6512 Templeton St

Estimated Monthly Payment: $5,700/mo 6512 Templeton St, Huntington Park, CA 90255 MLS# 21-726870 Residential Income Listing Status: Active
5
3,358 sqft
52
23
0
0

REMARKS:

We are pleased to present 6512 Templeton Street - a six (6) unit multifamily investment opportunity located within a fantastic rental pocket in Huntington Park, CA and built in 1939. The two-story property consists of five (5) One Bedroom / One Bath units and one (1) Studio unit that are 100% occupied. The property is not subject to Los Angeles city rent control; however, it is subject to California Assembly Bill 1482(Buyer to Verify). The building has been well-maintained and was just outfitted with brand new windows and the entire exterior of the property was just painted. The property is also close to the Commercial Commuter Rail as well as the Union Station Commuter Rail and is just west of the Huntington Park Police Department, Huntington Park City Hall, and Gage Middle School. Situated on a 5, 925 SF lot with 3, 358 SF of building space, the secured entry building offers a courtyard style feel of living. The offering is priced at 13.72 GRM and a 4.66% CAP with strong rental upside. 6512 Templeton Street is separately metered for gas and electricity and will surely benefit the investor with stable returns, providing a strong future CAP rate and extremely low annual expenses. With historically high rental demand in the Huntington Park Multi-Family market an investor can benefit from receiving strong rental income from a well-maintained property.

OVERVIEW:

Residential Income
Active
1939
0.14
3358
None
On street
Wall
None

FEATURES:

Other

ROOM INFO:

5

FINANCIAL:

$1,250,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Derrick Vartanian - Keller Williams Silicon Beach

 

01949460 

 

The data relating to real estate for sale on this web site comes in part from the Combined L.A./Westside MLS. Real estate listings held by brokerage firms other than Keller Williams Realty/Marina-LA are marked with the IDX logo.

 

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Combined L.A./Westside MLS. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

 

Lifestyle, neighborhood, and school data ("Supplemental Data") is provided by the operator of this website as a convenience to users. This Supplemental Data is not provided or reviewed by Combined L.A./Westside MLS. The operator of this website updates the Supplemental Data from time to time, but it does not represent, warrant or otherwise promise that the Supplemental Data is current, free from defects, or error-free. All Supplemental Data is provided AS IS with all faults. Users are encouraged to consult their own data sources to confirm the accuracy of all Supplemental Data before using the Supplemental Data as a basis for any decision. Complete list of data sources.

 

Data last updated: 07/30/2021