3467 Walnut, Huntington Park, CA 90255
- $835,000
- List Price
- $835,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- IV26093684
- Year Built
- 1926
- Lot Size
- 4,997
- Acres
- 0.11
- Lot Location
- Rectangular Lot
- Days on Market
- 83
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
Property Description
Great investment opportunity in Huntington Park! This well-maintained 3-unit property offers flexibility for both investors and owner-occupants. All three units are currently occupied on convenient month-to-month leases, providing immediate rental income with the option to adjust rents or occupancy as desired. The front unit is ideal for an owner-user looking to live on-site while generating income from the rear units, or you can maximize returns by renting out all three units. Located in a desirable area with strong rental demand, this property presents excellent upside potential. Property includes three garages, one of which has been previously converted into a studio without permits. It is not currently habitable but, this space presents a potential opportunity to legalize and convert into a permitted ADU for additional rental income (buyer to verify). Don’t miss your chance to own a versatile multi-unit property with strong income-producing possibilities!
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $58,344
- Operating Expense
- 13523
Listing courtesy of Listing Agent: MICHELLE PALUSH-FLORES (mpalush@highlanderrealtyinc.com) from Listing Office: HIGHLANDER REALTY.
Mortgage Calculator
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.