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 tapestry of rich cultural heritage and community spirit, making it an ideal place to call home.

Vernon, known for its industrial roots, is a small yet thriving city that boasts a unique blend of business and residential life. Its proximity to major transportation routes makes it a hub for commerce while offering residents easy access to the bustling energy of downtown Los Angeles. The city is committed to sustainability, with parks and green spaces that provide a breath of fresh air amidst the urban landscape.

Just to the east lies Maywood, a charming community filled with a diverse population and a strong sense of belonging. Here, you’ll find an array of local restaurants and shops that reflect the cultural mosaic of the area, making it a delightful place for food lovers and families alike. The Maywood Riverfront Park provides a serene escape, perfect for picnics or leisurely strolls.

Hunt Park, with its tree-lined streets and friendly atmosphere, is ideal for families. The neighborhood features several parks and recreational facilities, promoting an active lifestyle. Schools in the area are known for their dedication to education, making it a great choice for families looking to settle down.

Lastly, Bell offers a mix of residential charm and urban convenience, with easy access to public transportation and local amenities. The community is known for its vibrant events and festivals, fostering a sense of unity among residents.

In this corner of Los Angeles County, you’ll find a welcoming atmosphere and a place where community thrives. Whether you’re looking for your first home or a new investment opportunity, Vernon, Maywood, Hunt Park, and Bell are ready to welcome you with open arms!

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.