Huntington Park Income
For Sale
$1,350,000
Pending
3531 E 61st, Huntington Park, CA 90255
Well-maintained triplex with strong income potential in Huntington Park.
Property Size3,144 SF
Days on Market155
Property Features for 3531 E 61st
General Information
Standard status
Pending
Size
3,144 SF
Property subtype
MULTI_FAMILY
Building Details
Building Size
3,144 SF
Year Built
1928
Listing Agency:
Century 21 Allstars
Listed By:
Erick Castro · License #02029592
(562) 863-2121
Source:
Milsteinestates
Added: Apr 13
Changed: Sep 12
Last Checked: Sep 13 at 12:33PM
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 Century 21 Allstars
Investment Insights
Based on property information with market context.
This well-maintained property in Huntington Park presents an investment opportunity with comfort, space, and income potential. The property includes a detached front house and two rear units, providing privacy and flexibility. The front house features 2 bedrooms and 1 bathroom. The rear units each offer 3 bedrooms and 2 bathrooms. All units are clean and well-kept. Ample parking space is available, accommodating multiple vehicles. The property is located near shopping centers, restaurants, and everyday amenities. The location has a bike score of 59, making it bikeable, a walk score of 89, indicating it is very walkable, and a transit score of 53, showing good transit options. This property offers versatility and income potential for investors or buyers looking to live in one unit while renting the others.
Key Highlights
- Strong income potential from two rear rental units.
- Ample parking space for multiple vehicles.
- Front house (2 bed/1 bath) ideal for owner occupancy.
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
$54,906
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
4.07%
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%
$1,098,120
$1.1M
Cap Rate 7%
$784,371
$784.4K
Cap Rate 9%
$610,067
$610.1K
Market Conditions
NOI Build-Up for 3,144 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
$84.9K $27.00/SF
− Vacancy
−$6.5K −$2.05/SF
EGI
$78.4K $24.95/SF
− OpEx
−$23.5K −$7.48/SF
NOI
$54.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,098,120
Cap Rate 7%
$784,371
Cap Rate 9%
$610,067
Alternative Uses
Best Use
Multifamily LT 5
$784.4K
$686.3K – $915.1K
NOI $54,906 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$722.7K
$632.4K – $843.2K
NOI $50,589 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,830 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,109
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained triplex with strong income potential in Huntington Park.
Where is this triplex located?
The property is located at 3531 E 61st Huntington Park, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Strong income potential from two rear rental units.; Ample parking space for multiple vehicles.; Front house (2 bed/1 bath) ideal for owner occupancy.
