $1,880,000 |
4/18/2024 | Pending | — |
Listing Contact: 310-312-2800
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/8/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/8/2024 at 3:11 AM UTC