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2966 Clarendon Avenue

Huntington Park, CA 90255

– beds
– baths
– sqft
15,868 sqft lot
1964 build
– on site

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Las Lomas Apartments is exceptionally well located in the heart of Los Angeles between the 110, 710, 5, and 10 freeways, only 15 minutes from downtown LA. Due to the property's close proximity to major employment hubs of Southern California, the apartments have enjoyed historically low tenant turnover and have had no spells of vacancy even during COVID shut downs. In addition, the property commands the highest rents in its submarket. Las Lomas is close to grocery stores, the Civic Center, schools, major freeways, and high quality jobs. This sort of convenience is usually associated with the hustle and bustle of the city, however to the contrary, Clarendon Ave. is a quiet street in a residential neighborhood consisting of primarily single family homes. The management has built a community of quiet, respectful and responsible residents. The current management has invested over $250,000 into improvements, and fully renovated most of the units and areas of the property. An additional $80,000 was spent converting a large portion of the property's plumbing from galvanized piping to copper and abs. Furthermore, management has spent $7,000 rewiring the electrical. On-Site Manager of 25 years! On-Site Maintenance Person who has done all the construction and maintenance for the last 6 years! This is a perfect opportunity to acquire a well-maintained asset that can continue to develop its upside and place in its market as a premier housing accommodation for years to come!

Listed By CRMLS_CA / Kevin Mitchell / TLC Real Estate Group

Last checked: Checking… • Last updated Apr 7, 2024 •

MLS# ND21068416 —

The Building

Year Built:

1964
Year Built Source:

Public Records
New Construction:

No
Construction Materials:

Concrete, Drywall Walls, Frame, Stucco, Wood Siding
Roof:

Composition
Entry Level:

1
Foundation:

Raised, Slab
Accessibility Features:

2+ Access Exits, Doors - Swing In, Parking
Common Walls:

2+ Common Walls
Faces:

North
Building Area Total:

10891.00
Building Area Units:

Square Feet
# of Buildings:

3
Total Number Of Units:

18
Stories Total:

2
# of Separate Gas Meters:

7
# of Separate Water Meters:

1
# of Separate Electric Meters:

7

Interior

Levels:

Two
Entry Location:

1
Flooring:

Carpet, Tile, Vinyl, Wood
Laundry:

Common Area, Gas Dryer Hookup, Washer Hookup
Laundry:

1

Location

Directions:

Traveling westbound on Gage, Turn right onto Marconi St., Turn left onto Clarendon Ave., it is the third property on the left.
Latitude:

33.98320100
Longitude:

-118.21599100

The Property

Subtype:

Apartment
Lot Features:

16-20 Units/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Manual, Value In Land, Yard
Lot Size Area:

15868.0000
Lot Size Acres:

0.3643
Lot Size SqFt:

15868.00
Fencing:

Block, Chain Link, Security, Stucco Wall, Wood, Wrought Iron
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s), Gated Community, Resident Manager, Security Lights, Smoke Detector(s)
Road Surface Type:

Alley Paved, Paved
Property Attached:

1
Additional Parcels:

No
Other Structures:

Shed(s)
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

5
Tax Area:

13483
Tax Year:

2021
Tax Tract:

331.05
Tax Lot:

3, 4
Tax Rate:

1.37

The Listing

Buyer's Brokerage Compensation:

2.000%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2
Parcel Number:

6319004003

Heating & Cooling

Heating:

1
Heating:

Wall Furnace, Natural Gas
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

220 Volts in Laundry, Electricity - On Property
Green Energy Efficient:

Appliances, Lighting, Water Heater
Water Source:

Public

Appliances

Appliances:

Built-In Range, Self Cleaning Oven, Disposal, Gas Oven, Gas Cooktop, Vented Exhaust Fan, Water Heater Central
Included:

Yes

The Community

Senior Community:

No
Features:

Suburban
Pool:

Community, Fenced, Filtered, Gunite, In Ground, Tile
Private Pool:

No
Association:

No
Assessments:

Special Assessments, Buyer to Verify

Parking

Parking:

Assigned, Attached Carport, Detached Carport, Concrete, Garage Faces Front, Garage Faces Rear, Garage - Single Door, Garage - Three Door, Garage - Two Door, Gated, On Site, Street
Parking Spaces:

23.00
Garage Spaces:

5.00
Carport Spaces:

18.00

Extra Units

Average 1 Bed Area:

600
Average 2 Bed Area:

775
Average 3 Bed Area:

1816
Average Studio Area:

475
Number With Disposal:

18

Explore the Area

My Commute

From

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Provided by WalkScore® Inc.

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Transit Score®

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Soundscore™

Provided by HowLoud

Max Internet Speed

AT&T Fiber

Provided by BroadbandNow®

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Sale history

Date	Event	Source	Price	% Change
2/23/23 Feb 23, 2023	Listed / Active	CRMLS_CA
5/28/21 May 28, 2021	Sold	CRMLS_CA	$3,200,000	-8.5%
5/5/21 May 5, 2021	Pending	CRMLS_CA	$3,499,000

Multifamily Sold on 5/28/2021

$3,200,000

Listing provided by broker:

Kevin Mitchell

TLC Real Estate Group

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Listing Courtesy of: CRMLS_CA and TLC Real Estate Group. Based on information from California Regional Multiple Listing Service, Inc. as of 17:21 on Apr 26.

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.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

2966 Clarendon Avenue

Huntington Park, CA 90255