2918 Randolph, Huntington Park, CA 90255

$1,550,000

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List Price
$1,550,000
Price Change
▼ $100,000 1779168781
Status
ACTIVE
MLS#
DW26089005
Year Built
1925
Lot Size
7,725
Acres
0.18
Lot Location
2-5 Units/Acre
Days on Market
96
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Great opportunity to own an updated 4-unit residential income property in the heart of Huntington Park. This property offers a strong unit mix with one 4 bed/ 3 bath unit, one 3 bed/2 bath unit, and two 2 bed/2 bath units located above the garage area. The property qualifies for FHA financing, making it a great option for an owner-user looking to live in one unit and rent the others, or an investor seeking a solid income-producing asset. The property also features two empty garages with potential to be converted into an ADU, adding even more future rental upside. Additional highlights include separate gas and electric meters, and a generous lot size. Conveniently located across from Huntington Park High School and near parks, shopping, restaurants, Target, Costco, public transportation, and easy access to the 710, 5, 605, and 105 freeways. A great value-add opportunity with strong rental potential in a busy and desirable rental market. Buyer and buyer’s agent to verify all information, permits, zoning, ADU potential, square footage, and financing eligibility.

Additional Information

Pool Description
None
Heat
Ductless
Cooling
Yes
Cooling Description
Ductless
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$115,200
Operating Expense
29662
Garage Spaces
3
Parking Spaces
3

Listing courtesy of Listing Agent: Ixbalanque Garcia (ixgrealtor@gmail.com) from Listing Office: Won Suk Kim Real Estate, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.