Introducing the opportunity to acquire this 15-unit investment property in prime Huntington Park. The subject property is comprised of two separate parcels with a combined unit mix Fourteen 1 bedroom + 1 bath units and One commercial/retail storefront. The units are spread out among the two parcels with frontage on Arbutus Avenue and Gage Avenue for an aggregate lot size of almost 15,000 SF! Onsite garages are available for residential units and offer investors an opportunity to boost income by adding multiple ADUs per parcel (buyers to verify). The Arbutus Apartments offer plenty of upside potential in rental income to an investor looking for an immediate high dollar return with room to grow. Separately metered for gas and electricity. Tenants enjoy a close proximity to dining and shopping along Pacific Blvd and several area schools are a short distance away. The site is strategically located minutes to Downtown Los Angeles, Arts District, and easy access to the 710, 10, 5, 101, and 60 Freeways.
Property Details
Property Features
Property Information:
Year Built: 1929
Stories: 2
Living Area: 8,730 SqFt
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Enrique Viramontes
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 13
Exterior Features
Parking Information:
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.34 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
Other
Directions Information:
Directions: Located on the corner of Arbutus Ave and Gage Ave
Price Information
Listing Price Info
Price Summary:
List Price: $3,425,000
Price Per SqFt: $392/SqFt
Tax Information:
Annual Amount: $30,729
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Huntington Park, CA.
This property is $2.8M more than the Median Sold Price and $77/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: #23297359
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Enrique Viramontes
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: 11/23/2024, 3:20:56 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
May 05, 2020
May 05, 2020Home Sold
$3,000,000
Apr 03, 2014
Apr 03, 2014Home Sold
$1,600,000
Jan 29, 1990
Jan 29, 1990Home Sold
$562,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$30,729
$2,023,580
2020
$18,583
$1,165,726
2019
$18,210
$1,142,869
2018
$17,793
$1,120,461
2017
$17,793
$1,098,493
History based on county public records data.
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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.
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 school0.23 miles
Public District Grades KG-5
5
/10
Miles Avenue Elementary
6720 Miles Ave
Distance between this listing and this school0.34 miles
Public District Grades KG-5
6
/10
Lucille Roybal - Allard Elementary School
3232 Saturn Ave
Distance between this listing and this school0.48 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 school0.17 miles
Public District Grades 6-8
4
/10
Prepa Tec - los Angeles
2665 Clarendon Ave
Distance between this listing and this school0.54 miles
Public Charter Grades 6-8
4
/10
Magnolia Science Academy Bell
6411 Orchard Ave
Distance between this listing and this school0.87 miles
Public Charter Grades 6-8
Nearby Schools
3
/10
Huntington Park High School
6020 Miles Ave
Distance between this listing and this school0.45 miles
Public District Grades 9-12
2
/10
San Antonio Continuation
2911 Belgrave Ave
Distance between this listing and this school0.45 miles
Public District Grades 9-12
6
/10
Aspire Ollin University Preparatory Academy
2540 E 58th St
Distance between this listing and this school0.91 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. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6368 Arbutus Ave
What is the listing price of this property?
The listing price of 6368 Arbutus Ave property is $3,425,000.
What type of property is this?
The property 6368 Arbutus Ave is a house located in Huntington Park, California, 90255.
Is this property for sale now?
Active Listing: 6368 Arbutus 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 $30,729 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 5, 2020 for $3,000,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 6368 Arbutus Ave has 13 bedrooms and 15 bathrooms.
What is the square footage of this property?
The property 6368 Arbutus Ave is 8,730 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 6368 Arbutus Ave is 1929.
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This home is located at 6368 Arbutus Ave in Huntington Park, CA and zip code 90255 in the The Southeast neighborhood. This 8,730 square foot home, which was built in 1929, sits on a 0.34 acre lot. Features: 13 bedrooms, 15 bathrooms. It has been listed on Rocket Homes since August 03, 2023 and is currently priced at $3,425,000.
While more than 5 listings in Huntington Park, CA in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. In October 2024 in Huntington Park, CA there were 2.3% less homes for sale than in September 2024. 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.
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. 
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