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$1,390,000
Est. payment /mo
4,694 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 4,694 sqft
Price per Sqft $296
MLS Listing ID CL25510095
HOA Y/N No
Year Built 1948
Lot Size 0.278 Acres
Acres 0.28
Property Sub-Type Other
Property Description
PROPERTY IS BEING SOLD WITH ADJACENT 10-UNIT BUILDING, 5960 FISHBURN AVE, 18 UNITS IN TOTAL FOR $2,925,000.... 5952 & 5960 Fishburn Ave is a portfolio of two adjacent 8-unit and 10-unit multifamily properties in Huntington Park, CA. The property is 18 units total across a combined 8,008 SqFt, sitting on a huge 23,430 square foot lot. Built in 1948 and 1938 respectively, these apartment assets offer significant upside on rents along with strong potential to add attached ADUs across the many garages. Under the same ownership for almost 23 years, the properties have been well maintained, and select unit have been upgraded with new laminate flooring, upgraded showers and new countertops. These two properties must be sold together.The 8-unit property, 5952 Fishburn Ave, is comprised of (7) 1-bed / 1-bath units and (1) 2-bed / 1-bath unit, spread across three separate structures. This classic 1940s courtyard style property was recently upgraded with a newly landscaped front yard with low maintenance desertscape and stones. It also features a community laundry room, and there are (6) one-car garages in the back structure. There's also (1) additional covered parking space & (8) additional uncovered spaces, with 15 parking spaces in total. The 2-bedroom unit comes with central heat and A/
Location
State CA
County Los Angeles
Zoning HPR3
Interior
Heating Wall Furnace
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 6313031029
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Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122