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2102 Zoe Avenue

Huntington Park, CA 90255
  • $1,549,000
  • STATUS: Active
  • ON SITE: 113 Days
  • ID#: RS21052998
UPDATED: 26 min ago
$1,549,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

BRC Advisors-BH is pleased to present to market 2102 Zoe Avenue, a four-unit apartment building in Huntington Park, California. The building is a 1964 construction with a great unit mix of all 3 Bedrooms + 2 Bathrooms ( Approx 1,058.50 Sqft / Unit ). It's hard to get all units with 3 Bedrooms + 2 Bathrooms in any city. 2102 Zoe Avenue is well-located in Huntington Park, proximate to schools and retail with an amazing WalkScore of 88. The property is 0.4 miles away from Middleton Street Elementary School & a mile away from Henry T. Gage Middle School. Close proximity to the 710, 110, and 105 freeways makes getting around from Huntington Park, also known as 'The City of Perfect Balance', simple. A new owner may also have the ability to convert the Carport into an additional ADU Unit (buyer to confirm with city). Cap Rate- 5.06 %, Market Cap Rate (After adding ADU Unit)- 7.91%, Current GRM-13.59, Market GRM-9.71. Great Opportunity to Acquire an Asset in a Dense Rental Market With a History Of Low Vacancy Rates. The front of the property has been lined up with tall / matured beautiful palm trees and strong pavements. Hurry Up! Don't let this property go to someone else. Please see OM Package in Supplementals.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T20:28:50.48. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/118981151
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2102 Zoe Avenue Huntington Park, CA 90255

  • Price: $1,549,000
  • Status: Active
  • Updated: 26 min ago
  • ID#: RS21052998
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1964
Built
Neighborhood:
T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
County:
Los Angeles
Area:
T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
Property Description
BRC Advisors-BH is pleased to present to market 2102 Zoe Avenue, a four-unit apartment building in Huntington Park, California. The building is a 1964 construction with a great unit mix of all 3 Bedrooms + 2 Bathrooms ( Approx 1,058.50 Sqft / Unit ). It's hard to get all units with 3 Bedrooms + 2 Bathrooms in any city. 2102 Zoe Avenue is well-located in Huntington Park, proximate to schools and retail with an amazing WalkScore of 88. The property is 0.4 miles away from Middleton Street Elementary School & a mile away from Henry T. Gage Middle School. Close proximity to the 710, 110, and 105 freeways makes getting around from Huntington Park, also known as 'The City of Perfect Balance', simple. A new owner may also have the ability to convert the Carport into an additional ADU Unit (buyer to confirm with city). Cap Rate- 5.06 %, Market Cap Rate (After adding ADU Unit)- 7.91%, Current GRM-13.59, Market GRM-9.71. Great Opportunity to Acquire an Asset in a Dense Rental Market With a History Of Low Vacancy Rates. The front of the property has been lined up with tall / matured beautiful palm trees and strong pavements. Hurry Up! Don't let this property go to someone else. Please see OM Package in Supplementals.
Exterior Features

Carport Spaces 4 Carport YN Yes Lot Features 2-5 Units/AcreLevelPaved Number Of Separate Electric Meters 5 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Fireplace Features GasKitchenLiving RoomMaster Bedroom Fireplace YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.06 Common Interest None Community Features ParkSidewalks Current Financing Conventional Electric Expense 310 Exclusions Personal Belongings Of Tenants Fuel Expense 1723 Garage YN No Gross Income 113940 Gross Scheduled Income 113940 Insurance Expense 1248 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventional1031 Exchange Maintenance Expense 2000 Net Operating Income 78302 New Construction YN No New Taxes Expense 20869 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 32220 Other Expense 300 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 20869 Tenant Pays All Utilities Total Actual Rent 9495 Trash Expense 2198 Vacancy Allowance 3418 Vacancy Allowance Rate 3 Water Sewer Expense 2972 Water Source Public Zoning Hpr3yy

Listing provided courtesy of Avinash Narang of Brc Advisors Bh


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T20:28:50.48. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
 
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