Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Real Estate

Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Real Estate

Welcome to the vibrant neighborhoods of Vernon, Maywood, Hunt Park, and Bell, nestled in the heart of Los Angeles County, California. This dynamic region is a hidden gem that beautifully blends rich history with modern convenience, offering residents a unique lifestyle that is both diverse and welcoming.

Vernon, known for its industrial roots, is a bustling hub that plays a crucial role in the local economy. With its close proximity to major highways and the Los Angeles International Airport, it’s an ideal location for businesses and those who thrive in a fast-paced environment. Yet, it also boasts charming parks and community spaces, perfect for family outings and leisurely strolls.

Just to the east, Maywood presents a close-knit community with a strong sense of identity. This neighborhood is characterized by its vibrant cultural scene, featuring an array of local eateries and shops that reflect the rich tapestry of its residents. The annual events and festivals here foster a spirit of togetherness, making it a wonderful place for families and individuals alike.

Hunt Park is a delightful area that offers a mix of residential and commercial spaces. With its beautiful parks and recreational facilities, it’s a favorite spot for outdoor enthusiasts. The community here prides itself on its friendly atmosphere and active lifestyle, making it a great choice for those seeking a balanced living experience.

Finally, Bell is a charming city with a rich history and a strong community spirit. Known for its affordability and accessibility, Bell is an attractive option for first-time homebuyers and families looking to settle down.

Together, these neighborhoods create a vibrant tapestry of life in Los Angeles County, where convenience meets community, and where every resident can find their place in this thriving region.

Newest Listings in Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1)

$1,625,000
CV26099601 MLS Active Status
We are proud to present 6200 Malabar Street – a 7-unit multifamily property located in the heart of Huntington Park, CA. Huntington Park is located within LA County’s Southeast region just 7-miles outside of DTLA, centered between the 710-, 5-, and 110-freeways. The property is located within a 10-mile drive to major employment hubs like City of Vernon, City of Commerce, and DTLA. Locally, tenants enjoy being just steps from Pacific Blvd – Huntington Park’s heaviest retail corridor providing access to a variety of retailers, convenience stores, and places to dine. Tenants also enjoy convenient access to big name retailers within a 3-mile drive like Target, Home Depot, Northgate Market, and Several Local Parks and Schools. The property offers 7 single-story, ground-level apartments, consisting of 4, 1-Bedroom and 3, 2-Bedroom units. The property sits on a 7,500+ SF lot and, in addition to housing, offers on-site garage parking and a community laundry room – all income generating attributes that are sparse for tenants in the area. The property currently generates over +/-$155,000 in rental income, with an additional +/-$5,400 of revenue via rentable garages and a shared laundry facility. With a total annual revenue of +/-$161,000, a new investor will benefit from a current 7.03% CAP Rate and 10.08 GRM. A new investor also has the rare opportunity to assume the existing debt of +/-$982,000 at a below market interest rate of 3.45%, which is fixed until mid-2029. The deal boasts an impressive in-place 8.77% Cash-on-Cash return with the assumption of the current debt.

6200 Malabar, Huntington Park

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.