Request More Info
Schedule a Showing
Share
Print
|
The Bissell Cottages presents an exceptional opportunity to acquire a three-unit multifamily property with significant rental upside, owner-user appeal, and long-term development potential in Huntington Park. The property consists of three detached, single-story residences totaling approximately 2,383 square feet on an 8,051-square-foot R3-zoned lot. The unit mix includes a three-bedroom, 1.75-bath front house, a two-bedroom, one-bath middle cottage, and a one-bedroom, one-bath rear unit above a four-car garage. Each residence offers a private entrance, providing a distinctive alternative to conventional apartment-style living. The property currently generates approximately $45,600 in annual gross rental income, with a projected market rent schedule of $87,000 annually, representing a potential $41,400 increase through lawful tenant turnover and lease-up at market rates. With all three units currently renting below the market levels identified in the offering memorandum, investors have an opportunity to enhance income over time while capitalizing on the property's detached-cottage configuration. Beyond its immediate value-add potential, the 8,051-square-foot residential lot offers a possible pathway to additional accessory dwelling units, subject to applicable zoning, permitting, and feasibility requirements. The existing four-car garage provides a potential starting point for future conversion, while the front residence offers an attractive owner-user opportunity to occupy a detached three-bedroom home while generating rental income from the two additional units. Strategically positioned on the eastern edge of Huntington Park, the property benefits from proximity to the Vernon and Commerce industrial employment corridor, approximately 45,000 private-sector jobs within one to two miles, and convenient access to Gage Avenue and major regional freeways. With its below-market in-place rents, detached residential layout, four-car garage, and potential to expand from three units to as many as six, The Bissell Cottages offers investors and owner-users a compelling opportunity to pursue income growth and long-term value creation in an established Los Angeles County rental market.
Property Type(s):
Residential Income
| Last Updated | 10/9/2026 | Year Built | 1946 |
|---|---|---|---|
| Community | T5 - WalnutPk, HuntPk, Bell N of Florence, and Cud | Garage Spaces | 4.0 |
| County | Los Angeles |
Price History
| Prior to Oct 9, '26 | $874,000 |
|---|---|
| Oct 9, '26 - Today | $827,000 |
Additional Details
| AREA | T5 - WalnutPk, HuntPk, Bell N of Florence, and Cud |
|---|---|
| GARAGE | Yes |
| LOT | 8050 sq ft |
| LOT DIMENSIONS | 8051 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Justin White
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email