2565 Cass Place

2565 Cass Place, Huntington Park, CA 90255

  • For Sale $1,250,000
  • Property Type Multi-Family
  • Property Size 3,991 SF
  • Units 7
  • Lot Size 0.15 Acre
  • Additional Rent Contact for pricing
  • Year Built 1945
  • Date Updated Nov 18, 2024
Walnut Park area of Huntington Park is a vibrant and bustling community located just southeast of downtown Los Angeles, known for its diverse cultural atmosphere and strong sense of community. Nestled near key transportation hubs, residents enjoy seamless access to the broader Los Angeles region via major thoroughfares like the I-710 and I-5 freeways. The area also benefits from convenient public transit options, with nearby Metro stations connecting Huntington Park to key destinations across the city. Huntington Park is a short drive to major employment centers, including downtown Los Angeles, making it an attractive location for those working in the city's thriving industries such as entertainment, healthcare, and education. Locally, the community boasts numerous retail and dining options, notably along the bustling Pacific Boulevard, a main shopping district featuring well-known spots like El Gallo Giro and La Monarca Bakery, as well as various boutique stores and eateries that reflect the area’s rich Latino heritage. For recreation and leisure, residents can visit Salt Lake Park, a spacious green space featuring sports facilities, playgrounds, and areas for picnics and community events. Additionally, the nearby Huntington Park Library serves as a community hub, hosting educational and cultural events.SVN is proud to present 2565 Cass Place in the Walnut Park area of Huntington Park which is an opportunity with significant rental upside potential. Built in 1945 with 3,991 rentable square feet on a 6,626-square-foot lot, this property features a desirable unit mix: One 1-bedroom, 1-bathroom unit and Six 2-bedroom, 1-bathroom units, appealing to a broad tenant base. All units are separately metered for gas and electricity, aside from two connected to the master meter, enhancing operational efficiency for new ownership. Situated on a quiet residential street just off Long Beach Blvd, the property enjoys a blend of urban convenience and suburban charm. A single on-site parking space adds value for tenants, and the property’s pitched roofs contribute to its classic curb appeal. With current rents below market, this property offers investors an excellent opportunity to capitalize on rent growth and increase cash flow. Positioned near essential transit hubs, major employment centers, and Huntington Park’s local amenities, this asset combines a prime location with strong growth potential. With considerable rental upside, this multifamily property presents a promising investment opportunity. Its current rents are below market, allowing new owners to unlock potential cash flow growth by bringing them in line with the area. Positioned in a dynamic and culturally rich neighborhood, this property is a rare find that combines location, community appeal, and investment potential.

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Highlights

  • 86% Two-Bedroom Units: ideal for families and long-term tenants.
  • Value-Add Opportunity: Potential for up to 50% rental upside with market-rate adjustments, providing a significant boost in ROI.
  • Residential Location: Situated on a residential street just off Long Beach Blvd, offering tenants a peaceful environment with easy access to major thoroughfares.
  • High Market Cap Rate of 8.39%: Strong market cap rate, enhancing potential returns for investors.
  • Additional Income Potential: Opportunity to increase revenue with added storage solutions for tenants.
  • Proximity to Amenities: Close to schools, parks, shopping, and public transit, adding appeal for potential renters.

Contacts

broker

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable
  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City Huntington Park, CA
  • Neighborhood Huntington Park
  • Zip Code 90255
  • Market Los Angeles

Points of Interest

  • 103rd Street/Watts Towers

    1.69 miles

  • Willowbrook/Rosa Parks

    2.44 miles

  • Long Beach Boulevard

    2.69 miles

  • Avalon

    3.32 miles

  • Washington

    4.16 miles

  • Vermont/Athens

    4.48 miles

  • San Pedro Street

    4.85 miles

  • Indiana

    5.35 miles

  • Expo/Vermont

    5.47 miles

  • Grand/LATTC

    5.55 miles

  • Sinclair

    0.62 miles

  • Chevron

    0.64 miles

  • 76

    0.85 miles

  • Shell

    0.94 miles

  • arco

    1.14 miles

  • Speedway Express

    1.20 miles

  • Mobil

    1.27 miles

  • Arco

    1.39 miles

  • Electric Vehicle Charging Station

    5.48 miles

  • ChargePoint

    5.70 miles

  • Metro Park and Ride

    1.32 miles

  • LADWP Lot

    1.68 miles

  • Century Sheriff's Station

    2.32 miles

  • Willowbrook Park And Ride

    2.52 miles

  • Long Beach Blvd Park And Ride

    2.67 miles

  • Manchester Park And Ride

    3.17 miles

  • Avalon Park And Ride

    3.19 miles

  • Casa Bella Inn

    0.85 miles

  • State Motel

    0.88 miles

  • Corona Inn

    0.91 miles

  • Twilite Motel

    1.24 miles

  • Randolph Hotel

    1.60 miles

  • Central Inn

    1.86 miles

  • Corona Motel

    1.97 miles

  • Cudahy Inn Motel

    2.22 miles

  • World Motel

    2.22 miles

  • Travelodge Inn & Suites Bell Los Angeles Area

    2.39 miles

  • El Sinaloense

    0.32 miles

  • Gloria's Restaurant

    0.41 miles

  • Carl's Jr.

    0.44 miles

  • McDonald's

    0.46 miles

  • Jack in the Box

    0.50 miles

  • Birrieria Guadalajara

    0.64 miles

  • Chuck E. Cheese

    0.70 miles

  • Tom's

    0.79 miles

  • Chinafood

    0.82 miles

  • Pizza Roni

    0.83 miles

  • Redeemer Lutheran School

    0.10 miles

  • Liberty Elementary School

    0.19 miles

  • South Gate Educational Center (East Los Angeles College)

    0.28 miles

  • Walnut Park Elementary School

    0.40 miles

  • Academia Moderna

    0.44 miles

  • Willow Elementary School

    0.48 miles

  • Stanford Avenue Elementary School

    0.76 miles

  • State Street Elementary School

    0.77 miles

  • Saint Aloysius School

    0.77 miles

  • Graham Elementary School

    0.78 miles

  • Locke Early Education Center

    3.15 miles

  • Codela Pre-School

    3.43 miles

  • Bakewell Primary Center

    3.74 miles

  • Rancho Los Amigos Daycare

    4.59 miles

  • Montessori Academy of Downey

    4.64 miles

  • The Learning Box Childcare & Enrichment Center Inc

    4.88 miles

  • Ralph M. Parsons Preschool

    5.03 miles

  • HIC Daycare

    5.50 miles

  • Vernon Adult Day Program

    6.02 miles

  • MAOF Downey Center

    6.19 miles

Frequently Asked Questions

How much does 2565 Cass Place cost?

The space currently listed for sale at 2565 Cass Place asks for $1,250,000.

What is the total square footage of 2565 Cass Place?

2565 Cass Place totals 3,991 square feet.

When was this property built?

2565 Cass Place was built in 1945.

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