2724 East 58th Street

2724 East 58th Street, Huntington Park, CA 90255

  • For Sale $1,590,000
  • Property Type Multi-Family
  • Property Size 5,654 SF
  • Units 8
  • Lot Size 0.15 Acre
  • Additional Rent Contact for pricing
  • Year Built 1941
  • Date Updated Oct 12, 2024
Discover the vibrant community surrounding the property located in Huntington Park, CA. This bustling area offers a blend of residential and commercial spaces, providing an attractive balance for investors. Nearby, explore the renowned Pacific Boulevard commercial district, offering a diverse array of dining, retail, and entertainment options. The location also benefits from convenient access to major transportation routes, facilitating connectivity across the region. With its dynamic mix of amenities and a prime location, Huntington Park presents a compelling opportunity for investors seeking a strategic position in the office building market.Morgan Skenderian is pleased to present 2724 East 58th Street, Huntington Park, an 8-unit apartment building. Built in 1941 and comprised of 100% 1-bedroom/1-bath floor plans, this offering presents significant rental upside potential, with a favorable $198,750 per unit and $281 per square foot, complemented by garage parking and a desirable 8.6% cap rate on market rents. Situated in a phenomenal rental area, this property represents an attractive prospect for an investor seeking an established income-generating asset.
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Highlights

  • $198,750 per Unit
  • $281 per Square Foot
  • Massive Rental Upside From Long-Term Owner
  • 8.6% Cap Rate on Market Rents
  • Phenomenal Rental Area
  • Garage Parking

Contacts

broker
Doug Rodermund

Morgan Skenderian Investment Real Estate Group

Location

Getting Around

  • Walk Score ®

    86/100 Very Walkable

  • Transit Score ®

    56/100 Good Transit

  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Huntington Park, CA
  • Neighborhood Huntington Park
  • Zip Code 90255
  • Market Los Angeles

Points of Interest

  • Washington

    2.41 miles

  • San Pedro Street

    3.22 miles

  • 103rd Street/Watts Towers

    3.50 miles

  • Indiana

    3.50 miles

  • Soto Station

    3.76 miles

  • Mariachi Plaza Metro Station Entrance

    3.97 miles

  • Grand/LATTC

    4.03 miles

  • Willowbrook/Rosa Parks

    4.38 miles

  • Pershing Square

    4.39 miles

  • Expo/Vermont

    4.46 miles

  • Speedway

    0.22 miles

  • Shell

    0.47 miles

  • 76

    0.51 miles

  • Arco

    0.76 miles

  • 7-Eleven

    1.09 miles

  • Chevron

    1.22 miles

  • Sinclair

    1.41 miles

  • Electric Vehicle Charging Station

    4.37 miles

  • ChargePoint

    6.35 miles

  • Tesla Supercharger

    8.75 miles

  • Metro Park and Ride

    1.68 miles

  • East 8th Street

    2.93 miles

  • Perfect Parking

    3.23 miles

  • Public Parking

    3.25 miles

  • Slauson Park And Ride

    3.33 miles

  • Paragon Parking

    3.44 miles

  • LADWP Lot

    3.50 miles

  • Valet Parking

    3.55 miles

  • Randolph Hotel

    0.36 miles

  • Corona Inn

    1.15 miles

  • Casa Bella Inn

    1.15 miles

  • Travelodge Inn & Suites Bell Los Angeles Area

    2.23 miles

  • Twilite Motel

    2.49 miles

  • State Motel

    2.54 miles

  • Cudahy Inn Motel

    2.69 miles

  • Diamond Inn

    2.73 miles

  • Corona Motel

    2.97 miles

  • Central Inn

    3.03 miles

  • Tam's

    0.17 miles

  • Jack in the Box

    0.17 miles

  • Tom's

    0.20 miles

  • Domino's

    0.22 miles

  • McDonald's

    0.23 miles

  • Farmer Boys

    0.24 miles

  • Taco Bell

    0.27 miles

  • In-N-Out Burger

    0.27 miles

  • Raising Cane's

    0.31 miles

  • Jamba

    0.31 miles

  • Pacific Boulevard Elementary School

    0.10 miles

  • Aspire Pacific Academy

    0.26 miles

  • Huntington Park High School

    0.32 miles

  • Baptist Day School

    0.45 miles

  • Gage Middle School

    0.71 miles

  • Middleton Elementary School

    0.74 miles

  • San Antonio Elementary School

    0.77 miles

  • Linda Esperanza Marquez High School

    0.84 miles

  • Miles Elementary School

    0.85 miles

  • Vernon City Elementary School

    1.07 miles

  • Codela Pre-School

    3.40 miles

  • Ralph M. Parsons Preschool

    4.11 miles

  • HIC Daycare

    4.27 miles

  • San Antonio de Padua Academy Preschool

    4.36 miles

  • Bakewell Primary Center

    4.44 miles

  • Locke Early Education Center

    4.69 miles

  • Centro de Ninos

    4.95 miles

  • Montessori Academy of Downey

    5.27 miles

  • Vernon Adult Day Program

    5.53 miles

  • Gates Early Education Center

    5.77 miles

Frequently Asked Questions

How much does 2724 East 58th Street cost?

The space currently listed for sale at 2724 East 58th Street asks for $1,590,000.

What is the total square footage of 2724 East 58th Street?

2724 East 58th Street totals 5,654 square feet.

When was this property built?

2724 East 58th Street was built in 1941.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Doug Rodermund

Morgan Skenderian Investment Real Estate Group