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2821 Randolph St

Huntington Park CA 90255

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

Overview

Priced to Sell! Exceptional opportunity to acquire a 14-unit apartment community in the city of Huntington Park, offered at $2,925,000. This well-located asset delivers a strong 5.64% CAP Rate and 11 GRM, providing attractive day-one cash flow with significant long-term upside potential. The property features an excellent unit mix consisting of four 2-Bed/1-Bath units and ten 1-Bed/1-Bath units, appealing to a broad tenant base and supporting consistent occupancy. Offering approximately 9,160 rentable square feet on a 13,887 sq. ft. lot, the property is positioned on a prime corner location within walking distance to shopping, dining, and schools. Tenants enjoy highly desirable amenities including 19 onsite garage parking spaces, private gated entry, and an onsite laundry facility, features that continue to support tenant retention and rental performance. Investors will also appreciate the propertys excellent price per unit and the opportunity to capture a massive 30% upside in rental income, creating a path to increased cash-flow over time.

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

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We have insufficient information to provide an overview of customer satisfaction for Huntington Park. Viewing the agent profiles, reviews and sales for Huntington Park can provide insights for this location.

Local market activity for 3 bedroom multi families in Huntington Park

In the last 12 months, 3 three-bedroom multi families similar to 2821 Randolph St, have been sold.

This represents a 200% decrease in three-bedroom multi families sales when compared to the previous 12 months.

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