Skip To Content

6146 Marbrisa Avenue

Huntington Park, CA 90255
  • $880,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: AR22005330
UPDATED: 201 min ago
$880,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,231
    SQFT
  • $394
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1923
County:

School Ratings & Info

School District:
Listing Agent(s): Matthew Guerra of Kw Executive (626-872-2207)


Description

We are pleased to present 6146 Marbrisa Avenue, a four(4) unit single-story multifamily investment property located in the highly desirable and centrally located city of Huntington Park, California. Each of the four units are comprised of one(1) bedroom and one(1) bathroom each with a large dining/family room area that can potentially be converted into an additional bedroom. This is the first time the property has been for sale in over twenty years, and new ownership has the ability to make improvements and substantially increase the revenue and cash-flow of the asset. Residents enjoy privacy with a fully gated lot as well as mature fruit and shade trees throughout the property. A central courtyard area allows for BBQs and time to relax. All tenants are currently on-time and have not had any issues during the pandemic. The parking is accessible in the rear of the property through an alley, and each unit enjoys one(1) open space parking. Each unit is separately metered for electricity and gas. This is an ideally located investment opportunity with being only five miles from Downtown Los Angeles and University of Southern California (USC) while also only eleven miles from Los Angeles International Airport (LAX). While being centrally located to all the benefits of living near L.A. there are no City of Los Angeles rent control restrictions, which are stricter than statewide restrictions. The asset is located near Santa Fe Avenue and Randolph Street in between Pacific Boulevard and Alameda Street. Numerous amenities are nearby including but not limited to: Starbucks, In N Out, Chase, Curacao, Bank of America, JC Penny, Tierra Mia Coffee and more. Huntington Park is near Vernon, Commerce and Downtown Los Angeles which provide many jobs to locals. Investment Highlights: Huge opportunity for making property improvements and increasing rental income! Ability to make each unit 2 bedroom + 1 bathroom Excellent location near Pacific Blvd and Randolph Street No City of Los Angeles Rent Control Restrictions Separately metered units for electricity and gas Long term tenants paying on-time Close to many jobs and in city of Vernon, Commerce and Downtown Los Angeles Only five (5) miles from Downtown Los Angeles Only five (5) miles from University of Southern California (USC) Short distance from everything Los Angeles has to offer including Staples Center, L.A. Live, Arts District, Olvera Street, Chinatown, Dodger Stadium and more.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-23T00:25:04.747. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/124622381
Print Image

6146 Marbrisa Avenue Huntington Park, CA 90255

  • Price: $880,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 201 min ago
  • ID#: AR22005330
4
Beds
4
Baths
0
½ Baths
0.15
Acres
2,231
SQFT
$394
$/SQFT
1923
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
School District:
Los Angeles Unified
Property Description
We are pleased to present 6146 Marbrisa Avenue, a four(4) unit single-story multifamily investment property located in the highly desirable and centrally located city of Huntington Park, California. Each of the four units are comprised of one(1) bedroom and one(1) bathroom each with a large dining/family room area that can potentially be converted into an additional bedroom. This is the first time the property has been for sale in over twenty years, and new ownership has the ability to make improvements and substantially increase the revenue and cash-flow of the asset. Residents enjoy privacy with a fully gated lot as well as mature fruit and shade trees throughout the property. A central courtyard area allows for BBQs and time to relax. All tenants are currently on-time and have not had any issues during the pandemic. The parking is accessible in the rear of the property through an alley, and each unit enjoys one(1) open space parking. Each unit is separately metered for electricity and gas. This is an ideally located investment opportunity with being only five miles from Downtown Los Angeles and University of Southern California (USC) while also only eleven miles from Los Angeles International Airport (LAX). While being centrally located to all the benefits of living near L.A. there are no City of Los Angeles rent control restrictions, which are stricter than statewide restrictions. The asset is located near Santa Fe Avenue and Randolph Street in between Pacific Boulevard and Alameda Street. Numerous amenities are nearby including but not limited to: Starbucks, In N Out, Chase, Curacao, Bank of America, JC Penny, Tierra Mia Coffee and more. Huntington Park is near Vernon, Commerce and Downtown Los Angeles which provide many jobs to locals. Investment Highlights: Huge opportunity for making property improvements and increasing rental income! Ability to make each unit 2 bedroom + 1 bathroom Excellent location near Pacific Blvd and Randolph Street No City of Los Angeles Rent Control Restrictions Separately metered units for electricity and gas Long term tenants paying on-time Close to many jobs and in city of Vernon, Commerce and Downtown Los Angeles Only five (5) miles from Downtown Los Angeles Only five (5) miles from University of Southern California (USC) Short distance from everything Los Angeles has to offer including Staples Center, L.A. Live, Arts District, Olvera Street, Chinatown, Dodger Stadium and more.
Exterior Features

Lot Features 2-5 Units/Acre Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes View None View YN No

Interior Features

Common Walls 2+ Common WallsNo One Above Cooling See Remarks Cooling YN Yes Fireplace Features None Fireplace YN No Interior Features All Bedrooms Down Main Level Bathrooms 4 Main Level Bedrooms 4

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Garage YN No Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 ExchangeFhaFannie MaeFreddie Mac New Construction YN No Property Sub Type Quadruplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Quadruplex Water Source Public Zoning Hpr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-23T00:25:04.747. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367907647-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367907647-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367907647-1.jpg
Logo
Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Matthew Guerra of Kw Executive (626-872-2207)