6822 Marbrisa Avenue
Huntington Park, CA 90255
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1926 build
- – on site
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We are pleased to present an exciting investment opportunity at 6822 Marbrisa Avenue, a 9-unit multifamily property located in Huntington Park, California. This Southeast Los Angeles submarket serves a large, dense rental pool, and has one of the lowest vacancy rates in the Los Angeles area. The property itself offers nearly 5,424 square feet of living space across a renter-friendly,single-story layout featuring eight one-bedroom/one-bath units and an additional two-bedroom/one-bath unit. Units sit on a 16,980 square foot corner lot, organized into six separate structures: three duplexes and three standalone units. There is also ample onsite enclosed garage parking. Investors will have the opportunity to implement a systematic renovation program focused on revenue generating improvements. They can then reposition the property among market leaders and increase rental income by approximately 39.1% percent. It is also conveniently located close to a developed shopping district with many national retailers and gives tenants easy access to I-710 and I-5 freeways.
Listed By CRMLS_CA / Oscar Diaz / Marcus & Millichap
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Last updated Jul 26, 2023
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MLS# 22193674 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/18/23
Jul 18, 2023
|
Sold | CRMLS_CA | $1,700,000 | -19.0% |
6/21/23
Jun 21, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $2,100,000 | |
8/26/22
Aug 26, 2022
|
Listed / Active | CRMLS_CA | $2,100,000 |