2538-2540 Hill Street Listing Details & Market Data

2538-2540 Hill Street, Huntington Park, CA 90255

  • For Sale $988,000
  • Property Type Multi-Family
  • Property Size 3,834 SF
  • Units 5
  • Lot Size 8,779 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1950
  • Date Updated Feb 20, 2024
Multifamily building on a residential street in the Walnut Park neighborhood of Huntington Park.This property is situated near the intersection of Broadway/Pacific in South Huntington Park, close to Walnut Park. It offers a total of 5 one-bedroom units, plus a non-conforming studio and a non-conforming additional room providing a diverse range of rental options to cater to various tenant needs.The property boasts two separate buildings. The front structure is a single-story building, emphasizing accessibility and convenience, while the rear building stands as a two-story edifice, offering versatility in accommodating diverse tenant preferences. This property benefits from its strategic location within a harmonious mix of smaller apartment complexes and single-family residences. This positioning ensures a vibrant and stable rental market. Residents also enjoy the added convenience of on-site laundry facilities discreetly placed at the rear of the building, underscoring our dedication to tenant satisfaction. Notably, this property stands out with one of the largest parcels in the area, translating into a notably spacious and comfortable living environment for tenants. To further enhance its appeal, the property features an inviting patio area situated at the front of the primary building, providing residents with a serene and pleasant outdoor space to enjoy. Furthermore, this property presents significant potential for increased rental income. Strategic investments in fixtures and overall aesthetics provide ample room for substantial growth in rental revenue, ultimately enhancing its long-term profitability. In summary, this property represents an exceptional investment opportunity, offering a harmonious blend of practicality, growth potential, and tenant satisfaction.

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Highlights

  • Majority 1-bedroom units
  • Largest parcel in neighborhood
  • Surrounded by SFR and residential apartments
  • Not subject to LA City rent control
  • 65% upside potential in rental income

Contacts

broker

Justin Nguyen

Centennial Advisers

(714) 213-9228

Location

Getting Around

  • Walk Score ®

    Very Walkable (79)
  • Bike Score ®

    Bikeable (54)
Powered by Walk Score ®
  • City Huntington Park, CA
  • Neighborhood Huntington Park
  • Zip Code 90255
  • Market Los Angeles

Points of Interest

  • Florence

    1.07 miles

  • Firestone

    1.09 miles

  • Slauson

    1.79 miles

  • 103rd Street/Watts Towers

    1.97 miles

  • Vernon

    2.67 miles

  • Willowbrook/Rosa Parks

    2.79 miles

  • Long Beach Boulevard

    3.09 miles

  • Avalon

    3.55 miles

  • Washington

    3.76 miles

  • Harbor Freeway

    4.13 miles

  • Speedway Express

    1.60 miles

  • Chevron

    1.99 miles

  • Shell

    2.26 miles

  • Valero

    2.54 miles

  • Chevron

    2.55 miles

  • Shell

    2.67 miles

  • 76

    2.71 miles

  • Food 4 Less

    2.81 miles

  • 76

    3.23 miles

  • Arco

    3.63 miles

  • Metro Park and Ride

    1.04 miles

  • LADWP Lot

    1.96 miles

  • Metro Park and Ride

    2.06 miles

  • Century Sheriff's Station

    2.71 miles

  • Willowbrook Park And Ride

    2.86 miles

  • Long Beach Blvd Park And Ride

    3.07 miles

  • Long Beach Blvd Park And Ride

    3.09 miles

  • Manchester Park And Ride

    3.13 miles

  • Manchester Park And Ride

    3.20 miles

  • Slauson Park And Ride

    3.39 miles

  • Gloria's Restaurant

    0.06 miles

  • El Sinaloense

    0.23 miles

  • Tacos El Gavilan

    0.55 miles

  • Carl's Jr.

    0.57 miles

  • Carl's Jr.

    0.73 miles

  • Avila’s El Ranchito

    0.81 miles

  • Leonardos De Huntington Park

    1.05 miles

  • Ray's BBQ

    1.35 miles

  • In-N-Out Burger

    1.36 miles

  • La Barca

    1.49 miles

  • Walnut Park Elementary School

    0.14 miles

  • Redeemer Lutheran School

    0.44 miles

  • Liberty Elementary School

    0.51 miles

  • Saint Aloysius School

    0.56 miles

  • South Gate Educational Center (East Los Angeles College)

    0.64 miles

  • Graham Elementary School

    0.81 miles

  • Florence Ave School

    0.82 miles

  • State Street Elementary School

    0.86 miles

  • Saint Matthias School

    0.87 miles

  • Miles Elementary School

    0.87 miles

  • Codela Pre-School

    3.46 miles

  • Ralph M. Parsons Preschool

    4.70 miles

  • Rancho Los Amigos Daycare

    4.89 miles

  • HIC Daycare

    5.14 miles

  • The Learning Box Childcare & Enrichment Center Inc

    5.27 miles

  • Vernon Adult Day Program

    5.76 miles

  • Centro de Ninos

    6.30 miles

  • Gates Early Education Center

    7.35 miles

  • South Bay Universal Development Center

    7.96 miles

  • injoy life

    9.17 miles

Contact Listing Broker

broker

Justin Nguyen

Centennial Advisers

(714) 213-9228