Residential Income
2960 Clarendon Avenue Huntington Park, CA 90255
2960 Clarendon Avenue, Huntington Park, CA, 90255
$759,200
Pending
For Sale
$759,200
Pending
Triplex with a two-bedroom front home plus an attached bachelor and a separate rear 2-bedroom unit.
Property Size1,578 SF
Days on Market984
Property Features for 2960 Clarendon Avenue
General Information
- Standard status
- Pending
- Size
- 1,578 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing agency
Excellence RE Real Estate
(562) 569-1371
Listed by
Ricardo Munoz · License #00912335
(562) 569-1371
Source
Exitrealty
Added: Nov 10, 2023 Updated: Jul 20 at 6:32PM Checked: Jul 21 at 4:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Excellence RE Real Estate
Investment Insights
Based on property information with market context.
This for-sale residential income triplex includes a front house with two bedrooms, a den, and one bath with a carport. The front also has an attached 2960-A bachelor unit. A separate rear unit (2960 1/2) is configured as a two-bedroom home.
The property sits on a large lot and includes a driveway. The rear setup is separate from the front configurations, supporting independent residential use across the three units.
In addition to the existing three-unit arrangement, the large lot offers potential to add on.
The property sits on a large lot and includes a driveway. The rear setup is separate from the front configurations, supporting independent residential use across the three units.
In addition to the existing three-unit arrangement, the large lot offers potential to add on.
Key Highlights
- Triplex setup with a two‑bedroom front home plus an attached bachelor unit and a separate rear two‑bedroom unit
- Front house built in 1910 with 2 bedrooms, a den, and 1 bath, plus a carport
- 2960‑A includes an attached bachelor unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.6k | $27.00 |
| − Vacancy | −$3.2k | −$2.05 |
| EGI | $39.4k | $24.95 |
| − OpEx | −$11.8k | −$7.48 |
| NOI | $27.6k | $17.46 |
1,578 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$393.7K
$344.5K – $459.3K
NOI $27,558 @ 7.0% cap · market cap 3.63%
Second Best
Apartment 5plus
$362.7K
$317.4K – $423.2K
NOI $25,391 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$844.9K
$739.3K – $985.7K
NOI $59,140 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex with a two-bedroom front home plus an attached bachelor and a separate rear 2-bedroom unit.
Where is this triplex located?
The property is located at 2960 Clarendon Avenue Huntington Park, CA.
What is the asking price?
The asking price for this property is $759,200.
What are key features of this property?
This property features: Triplex setup with a two‑bedroom front home plus an attached bachelor unit and a separate rear two‑bedroom unit; Front house built in 1910 with 2 bedrooms, a den, and 1 bath, plus a carport; 2960‑A includes an attached bachelor unit
