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9 Units New Electrical Upgrade 2938 E 60th Pl 9 Unit Apartment Building $2,784,860 CAD ($309,429 CAD/Unit) 5.78% Cap Rate Huntington Park, CA 90255
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity: Over 25% Rental Upside
- Fully upgraded electrical system as of early November 2025
- Situated close to employment centers of Vernon and Downtown L.A.
- Superb unit mix of three 3 bed, 1.5 bath and six 2 bed, 1 bath units
- High-density, high-demand infill rental submarket
EXECUTIVE SUMMARY
Additional price reduction!
We are pleased to offer for sale a 9 unit apartment building in the city of Huntington Park.
The asset consists of three 3 bedroom-1.5 bathroom and six 2 bedroom-1 bathroom units. This offering presents an opportunity for an investor to add value through management and rehabilitation in a high-density, high-demand in-fill rental market.
Situated in a very attractive, quiet pocket of Huntington Park, the building has 9 carport spaces, on-site laundry, and is separately metered for gas and electricity.
The city of Huntington Park is centrally located close to the employment centers of Vernon and Downtown Los Angeles. The property enjoys close proximity to Pacific Boulevard, the city’s main retail corridor and boasts a Walk Score of 94.
Seller is currently upgrading the electrical system and will be complete in early November.
We are pleased to offer for sale a 9 unit apartment building in the city of Huntington Park.
The asset consists of three 3 bedroom-1.5 bathroom and six 2 bedroom-1 bathroom units. This offering presents an opportunity for an investor to add value through management and rehabilitation in a high-density, high-demand in-fill rental market.
Situated in a very attractive, quiet pocket of Huntington Park, the building has 9 carport spaces, on-site laundry, and is separately metered for gas and electricity.
The city of Huntington Park is centrally located close to the employment centers of Vernon and Downtown Los Angeles. The property enjoys close proximity to Pacific Boulevard, the city’s main retail corridor and boasts a Walk Score of 94.
Seller is currently upgrading the electrical system and will be complete in early November.
PROPERTY FACTS
| Price | $2,784,860 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $309,429 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 5.78% | Building Size | 7,650 SF |
| Gross Rent Multiplier | 11.1 | No. Stories | 2 |
| No. Units | 9 | Year Built | 1962 |
| Property Type | Multifamily | Parking Ratio | 1.18/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | HPR3YY - Five Or More Units Or Apartments | ||
| Price | $2,784,860 CAD |
| Price Per Unit | $309,429 CAD |
| Sale Type | Investment |
| Cap Rate | 5.78% |
| Gross Rent Multiplier | 11.1 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 7,650 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | HPR3YY - Five Or More Units Or Apartments |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | - | - |
1 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 6310-022-007 | Improvements Assessment | $961,350 CAD |
| Land Assessment | $670,074 CAD | Total Assessment | $1,631,424 CAD |
PROPERTY TAXES
Parcel Number
6310-022-007
Land Assessment
$670,074 CAD
Improvements Assessment
$961,350 CAD
Total Assessment
$1,631,424 CAD
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9 Units New Electrical Upgrade | 2938 E 60th Pl
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