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2755 E 58th Street, Huntington Park, CA 90255
$1,765,000
2755 E 58th Street, Huntington Park, CA 90255View this property at 2755 E 58th Street, Huntington Park, CA 90255
2755 E 58th StreetHuntington ParkCA90255
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Property Description
We are proud to present the opportunity to purchase 2755 E 58th Street, a 9-unit multifamily complex located in Huntington Park, CA.
2755 E 58th Street is in the Southeast region of Los Angeles County, just minutes from major employment hubs like DTLA and City of Commerce. The property is conveniently centered between several major freeways - 10, 60, 710, 5, 105, and 110 - providing direct access to frequently visited areas in the San Fernando Valley, DTLA, Long Beach, and Orange County. Iconic attractions within a 15-mile radius include Hollywood Walk of Fame, Hollywood Bowl, Dodger Stadium, SOFI Stadium, and more. University of Southern California, East LA Community College, and Cal State Los Angeles University are also a short drive from the property.
Additionally, the property is located just steps from Pacific Blvd - the heaviest retail corridor in Huntington Park. Some popular local retail amenities that can be found there are Walgreens, Harbor Freight Tools, Ross, Starbucks Coffee, and In-N-Out, to name a few.
2755 E 58th Street is a 2-story multifamily complex that offers approximately 5,864 SF of rentable living space and sits on approximately 7,000 SF of land. The property features 4, one-bedroom/one-bathroom units and 5, two-bedroom/one-bathroom units averaging 560 SF and 725 SF, respectively.
There are currently 2, two-car garages and 4, single-car garages that can potentially be converted into additional living space via ADU capabilities (buyer to verify) and an unused laundry facility that can generate future income once put back into service.
Current ownership has owned and self-managed 2755 E 58th Street for nearly three decades. Some recent improvements made to the property include a new mainline that was replaced within the last 12 months and newer sub panels that were replaced within the last 10 years.
Full Property Details
Full Property Details for 2755 E 58th St
General
- Sold For: $1,765,000
- Status: Closed
- Type: Multi-Family
- MLS ID: CV24035408
- Added to Site: 87 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 8
Location
- Area: T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
- County: Los Angeles
- Development Name: T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
- Driving Directions: Merge onto I-10 W, Keep right, follow signs for I-10 W and merge onto I-10 W/I-5 S, Take exit 134A to merge onto S Soto St, Turn right onto E 58th St
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 9
- # Electric Meters: 9
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 5,864
- Year Built: 1930
Unit Information
Unit 1
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 5
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1534
- Lot Size Source: Assessor
- Zoning: HPR3YY
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $300.99
- Price Per Unit: 211111
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by Cb Richard Ellis, ERIC CHEN
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Schools
Schools serving 2755 E 58th St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2660 E 57th St, Huntington Pk, CA 90255 | K-5 | 0.2 mi | |
2880 E Gage Ave, Huntington Pk, CA 90255 | 6-8 | 0.7 mi | |
6020 Miles Ave, Huntington Pk, CA 90255 | 9-12 | 0.3 mi | |
6361 Cottage St, Huntington Pk, CA 90255 | 9-12 | 0.9 mi | |
6361 Cottage St, Huntington Pk, CA 90255 | 9-12 | 0.9 mi | |
6361 Cottage St, Huntington Pk, CA 90255 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2755 E 58th St
Date
Details
Price
Change
Source
4/30/2024
Sold
$1,765,000
-7.11%
MLS
2/20/2024
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2755 E 58th Street, Huntington Park, CA 90255 (MLS# CV24035408) is a Multi-Family property that was sold at $1,765,000 on April 30, 2024. Want to learn more about 2755 E 58th Street? Do you have questions about finding other Multi-Family real estate for sale in Huntington Park? You can browse all Huntington Park real estate or contact a Coldwell Banker agent to request more information.