Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Homes with Multi Level Stories

Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Homes with Multi Level Stories

Welcome to the vibrant neighborhoods of Vernon, Maywood, Hunt Park, and Bell, located just north of Florence in the heart of Los Angeles County, California. This dynamic area is a hidden gem, offering a rich tapestry of culture, community, and convenience that makes it an ideal place to call home.

Vernon, known for its industrial roots, is surrounded by a mix of residential and commercial properties, providing a unique blend of urban living. Maywood and Hunt Park bring a charming small-town feel with their tree-lined streets and family-friendly parks, perfect for afternoon strolls or weekend picnics. Bell, with its diverse community, is filled with local shops and eateries that reflect the area's rich cultural heritage.

One of the standout features of homes in this region is their multi-level stories. These homes often boast spacious layouts, providing ample room for families to grow and thrive. Whether you're looking for a cozy retreat or a bustling family hub, the multi-level homes here offer versatility and style. Imagine hosting gatherings in your expansive living room or retreating to your private upper-level sanctuary after a long day.

With easy access to major highways and public transportation, commuting to downtown Los Angeles or nearby cities is a breeze. Local schools, parks, and recreational facilities cater to families, while a plethora of dining and shopping options ensure that there's always something to explore.

Discover the charm and community spirit of Vernon, Maywood, Hunt Park, and Bell, where your dream multi-level home awaits!

Newest Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Homes with Multi Level Stories

$5,300,000
19 Beds 26 Baths 24359147 MLS Active Status
We are pleased to present for sale, The Clarendon, a twenty-two-unit apartment building in the Huntington Park submarket of Los Angeles. Located on a quiet residential street comprised of mostly single-family homes, the property is a charming, center-courtyard, walk-up. Built in 1964, The Clarendon features a unit mix of twelve studios, two 1-bedroom/1-bath, three 2-bedroom/1-bath, and a four-bedroom/2-bath house. Recently completed in 2022 was the addition of four additional units comprised of one 2-bedroom/1-bath, one 2-bedroom/2-bath, and two 3-bedroom/2-bath. The additional units are master metered for both gas and electric. Why buy in Huntington Park? Unlike the City of Los Angeles, Huntington Park currently allows for rent increases of 5% + CPI, which is equivalent to 10%. The City of Los Angeles has not allowed rent increases since 2019 and increases on rent-controlled buildings are generally capped at no more than 4%. By allowing higher rent increases Huntington Park gives landlords great flexibility in achieving rents that are closer to market, which is especially beneficial during high inflationary periods. Another benefit is the utility costs are considerably lower in comparison to the City of Los Angeles. New ownership can continue to improve the asset by renovating units as they become vacant, implementing RUBS to recapture utility costs, replacing the leased laundry machines with landlord owned, and continue to give the below market tenants annual rent increases.

2966 Clarendon Avenue, 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.