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$2,000,000   Price Analysis
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6532 Malabar St
Huntington Park, CA 90255
18 bed 14 bath 7,132 SqFt ($280/SqFt)
7,493SqFt lot. Built 1964
Listed 2024-05-31, Taxes $10,658
Ⓧ USDA Ineligible
due to price & location

near Huntington Park

Proudly presenting the sale

* Sale Pending *

For the first time in over 40 years, of The Malabar, a 7 unit multifamily investment property in Huntington Park. The building is comprised of a unique unit mix of 4 (3+2)s and 3 (2+1.5)s, all of which are exceptionally large (building size of 7, 132 SF) and unlike the available housing options in the area. The building is separately metered for gas a nd electricity, well parked with 10 covered spaces and secured with gated entry in the front and rear of the property.

With a Walk Score of 94, the building is located in the one of the best pockets in the city. Its prime location two blocks from the main shopping corridor of Pacific Blvd and across from Middleton Elementary School, have contributed to the historical high occupancy level of this asset. Huntington Park is subject to CA Statewide AB 1482 no strict city level rent control restrictions.


Presented by Enrique Viramontes at
RE MAX Commercial & Investment Realty.


Property MLS #24-398553 from TheMLSCLAW

Bedrooms: 18

Total Bathrooms: 14
Full Bathrooms: 14

Cooling Features: Window Unit(s)
Heating Features: Wall

Covered Spaces: 7
Garage Description: Assigned, Covered Parking
Parking Total: 7

Lot Size Acres: 0.1720156
Lot Size Dimensions: 50x150
Lot Size Square Feet: 7493

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 7
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 13000, 2 BedsTotal: 2, 2 BathsTotal: 1.5, 2 SquareFeet: 8250

Source Listing Status: Pending
County: Los Angeles
Cap Rate: 4.53
Directions: Located on Malabar St, between Zoe Ave and E Gage Ave
Source Property Type: Residential Income
Area: Vernon, Maywood, Hunt Pk & Bell, N of Florence, W
Source Neighborhood: Vernon, Maywood, Hunt Pk & Bell, N of Florence, W of 710
Parcel Number: 6322-002-014
Postal Code Plus 4: 4026
Zoning: HPR4YY
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$487,598 + $100,857
$588,455
$10,658
2021$478,038 + $98,880
$576,918
$10,478
2020$473,137 + $97,867
$571,004
$10,503
2019$463,860 + $95,949
$559,809
$10,154
2018$454,765 + $94,068
$548,833
$9,899
2017$445,849 + $92,224
$538,073
$9,655
2016$437,107 + $90,416
$527,523
$9,356
2015$430,542 + $89,058
$519,600
$9,204
2014$422,109 + $87,314
$509,423
$9,191
2013$420,202 + $86,920
$507,122
$9,129
2012$411,963 + $85,216
$497,179
$9,135
2010$403,886 + $83,546
$487,432
$8,790
2009$401,821 + $83,119
$484,940
$8,465
2009$400,868 + $82,922
$483,790
$8,465
2008$393,943 + $81,490
$475,433
$8,126
2007$386,219 + $79,893
$466,112
$7,825

Listed 2024-05-31
$2,000,000
TheMLSCLAW
Sold 1984-05-18
$288,000
Public Record

Net Operating Income: 90599

Total Square Feet Living: 7132
Year Built: 1964
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 60
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Middleton Street Elementary School is a public elementary school located approximately 0 miles away.
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Henry T. Gage Middle School is a public middle school located approximately 0.6 miles away.
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California Interamerican High School is a private high school located approximately 0.1 miles away.
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Linda Esperanza Marquez High C School Of Social Justice is a public high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.