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6729 Middleton Street

Huntington Park CA 90255

3
3
17038 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Cash Flow -󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃢󠂀󠂋󠃢󠂁󠂤󠃳󠂠󠂁󠂁 7.65% Actual CAP Rate, with a projected 8.0%+/- Year 1 CAP Rate.! This investment offers an exceptional combination of strong in-place cash flow and future upside. Priced at just $196,333 per unit, the property presents an attractive basis, while also being located within an Opportunity Zone offering potential capital gains tax advantages. The asset consists of two separate parcels and is ideal opportunity for a 1031 exchange buyer. Additional features include ample parking consisting of six garages, six open parking spaces, a 2-car tandem driveway. Because this is a 15-unit complex, there also is no requirement for an on-site manager! Cash Flow - 7.65% Actual CAP Rate, with a projected 8.0%+/- Year 1 CAP Rate.! This investment offers an exceptional combination of strong in-place cash flow and future upside. Priced at just $196,333 per unit, the property presents an attractive basis, while also being located within an Opportunity Zone offering potential capital gains tax advantages. The asset consists of two separate parcels and is ideal opportunity for a 1031 exchange buyer. Additional features include ample parking consisting of six garages, six open parking spaces, a 2-car tandem driveway. Because this is a 15-unit complex, there also is no requirement for an on-site manager!

Features

3 bedrooms
3 bathrooms
17038 sq. ft. lot size
Multi-Family

Property history for 6729 Middleton Street

2021
Sold
$2,795,000
22 Feb 2021 by Enrique Viramontes, of Remax Commercial and Investment Realty

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 6729 Middleton Street, 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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