6822 Marbrisa Avenue, Huntington Park, CA 90255

About this property

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.

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$1,700,000

Sold July 2023 · listed $2,100,000, on market August 2022 · MLS #22193674 · Source: CRMLS

Listing Agent: Oscar Diaz · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Oscar Diaz · Marcus & Millichap

Explore Huntington Park