$4,100,000

6815 Seville Avenue, Huntington Park, CA 90255

  • 16 beds |
  • 16 baths |
  • 6,424 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon5,929sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $638/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Price Reduction! 100% Fully Renovated 16-unit building cash flowing at an amazing 7.5% Cap Rate and 9.8 GRM from day 1! The offering provides investors with a turnkey opportunity to purchase a premium asset where every single unit was vacated, completely renovated and leased at market rent. It features an attractive and easy to rent unit mix of (16) well-designed One-Bedroom | One-Bathroom units (2 vacant). The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. The property has seen a complete restoration, down to every inch. Overall systems were updated with new copper plumbing in units, new electrical sub-panels in units, new HVAC systems, new water heaters, and brand-new windows in each unit. The units have undergone gut-level updating with new wood flooring, updated lighting fixtures, and brand-new kitchen and bathrooms. In the kitchen, there are new cabinets and modern countertops. The bathrooms boast new vanities and modern fixtures along with sleek bathtubs. The location is in the heavily sought-after Huntington Park and is poised to capitalize on the tremendous momentum in the immediate area and neighboring Downtown. Given the property's location and strong income metrics, it is an ideal investment for investors seeking immediate returns along with long-term wealth preservation and appreciation.

Listing Status:
Pending
Date Added:
June 11, 2025 at 05:00AM
Listing Office:
Global Platinum Properties, Inc. : 424-394-1030
Listing Agent:
Armin Soleimani : 310-666-2246
MLS ID:
25550965
  • Heating: Wall Furnace
  • Style: Traditional
  • Parking: On StreetParking spaces: 0
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: HPCPYY6322016009
  • Source: CRMLS_CL

This listing courtesy of Armin Soleimani, Global Platinum Properties, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Miles Avenue Elementary

6720 Miles Ave, Huntington Park, CA, 90255

Grades KG-5

0.24 miles away

H

Henry T. Gage Middle School

2880 E Gage Ave, Huntington Park, CA, 90255

Grades 6-8

0.39 miles away

H

Huntington Park High School

6020 Miles Ave, Huntington Park, CA, 90255

Grades 9-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.