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2821 Randolph St

Huntington Park CA 90255

3
2
13887 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Price Reduced! Exceptional opportunity to acquire a 14-unit apartment community in the city of Huntington Park, now offering an attractive 6.2% CAP Rate and 10.8 GRM. The improved pricing provides investors with strong day-one cash flow at an attractive price per unit, along with significant potential to increase returns through an estimated 30% upside in rental income. The property features an excellent unit mix consisting of four 2-Bed/1-Bath units and ten 1-Bed/1-Bath units, providing desirable floor plans that support consistent tenant demand. Offering approximately 9,160 rentable square feet on a 13,887 sq. ft. lot, the property occupies a prime corner location within walking distance to shopping, dining, and schools. Tenants enjoy an impressive 19 onsite garage parking spaces, a particularly valuable amenity in the Huntington Park rental market, along with private gated entry and an onsite laundry facility. These features enhance the property's overall rental appeal and provide added convenience for residents.

Features

3 bedrooms
2 bathrooms
13887 sq. ft. lot size
Multi-Family

Property history for 2821 Randolph St

2007
Sold
$384,011
30 Mar 2007

Happy sellers in Huntington Park

87%
87% of sellers in Huntington Park reported that their sale price either exceeded or met their price expectations.

Huntington Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Huntington Park over the last 12 months.

Local market activity for 3 bedroom multi families in Huntington Park

In the last 12 months, 4 three-bedroom multi families similar to 2821 Randolph St, have been sold.

This represents a 300% decrease in three-bedroom multi families sales when compared to the previous 12 months.

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