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6363 Cedar St, Huntington Park, CA 90255
$1,880,000
6363 Cedar St, Huntington Park, CA 90255View this property at 6363 Cedar St, Huntington Park, CA 90255
6363 Cedar StHuntington ParkCA90255
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Property Description
7-unit apartment building located in a quiet residential neighborhood of Huntington Park, CA. Seller may consider carrying financing for a qualified buyer. Terms and rate to be determined. Consisting entirely of spacious 2-bedroom 1 bath (& 1.5 bath) units averaging 987 square feet each, this well-maintained property presents a clear value-add opportunity, with at least 20% rental upside and without the constraints of city rent control. The property is only subject to AB1482 (allowing for 8.8% rent increases annually). The building is separately metered for gas, electricity, and hot water. There are 8 garage parking spaces, providing 1 space per unit and two for the "master" unit. The master unit and unit A are both 2-story townhouses. Some of the building's renovations include a new roof in 2019, new 100 gallon water heater (and circulating pump) in 2019, and plumbing re-piping in 1999. Located about a half mile from Pacific Boulevard, the city's primary shopping mecca, 6363 Cedar Street offers a variety of retail, dining, and schools within minutes.
Full Property Details
Full Property Details for 6363 Cedar St
General
- Sold For: $1,880,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 24-362771
- Added to Site: 102 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 7
Bedrooms
- Total Bedrooms: 14
Other Rooms
- Laundry: Room
Additional Information
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 8
- Covered Spaces: 8
- Garage Description: Garage Is Attached
Location
- Area: Vernon, Maywood, Hunt Pk & Bell, N of Florence, W of 710
- County: Los Angeles
- Driving Directions: Please utilize google maps or equivalent to locate property, which is located north of Florence Ave. and east of Seville Ave.
Heating & Cooling
- Cooling Type: Wall/Window
- Heating Type: Natural Gas
Structural Information
- # Buildings: 1
- Exterior Const.: Frame
- Stories/Levels: 2
- Square Feet: 6,912
- Sq. Ft. Source: Assessor
- Year Built: 1963
- Year Built Source: Assessor
Unit Information
- Units in Complex: 7
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1.5
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1646
- Lot Size: 7172
- Lot Size Source: Assessor
- Lot Features: Alley Access
- Zoning: HPR3YY
- Lot Description: 5 + Lots
Financial Considerations
- Price Per Sq. Ft.: $282.12
- Assessment Year: 1963
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Disclosures/Reports: None
- APN: 6319-007-019
Listed and Sold by Kidder Mathews of California, Inc., Darin Spillman
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Schools
Schools serving 6363 Cedar St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
6222 State St, Huntington Pk, CA 90255 | K-5 | 0.2 mi | |
2880 E Gage Ave, Huntington Pk, CA 90255 | 6-8 | 0.2 mi | |
6020 Miles Ave, Huntington Pk, CA 90255 | 9-12 | 0.4 mi | |
6361 Cottage St, Huntington Pk, CA 90255 | 9-12 | 1.2 mi | |
6361 Cottage St, Huntington Pk, CA 90255 | 9-12 | 1.2 mi | |
6361 Cottage St, Huntington Pk, CA 90255 | 9-12 | 1.2 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 6363 Cedar St
Date
Details
Price
Change
Source
4/30/2024
Sold
$1,880,000
-3.59%
MLS
2/26/2024
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6363 Cedar St, Huntington Park, CA 90255 (MLS# 24-362771) is a Multi-Family property that was sold at $1,880,000 on April 30, 2024. Want to learn more about 6363 Cedar St? 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.