Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Homes with Apartment Subtype

Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Homes with Apartment Subtype

Welcome to the vibrant communities of Vernon, Maywood, Hunt Park, and Bell, nestled in the heart of Huntington Park, California. This dynamic region of Los Angeles County offers a unique blend of urban convenience and suburban charm, making it an ideal place for families, young professionals, and anyone looking to experience the rich culture of Southern California.

Vernon, known for its industrial roots, boasts a unique character with a strong sense of community. Just a stone's throw away, Maywood offers a diverse array of dining and shopping options, perfect for those who enjoy exploring local flavors. Hunt Park is a family-friendly neighborhood with beautiful parks and recreational facilities, catering to outdoor enthusiasts and families alike. Meanwhile, Bell is a charming area that has seen revitalization, offering a mix of historic architecture and modern amenities.

For those considering a home in this region, the apartment subtypes available here are particularly appealing. Many properties feature spacious layouts, modern finishes, and access to community amenities, making them perfect for both investment opportunities and personal residences. Whether you’re looking for a cozy one-bedroom apartment or a larger multi-bedroom unit, the housing options in this area cater to a variety of lifestyles and budgets.

Living in this region means enjoying the convenience of nearby public transportation, easy access to major highways, and a wealth of local attractions. From parks and schools to shopping centers and cultural events, Vernon, Maywood, Hunt Park, and Bell offer a vibrant lifestyle that is hard to resist. Discover your perfect home in this thriving community today!

Newest Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Homes with Apartment Subtype

$1,625,000
CV26099601 MLS Active Status
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 County’s 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 Park’s 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 sparse for tenants in the area. The property currently generates over +/-$155,000 in rental income, with an additional +/-$5,400 of revenue via rentable garages and a shared laundry facility. With a total annual revenue of +/-$161,000, a new investor will benefit from a current 7.03% CAP Rate and 10.08 GRM. A new investor also has the rare opportunity to assume the existing debt of +/-$982,000 at a below market interest rate of 3.45%, which is fixed until mid-2029. The deal boasts an impressive in-place 8.77% Cash-on-Cash return with the assumption of the current debt.

6200 Malabar, Huntington Park

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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.