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Key Details
Sold Price $1,826,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,132 sqft
Price per Sqft $256
MLS Listing ID 24398553
Sold Date 08/16/24
Bedrooms 18
HOA Y/N No
Year Built 1964
Lot Size 7,492 Sqft
Property Description
Proudly presenting the sale, for the first time in over 40 years, of The Malabar, a 7 unit multifamily investment property in Huntington Park. The building is comprised of a unique unit mix of 4 (3+2)s and 3 (2+1.5)s, all of which are exceptionally large (building size of 7,132 SF) and unlike the available housing options in the area. The building is separately metered for gas and electricity, well parked with 10 covered spaces, and secured with gated entry in the front and rear of the property. With a Walk Score of 94, the building is located in the one of the best pockets in the city. Its prime location only two blocks from the main shopping corridor of Pacific Blvd and across from Middleton Elementary School, have contributed to the historical high occupancy level of this asset. Huntington Park is subject to CA Statewide AB 1482 no strict city level rent control restrictions.
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Zoning HPR4YY
Interior
Heating Wall Furnace
Fireplace No
Exterior
Garage Assigned, Covered
Parking Type Assigned, Covered
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6322002014
Special Listing Condition Standard
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Bought with Shant Sherbetdjian • Remax Commercial and Investment Realty
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935