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    2308 Walter St

    Huntington Park, CA 90255
    • $1,695,000
    • STATUS: Active
    • ON SITE: 71 days
    • ID#: 21-699320
    UPDATED: 68 min ago
    $1,695,000
    • 10
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,024
      SQFT
    • $337
      $/SQFT

    School Ratings & Info

    Description

    Walter Street Villas are a perfect value add investment located in the emerging area of Walnut Park, an unincorporated pocket adjacent to Huntington Park. The property is comprised of a total of 9 units, mostly (one bedroom) single story 'casitas' and one two bedroom unit over garages in the rear. The property has undergone some modern upgrades such as kitchen and bathroom remodels, newer windows, plumbing and electrical updates. However, this property offers a blank canvas for a new buyer to implement a creative management strategy in this emerging market. Longer term tenants all current in their rent. All units are separately metered for gas and electricity.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-12T19:42:50.287. 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.brandiprattrealestate.com/homes/114633606
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    2308 Walter St Huntington Park, CA 90255

    • Price: $1,695,000
    • Status: Active
    • Updated: 68 min ago
    • ID#: 21-699320
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    5,024
    SQFT
    $337
    $/SQFT
    1930
    Built
    Neighborhood:
    Walnut Pk, Hunt Pk, Bell N Of Florence, And Cudahy
    County:
    Los Angeles
    Area:
    Walnut Pk, Hunt Pk, Bell N Of Florence, And Cudahy
    Property Description
    Walter Street Villas are a perfect value add investment located in the emerging area of Walnut Park, an unincorporated pocket adjacent to Huntington Park. The property is comprised of a total of 9 units, mostly (one bedroom) single story 'casitas' and one two bedroom unit over garages in the rear. The property has undergone some modern upgrades such as kitchen and bathroom remodels, newer windows, plumbing and electrical updates. However, this property offers a blank canvas for a new buyer to implement a creative management strategy in this emerging market. Longer term tenants all current in their rent. All units are separately metered for gas and electricity.
    Exterior Features

    Lot Size Area 12854 Other Structures None Parking Garage Garage Total Parking 9

    Interior Features

    Baths Total 9.00 Cooling Other Equipment None Heating Wall

    Property Features

    Assessed Total Value 826200 Gross Income 121500 Gross Operating Income 120285 Like Units1 1 Like Units2 8 Net Operating Income 74067.00 Number Of Buildings 9 Number Of Units 9 Sale Type Standard Source Living Area Title Company Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 46218 Type Of Units Aparment Year Built Source Vendor Enhanced Zoning Lcc3*

    Listing provided courtesy of Enrique Viramontes DRE#01372010 of Remax Commercial And Investment Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-12T19:42:50.287. 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.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583