5960 Fishburn AVE, Huntington Park, CA 90255

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$1,535,000

Est. payment - /mo

10 Beds

10 Baths

3,314 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,314 sqft

Price per Sqft $463

MLS Listing ID 25510263

Bedrooms 10

HOA Y/N No

Year Built 1939

Lot Size 0.259 Acres

Property Description

PROPERTY IS BEING SOLD WITH ADJACENT 8-UNIT BUILDING, 5952 FISHBURN AVE, 18 UNITS IN TOTAL FOR $2,925,000... 5952 & 5960 Fishburn Ave, 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/C. 5952 Fishburn is separately metered for gas and electricity. The 10-unit property, 5960 Fishburn Ave, is comprised of (10) Single units across two structures, and it offers a unique layout with no shared walls between the units. Each Single unit also comes with an attached one-car garage. Tenants can also park parallel in front of their garages, with (20) parking spaces in total. While 5960 Fishburn Ave is master metered for all utilities, (6) of the (10) tenants are currently paying monthly utility reimbursements for electricity usage.

Location

State CA

County Los Angeles

Area T6 - Maywood, Bell

Zoning HPR3YY

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Uncovered

Garage Spaces 10.0

Garage Description 10.0

Total Parking Spaces 20

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6313031020

Special Listing Condition Standard

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Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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5960 Fishburn AVE Huntington Park, CA 90255

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

Others

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