Company Logo
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Becky Campos
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(831) 444-8500
Mobile Phone:
(831) 818-7607
rcampos969@aol.com

DRE# #00575464
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SOLD
$1,380,000
Date 10/10/2023

6703 Miles Avenue
Huntington Park, CA 90255

Other
Residence
10
Beds
10
Baths
4,112
Sqft
0.253
Lot Size
Listing Agent: Elliot Hassan CalDRE: 01481211 - NorthMarq Realty Services, Inc.
We are pleased to present the opportunity to acquire 6703-07 Miles Avenue, a 10-unit value-add opportunity in Huntington Park. The property is situated on two parcels spanning approximately ~11,021 square feet and is comprised of two one-story bungalow style buildings that totaling ~4,112 gross square feet. Combined, these two buildings consist of (10) 1 Bedroom + 1 Bathroom units with a carport parking structure at the rear of the property. Over the years, 6703-07 Miles has remained largely untouched presenting a subsequent buyer to achieve significant upside though curing deferred maintenance and renovating unit interior and exteriors to the modern taste of the a 90255 Zip Code Renter. Given that the area is predominately made up of single-family residences, there is a growing demand for renovated affordable housing in Huntington Park. Beyond the 6703-07 Miles physical plant, the Huntington Park submarket is experiencing a rapid revitalization. With its current untouched state and substantial potential for increased rental income, 6703-07 Miles Avenue stands as an attractive investment opportunity in an area poised for growth.
23310565
Other, 1 Story
10
Los Angeles
10
1923
0.253 Acres
1
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Listing Agent: Elliot Hassan CalDRE: 01481211 - NorthMarq Realty Services, Inc.
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