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Spanish-Style Triplex with Garages
New
For Sale
$799,000

3618 E 59th, Huntington Park, CA 90255

Separately metered homes share a fully fenced lot with individual living spaces, kitchens, and rear garages.

Days on Market5

Property Features for 3618 E 59th

General Information

Standard status Active
Property subtype Investment

Additional Details

Utilities to Site Yes

Building Details

Building Size 1,800 SF
Year Built 1930
Buildings 3
Construction Spanish style
Listing Agency:
Listed By: Perla Soto
Source: Elliman
Added: Jul 30 Changed: Jul 31 Last Checked: Aug 3 at 4:07AM

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 Perla Soto

Investment Insights

Based on property information with market context.

This Spanish-style triplex includes three individual homes on one lot, each offering 1 bedroom, 1 bathroom, a kitchen, living room, and dining area. Classic Spanish-style architecture and tile roofs define the homes, while three separate utility meters and three separate gas meters allow each residence to have independently metered utilities. The property is fully fenced and includes a shared driveway with a separate rear garage for each home, providing dedicated parking and storage for each residence.

Built in 1930, the property is located in Huntington Park near shopping, dining, transportation, and neighborhood amenities. Walk Score is 89, rated Very Walkable; Transit Score is 53, rated Good Transit; and Bike Score is 59, rated Bikeable.

Key Highlights

  • Three individual Spanish‑style homes on one lot
  • Each home includes 1 bedroom, 1 bathroom, kitchen, living room, and dining area
  • Three separate utility meters and three separate gas meters

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 $48.6k $27.00
− Vacancy −$3.7k −$2.05
EGI $44.9k $24.95
− OpEx −$13.5k −$7.48
NOI $31.4k $17.46
1,800 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$449.1K
$392.9K – $523.9K (±1% cap)
NOI $31,434 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$413.8K
$362.0K – $482.7K (±1% cap)
NOI $28,963 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$963.7K
$843.3K – $1.12M (±1% cap)
NOI $67,460 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,031
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Separately metered homes share a fully fenced lot with individual living spaces, kitchens, and rear garages.
Where is this triplex located?
The property is located at 3618 E 59th Huntington Park, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three individual Spanish‑style homes on one lot; Each home includes 1 bedroom, 1 bathroom, kitchen, living room, and dining area; Three separate utility meters and three separate gas meters
More about this property
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