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2938 E 60Th Pl, Huntington Park, CA 90255
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2938 E 60Th Pl Huntington Park, CA 90255

$2,387,000
  • 21 Beds
  • 9 Baths
  • 7,650 Sq.Ft.
For Sale
$2,387,000 Get Pre-Qualified
Map preview of 2938 E 60Th Pl, Huntington Park, CA 90255

Property Overview: 2938 E 60Th Pl Huntington Park, CA has 21 bedrooms, 9 bathrooms, 7,650 living square feet and 9,002 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are pleased to offer for sale a 9 unit apartment building in the city of Huntington Park. The asset consists of three 3 bedroom-1.5 bathroom and six 2 bedroom-1 bathroom units. This offering presents an opportunity for an investor to add value through management and rehabilitation in a high-density, high-demand in-fill rental market. The city of Huntington Park does not have a rent control ordinance and the owner is only bound by AB 1482, which allows for up to 8.8% rent increases annually. Situated in a very attractive, quiet pocket of Huntington Park, the building has 9 carport spaces, on-site laundry, and is separately metered for gas and electricity. The city of Huntington Park is centrally located close to the employment centers of Vernon and Downtown Los Angeles. The property enjoys close proximity to Pacific Boulevard, the city's main retail corridor.

Listed by Darin Spillman | BRE #01366902 | Kidder Mathews of California, Inc.
Last checked: 3 minutes ago | Last updated: April 22nd, 2024 | Source CRMLS | DOM: 42
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Home details

Lot Sq. Ft
9,002
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24380259
City
Huntington Park
County
Los Angeles
Time on Site
47 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $3,400
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $6,000
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,680
  • Total Rent: $3,360
  • Pro Forma/Market Rent: $3,360
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.7
  • Gross Scheduled Income: --
  • Net Operating Income: $104,842
  • Gross Operating Income: $174,120
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2938 E 60Th Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Detached Carport, Attached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 9
  • Parcel Number: 6310022007
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Slauson, North of Randolph, west of Boyle, East of Miles Ave.
View more facts & features

Local Huntington Park Agent

Sale History for 2938 E 60Th Pl

Last sold for $1,030,000 on December 28th, 2007

  • April, 2024

  • Apr 14, 2024

    Date

    Active

    CRMLS: 24380259

    $2,387,000

    Price

  • December, 2007

  • Dec 28, 2007

    Date

    Sold (Public Records)

    Public Records

    $1,030,000

    Price

  • March, 2007

  • Mar 26, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2938 E 60Th Pl

Assessed Value (2020): $1,058,791
Year Land Value Improved Value Assessed Value
2020 $434,697 $624,094 $1,058,791

Home Value Compared to the Market

This property vs the competition

2938 E 60Th Pl is listed 281.92% higher than the median list price for the city of Huntington Park which has a median list price of $624,999. The median price per/sqft for Huntington Park is $485 and this home is listed at $312.03 per/sqft which puts the price per square foot 35.66% lower than the median price per square foot for the city of Huntington Park.

About 2938 E 60Th Pl

Detailed summary of property

2938 E 60Th Pl is a multi family located in Huntington Park, CA 90255 and is currently for sale. This multi family property offers 21 bedrooms, 9 bathrooms, roughly 7,650 living square feet, and sits on an approximately 9,002 square foot lot. 2938 E 60Th Pl was first listed on ArdentRealEstateGroup.com on April 15, 2024. The homeowner is currently asking $2,387,000. The median priced home in Huntington Park is $624,999 with a median price per square foot of $485. Based on Ardent Real Estate Group's Huntington Park Market Data, this home is listed 281.92% higher than the median priced home. Local competing homes currently for sale include 316 N Fickett St, 8418 S Main St and 324 W 51st St. While the average home in Huntington Park, CA is selling in 33 days, 2938 E 60Th Pl has a days on market of 42 days. There are currently 20 homes for sale in the Huntington Park real estate market and 15 of them are single family homes while 5 of them are condos and 0 are townhomes. For more information on this home for sale at 2938 E 60Th Pl Huntington Park, CA 90255 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Park agents.

Public Facts for 2938 E 60Th Pl

Public county record property details
Beds
18
Baths
9
Year built
1962
Sq. Ft.
7,650
Lot Size
8,999
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
6310-022-007

The source for these homes facts are from public records.

90255 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$624,999
Median List Price/Sq.Ft.
$485
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$451
Total Inventory
19
Median Sale to List Price %
101.9%
Avg Days on Market
24
Loan Type
Conventional (40%), FHA (40%), VA (0%), Cash (0%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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