We are pleased to present for sale, The Clarendon, a twenty-two-unit apartment building in the Huntington Park submarket of Los Angeles. Located on a quiet residential street comprised of mostly single-family homes, the property is a charming, center-courtyard, walk-up. Built in 1964, The Clarendon features a unit mix of twelve studios, two 1-bedroom/1-bath, three 2-bedroom/1-bath, and a four-bedroom/2-bath house. Recently completed in 2022 was the addition of four additional units comprised of one 2-bedroom/1-bath, one 2-bedroom/2-bath, and two 3-bedroom/2-bath. The additional units are master metered for both gas and electric. Why buy in Huntington Park? Unlike the City of Los Angeles, Huntington Park currently allows for rent increases of 5% + CPI, which is equivalent to 10%. The City of Los Angeles has not allowed rent increases since 2019 and increases on rent-controlled buildings are generally capped at no more than 4%. By allowing higher rent increases Huntington Park gives landlords great flexibility in achieving rents that are closer to market, which is especially beneficial during high inflationary periods. Another benefit is the utility costs are considerably lower in comparison to the City of Los Angeles. New ownership can continue to improve the asset by renovating units as they become vacant, implementing RUBS to recapture utility costs, replacing the leased laundry machines with landlord owned, and continue to give the below market tenants annual rent increases.
Property Details
Property Features
Property Information:
Year Built: 1964
Stories: 2
Living Area: 14,160 SqFt
Listing Office:
Office Name: Iconic Investments
Office Phone: (747) 444-3300
Listing Agent: Adam Zunder
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 19
Exterior Features
Parking Information:
Attached Garage: No
Parking: Detached Carport
Lot Features
Lot Information:
Lot Size: 0.36 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: Great Location in Huntington Park on a quiet residential street. Just east of Pacific Blvd and Just south of Slauson Avenue.
Price Information
Listing Price Info
Price Summary:
List Price: $5,300,000
Price Per SqFt: $374/SqFt
Tax Information:
Annual Amount: $36,273
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Huntington Park, CA.
This property is $4.7M more than the Median Sold Price and $95/SqFt less than other homes in Huntington Park, CA.
Based on homes sold in October 2024
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24359147
Listing Office:
Office Name: Iconic Investments
Office Phone: (747) 444-3300
Listing Agent: Adam Zunder
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 01, 2021
Jun 01, 2021Home Sold
$3,200,000
Dec 20, 2001
Dec 20, 2001Home Sold
$750,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$36,273
$2,307,597
2020
$35,136
$2,280,294
2019
$34,511
$2,235,583
2018
$33,732
$2,191,749
2017
$33,732
$2,148,775
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$26.5K
Per Month
Principal & Interest
$26.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$15.9K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
San Antonio Elementary
6222 State St
Distance between this listing and this school0.26 miles
Public District Grades KG-5
5
/10
Miles Avenue Elementary
6720 Miles Ave
Distance between this listing and this school0.39 miles
Public District Grades KG-5
6
/10
Lucille Roybal - Allard Elementary School
3232 Saturn Ave
Distance between this listing and this school0.63 miles
Public District Grades KG-6
Nearby Schools
4
/10
Henry T. Gage Middle School
2880 E Gage Ave
Distance between this listing and this school0.16 miles
Public District Grades 6-8
4
/10
Prepa Tec - los Angeles
2665 Clarendon Ave
Distance between this listing and this school0.42 miles
Public Charter Grades 6-8
4
/10
Magnolia Science Academy Bell
6411 Orchard Ave
Distance between this listing and this school0.99 miles
Public Charter Grades 6-8
Nearby Schools
3
/10
Huntington Park High School
6020 Miles Ave
Distance between this listing and this school0.29 miles
Public District Grades 9-12
2
/10
San Antonio Continuation
2911 Belgrave Ave
Distance between this listing and this school0.31 miles
Public District Grades 9-12
4
/10
Aspire Pacific Academy
2565 E 58th St
Distance between this listing and this school0.76 miles
The neighbors living near this home have an average income of $46,106. The majority of Huntington Park, CA residents have income between $35k-100k annually. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2966 Clarendon Ave
What is the listing price of this property?
The listing price of 2966 Clarendon Ave property is $5,300,000.
What type of property is this?
The property 2966 Clarendon Ave is a house located in Huntington Park, California, 90255.
Is this property for sale now?
Active Listing: 2966 Clarendon Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $36,273 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 1, 2021 for $3,200,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2966 Clarendon Ave has 19 bedrooms and 26 bathrooms.
What is the square footage of this property?
The property 2966 Clarendon Ave is 14,160 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2966 Clarendon Ave is 1964.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2966 Clarendon Ave in Huntington Park, CA and zip code 90255 in the The Southeast neighborhood. This 14,160 square foot home, which was built in 1964, sits on a 0.36 acre lot. Features: 19 bedrooms, 26 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $5,300,000.
In October 2024, from all listings sold in Huntington Park, CA there were more than 5 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price. Between September 2024 and October 2024, Huntington Park, CA real estate market has seen decrease in the number of listings by 2.3%. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $565,000.
From Rocket Homes Real Estate and based on county public records data.