6363 Cedar Street
6363 Cedar Street
$1,950,000
14
7
6,912
6,912
$282
Pending
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...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.
- Listed by Darin Spillman • DRE #01366902 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.
Property Details for 6363 Cedar Street
Zoning
HPR3YY
Parcel Number6319007019
Total Units7.0
Living Area6912
Source Living AreaAssessor
AreaVernon, Maywood, Hunt Pk & Bell, N of Florence, W of 710
Vacancy Rate0
Lot Size Area7172
Location
LISTING UPDATED: 04/18/2024 12:34 PM
Property Details for 6363 Cedar Street
Status | Pending |
---|---|
MLS # | 24-362771 |
Days on Market | 51 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1963 |
Lot Size | 0.16 AC / 7,172 SF |
County | Los Angeles County |
Location
Building Information for 6363 Cedar Street
Stories2Residences-Year Built1963Building Size-Lot Size0.16 AC / 7,172 SF
Payment Calculator
$13,049 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 6363 Cedar Street
Property History for 6363 Cedar Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6363 Cedar Street
Taxable ValueLand$562,904Additions$1,314,025Total$1,876,929
Tax Record2023$28,881 ($2,407 / month)
Home Facts
Total Finished SqFt6,912 SqFtAbove Grade Finished SqFt6,912 SqFtLot Size7,172 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningHPR3YYCountyLOS ANGELESAPN6319-007-019
Schools near 6363 Cedar Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
San Antonio Elementary School PublicK to 5 | ||
Henry T. Gage Middle School Public6 to 8 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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