9 months on rocket

2966 Clarendon Ave, Huntington Park, CA, 90255

$5,300,000

19 Bedrooms
26 Baths
14,160 SqFt
$374/SqFt
House

Location

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Property Highlights

Home TypeOther
ParkingDetached Carport
Year Built1964
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #24359147
Lot Size0.36 Acres
StatusActive

About 2966 Clarendon Ave

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
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Housing Market Comparison

See how this home compares to others in Huntington Park, CA.

Med. Sold Price

$565K

Med. Price/SqFt

$469

Avg. Days On Market

34

# of Sold Homes

7

2966 Clarendon Ave vs Huntington Park

278 DAYS ON ROCKET

+244 Days

$5,300,000

+$4.7M More

$374/SqFt

-$95 Less

KEY TAKEAWAY

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

IDX 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

Jun 01, 2021Home Sold
$3,200,000
Dec 20, 2001Home Sold
$750,000

Tax History

YEARPROP. TAXASSESSMENT
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

$26.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.9K

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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.

Nearby Schools

school-card-donut-302082
5
/10
  • San Antonio Elementary

  • 6222 State St

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-302083
5
/10
  • Miles Avenue Elementary

  • 6720 Miles Ave

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-302084
6
/10
  • Lucille Roybal - Allard Elementary School

  • 3232 Saturn Ave

  • 0.63 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

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.
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Rocket HomesCaliforniaLos Angeles CountyHuntington Park902552966 Clarendon Ave

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.

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