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6126 King Ave Unit A, Maywood
$1,950,000
15 Beds ⋅ 8 Baths ⋅ ACTIVE UNDER CONTRACT Status
6126 King Avenue is a 7-unit apartment building in the City of Maywood. Built in 1964, the property has approximately 6,288 square feet of building area on a 9,354 square foot lot. The unit mix is one 3-bedroom / 2-bath unit with den and six 2-bedroom / 1-bath units, a family-sized configuration that leases well in this submarket. The 3-bedroom unit is well suited to an owner-user. The units are individually metered for gas and electricity, which tenants pay; the owner pays water and trash. The property also has an on-site laundry room, 7 detached carports (no tuck-under parking) and ample on-street parking. The property is subject to the Maywood Rent Stabilization Ordinance; buyers should independently verify its terms. Please do not contact the tenants or disturb the property. Contact the listing agent for additional information.

6126 King Ave Unit A, Maywood

Courtesy of Remax Commercial and Investment Realty, Juan Cardenas - CA DRE#01233927

3700 E 61st St, Huntington Park
$4,488,888
32 Beds ⋅ 16 Baths ⋅ ACTIVE Status
We are pleased to present 3700-3718 E. 61st Street, a 15+1 NC unit multifamily investment opportunity in Huntington Park, situated on an expansive 22,730SF corner lot at E. 61st Street and Loma Vista Avenue. The property offers a unique and diversified structural composition rarely found in a single offering, comprised of a front corner duplex and rear duplex at 3700 E. 61st Street, along with three separate 4-unit, two-story structures at 3710, 3714, and 3718 E. 61st Street, providing a new owner with a varied unit mix spread across five distinct structures. Significant value-add potential exists through the conversion of the property's existing exterior carport structures into ADUs, an opportunity supported by the large double-lot configuration and ample on-site parking (buyer to verify feasibility). Each of the three 4-unit buildings features its own dedicated onsite laundry room with a washer, dryer, and dedicated water heater, providing tenant convenience and an additional income stream with upside potential through owner-operated machines. The property offers approximately 16 total parking spaces, including 12 carport spaces serving the three 4-unit buildings and 3 additional carport spaces plus a single-car garage at the 3700 parcel, along with 12 private storage units located above the carports, a rare amenity in the submarket. Offered at $4,488,888 ($299,259/unit), the offering reflects a 7.44% current cap rate and 9.36 GRM on in-place income, with approximately 7% rental upside to market driving a 7.88% proforma cap rate and 8.74 GRM. All five structures are separately metered for gas and electricity, simplifying ownership and reducing owner-paid utility expense exposure. Located in Huntington Park, a dense, high-demand rental submarket in southeast Los Angeles County characterized by limited owner-occupant turnover and consistent multifamily tenant demand.

3700 E 61st St, Huntington Park

Courtesy of Marcus & Millichap, Neema Ahadian - CA DRE#01346750

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).

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