Apartment Building with Assigned
For Sale
$869,000
Pending
6249 Newell St, Huntington Park, CA 90255
MULTI_FAMILY - Huntington Park, CA
Property Size2,162 SF
Lot Size0.13 Acres
Days on Market150
Property Features for 6249 Newell St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
HPR3YY
Bedrooms
5
Bathrooms
5
Full bathrooms
1
Rooms
Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 5, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 1
Parking
4
Parking features
Assigned
Directions
Located between Randolph St and Gage Ave
Subdivision
Vernon, Maywood, Hunt Pk & Bell, N of Florence, W of 710
Standard status
Pending
APN
6319-016-019
Size
2,162 SF
Lot size
0.13 Acres
Building Details
Year built
1953
Floors in Building
1
Number of units
5
Listing Agency:
Remax Commercial and Investment Realty · RE/MAX International
(213) 817-1000
Listed By:
Enrique Viramontes · License #01372010
(213) 233-4363
Added: Mar 17
Changed: Aug 1
Last Checked: Aug 13 at 2:06PM
MLS# 26665647
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Newell Apartments is a well-maintained apartment building built in 1953. The property consists of five one-bedroom, one-bath units, with assigned parking for tenants. Parking includes four assigned spaces in the rear, with an additional parking area in the front.
The property sits on a 0.1343-acre lot and includes 2,162 square feet. It is located in Huntington Park, with convenient access to major transportation corridors including the 5, 710, 10, and 110 freeways. The area is described as being minutes from entertainment and recreational facilities, schools, and nearby medical facilities.
Zoning is listed as HPR3YY, supporting multifamily residential use.
The property sits on a 0.1343-acre lot and includes 2,162 square feet. It is located in Huntington Park, with convenient access to major transportation corridors including the 5, 710, 10, and 110 freeways. The area is described as being minutes from entertainment and recreational facilities, schools, and nearby medical facilities.
Zoning is listed as HPR3YY, supporting multifamily residential use.
Key Highlights
- Five one‑bedroom, one‑bath units in The Newell Apartments
- Assigned tenant parking: four in the rear plus additional front area
- 0.1343‑acre lot with 2,162 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,788
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$695,760
$695.8K
Cap Rate 7%
$496,971
$497.0K
Cap Rate 9%
$386,533
$386.5K
Market Conditions
NOI Build-Up for 2,162 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$68.8K $31.80/SF
− Vacancy
−$5.5K −$2.54/SF
EGI
$63.3K $29.26/SF
− OpEx
−$28.5K −$13.17/SF
NOI
$34.8K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$695,760
Cap Rate 7%
$496,971
Cap Rate 9%
$386,533
Alternative Uses
Best Use
Apartment 5plus
$497.0K
$434.9K – $579.8K
NOI $34,788 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,027 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,327
Businesses Nearby
Explore this area
Business Placement
Demographics for 90255, CA
71,157
Population
19,265
Households
3.7
Avg Household Size
34
Median Age
9%
College-Educated
53%
High-School Grad
3.7 sq mi
ZIP Area
19,232
Density / Sq Mi
$61,376
Median Household Income
$31,695
Median Earnings
$1,443
Median Rent
$562,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building featuring five one-bedroom, one-bath units with assigned parking and HPR3YY zoning.
Where is this apartment building located?
The property is located at 6249 Newell St Huntington Park, CA.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Five one‑bedroom, one‑bath units in The Newell Apartments; Assigned tenant parking: four in the rear plus additional front area; 0.1343‑acre lot with 2,162 square feet
