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$3,240,000
1004 Days Online

6325 Marconi Street
Huntington Park, CA 90255

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Roderick 'Rick' Raymundo of Marcus & Millichap

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Call Now: (866) 538-6057
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(866) 538-6057
6325 Marconi Street6325 Marconi Street6325 Marconi Street6325 Marconi Street
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We are pleased to announce the sale of 6325 Marconi Street, an 18-unit non-rent controlled multifamily property in Huntington Park, CA, a dense rental market in Southeast Los Angeles. This offering presents a rare opportunity to purchase a non-rent controlled property with rents that are still far below market levels. Due in part to recent rent growth in the Huntington Park area, where rents have increased by 7.0% year-over-year, the current rents sit approximately 29% below those of similar units in the area.Insulated from crowded traffic corridors, the building sits among single family homes and smaller multifamily properties, yet its location still allows tenants convenient access to the Pacific Boulevard Shopping District. The ample on-site covered parking allows space for 20 vehicles, while an on-site laundry room provides an additional income stream for the owner.

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Listing Snapshot
Price 
$3,240,000
Days Online 
1004 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,881 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3476 Acres
Year Built 
1964
MLS Number 
19502654
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
3 years agoListing first seen online
General Features
Parking 
GarageGated
Parking Spaces 
20
Number of Stories 
3
Acreage 
0.3476
Zoning 
HPR3*
Listing Conditions 
Standard
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Community Features
Association Dues 
0
Senior Community 
No
MLS Area 
T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
Crmls Logo Real Estate For Sale

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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