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We are proud to present 6200 Malabar Street - a 7-unit multifamily property located in the heart of Huntington Park, CA. Huntington Park is located within LA County's Southeast region just 7-miles outside of DTLA, centered between the 710-, 5-, and 110-freeways. The property is located within a 10-mile drive to major employment hubs like City of Vernon, City of Commerce, and DTLA. Locally, tenants enjoy being just steps from Pacific Blvd - Huntington Park's heaviest retail corridor providing access to a variety of retailers, convenience stores, and places to dine. Tenants also enjoy convenient access to big name retailers within a 3-mile drive like Target, Home Depot, Northgate Market, and Several Local Parks and Schools. The property offers 7 single-story, ground-level apartments, consisting of 4, 1-Bedroom and 3, 2-Bedroom units. The property sits on a 7,500+ SF lot and, in addition to housing, offers on-site garage parking and a community laundry room - all income generating attributes that are sparse for tenants in the area. The property currently generates over +/-$155,000 in rental income, with an additional +/-$5,400 of revenue via rentable garages and a shared laundry facility. With a total annual revenue of +/-$161,000, a new investor will benefit from a current 7.03% CAP Rate and 10.08 GRM. A new investor also has the rare opportunity to assume the existing debt of +/-$982,000 at a below market interest rate of 3.45%, which is fixed until mid-2029. The deal boasts an impressive in-place 8.77% Cash-on-Cash return with the assumption of the current debt.
| Last Updated | 5/7/2026 | Year Built | 1923 |
|---|---|---|---|
| Community | T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AREA | T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc |
|---|---|
| GARAGE | Yes |
| LOT | 7505 sq ft |
| LOT DIMENSIONS | 7507 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
Location
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