2538-2540 Hill Street

For Sale

2538-2540 Hill Street, Huntington Park, CA 90255

This Huntington Park property for sale is located at 2538-2540 Hill Street. The current listed sale price for 2538-2540 Hill Street is $988,000. 2538-2540 Hill Street is situated on a lot that is 8,779 acre in size.

Contacts

broker

Justin Nguyen

Centennial Advisers

(714) 213-9228

Property Details

  • 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

Getting around

  • 79/100

    Walk Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Central Inn

    1.88 miles

  • Travelodge Inn & Suites by Wyndham Bell Los Angeles Area

    2.34 miles

  • Diamond Inn

    2.57 miles

  • Rodeway Inn South Gate - Los Angeles South

    2.73 miles

  • Travelodge by Wyndham Lynwood

    2.94 miles

  • Polaris Motel

    3.40 miles

  • El Don Motel

    3.47 miles

  • Quality Inn & Suites Bell Gardens-Los Angeles

    3.55 miles

  • Days Inn & Suites by Wyndham South Gate

    3.70 miles

  • Travel Inn Motel

    3.73 miles

  • Food 4 Less

    0.65 miles

  • El Super

    1.79 miles

  • Lucky

    2.24 miles

  • Superior Grocers

    2.30 miles

  • Northgate Supermarket

    2.34 miles

  • Northgate Market

    2.34 miles

  • Walmart Supercenter

    2.39 miles

  • Smart & Final Extra!

    2.41 miles

  • Marshalls

    2.46 miles

  • Numero Uno Market

    2.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Justin Nguyen

Centennial Advisers

(714) 213-9228