Skip To Content

    6512 Templeton St

    Huntington Park, CA 90255
    • $1,250,000
    • STATUS: Active
    • ON SITE: 49 days
    • MLS #: 21-726870
    UPDATED: 52 min ago
    $1,250,000
    • 5
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,358
      SQFT
    • $372
      $/SQFT

    School Ratings & Info

    Description

    We are pleased to present 6512 Templeton Street - a six (6) unit multifamily investment opportunity located within a fantastic rental pocket in Huntington Park, CA and built in 1939. The two-story property consists of five (5) One Bedroom / One Bath units and one (1) Studio unit that are 100% occupied. The property is not subject to Los Angeles city rent control; however,it is subject to California Assembly Bill 1482(Buyer to Verify). The building has been well-maintained and was just outfitted with brand new windows and the entire exterior of the property was just painted. The property is also close to the Commercial Commuter Rail as well as the Union Station Commuter Rail and is just west of the Huntington Park Police Department, Huntington Park City Hall, and Gage Middle School. Situated on a 5,925 SF lot with 3,358 SF of building space, the secured entry building offers a courtyard style feel of living. The offering is priced at 13.72 GRM and a 4.66% CAP with strong rental upside. 6512 Templeton Street is separately metered for gas and electricity and will surely benefit the investor with stable returns, providing a strong future CAP rate and extremely low annual expenses. With historically high rental demand in the Huntington Park Multi-Family market an investor can benefit from receiving strong rental income from a well-maintained property.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-22T12:42:54.713. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.searchdesertrealestate.com/homes/116724665
    Print Image

    6512 Templeton St Huntington Park, CA 90255

    • Price: $1,250,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 21-726870
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,358
    SQFT
    $372
    $/SQFT
    1939
    Built
    Neighborhood:
    Vernon, Maywood, Hunt Pk &Amp; Bell, N Of Florence, W Of 710
    County:
    Los Angeles
    Area:
    Vernon, Maywood, Hunt Pk &Amp; Bell, N Of Florence, W Of 710
    Property Description
    We are pleased to present 6512 Templeton Street - a six (6) unit multifamily investment opportunity located within a fantastic rental pocket in Huntington Park, CA and built in 1939. The two-story property consists of five (5) One Bedroom / One Bath units and one (1) Studio unit that are 100% occupied. The property is not subject to Los Angeles city rent control; however,it is subject to California Assembly Bill 1482(Buyer to Verify). The building has been well-maintained and was just outfitted with brand new windows and the entire exterior of the property was just painted. The property is also close to the Commercial Commuter Rail as well as the Union Station Commuter Rail and is just west of the Huntington Park Police Department, Huntington Park City Hall, and Gage Middle School. Situated on a 5,925 SF lot with 3,358 SF of building space, the secured entry building offers a courtyard style feel of living. The offering is priced at 13.72 GRM and a 4.66% CAP with strong rental upside. 6512 Templeton Street is separately metered for gas and electricity and will surely benefit the investor with stable returns, providing a strong future CAP rate and extremely low annual expenses. With historically high rental demand in the Huntington Park Multi-Family market an investor can benefit from receiving strong rental income from a well-maintained property.
    Exterior Features

    Lot Size Area 5926 Other Structures None Parking Garage On Street Total Parking 0

    Interior Features

    Baths Total 6.00 Cooling None Equipment Other Heating Wall

    Property Features

    Assessed Total Value 714307 Gross Income 91104 Gross Operating Income 88371 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 5 Net Operating Income 58188.00 Number Of Buildings 2 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 30183 Type Of Units 1+1Studio Year Built Source Assessor Zoning Hpr4yy

    Listing provided courtesy of Derrick Vartanian DRE#01816119 of Keller Williams Silicon Beach.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-22T12:42:54.713. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-726870-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-726870-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-726870-2.jpg
    Logo
    The John Jay Group - Bennion Deville Homes
    74996 Highway 111
    Indian Wells CA, 92210