Huntington Park Triplex Investment
For Sale
$750,000
6121 Miles Avenue Unit 2, Huntington Park, CA 90255
Well-maintained triplex with income potential in Huntington Park.
Property Size1,960 SF
Price / SF$382.65
Days on Market265
Property Features for 6121 Miles Avenue Unit 2
General Information
Standard status
Active
Size
1,960 SF
Property subtype
Residential Income
Zoning
HPR4
Net Operating Income
$4,800
Building Details
Year Built
1923
Buildings
2
Units
3
Listing Agency:
T.N.G.Real Estate Consultants
Listed By:
Rosie Garcia · License #01142854
(562) 455-6569
Source:
Compass
Added: Jan 22
Changed: Oct 10
Last Checked: Oct 12 at 9:44PM
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 T.N.G.Real Estate Consultants
Investment Insights
Based on property information with market context.
This well-maintained triplex in Huntington Park presents an investment opportunity with income potential. The property features a front duplex, with each unit offering 2 bedrooms and 1 bathroom. A studio ADU, newly built 2 years ago with permits, is located in the back. The property includes a long driveway with ample parking in the rear. Each of the 3 units has separate gas and electrical meters. Washer and dryer hook-ups are located outside each unit. Recent improvements include electrical repairs completed on the front units. Unit #2 features newer interior paint, recessed lighting, and a new toilet. All units are in good condition and offer excellent potential for owner-occupants or investors. The Huntington Park location is close to shopping, schools, and transportation.
Key Highlights
- Great income potential from well‑maintained triplex.
- Newly built studio ADU completed with permits.
- Separate gas & electrical meters for all 3 units.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,229
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,580
$684.6K
Cap Rate 7%
$488,986
$489.0K
Cap Rate 9%
$380,322
$380.3K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$52.9K $27.00/SF
− Vacancy
−$4.0K −$2.05/SF
EGI
$48.9K $24.95/SF
− OpEx
−$14.7K −$7.48/SF
NOI
$34.2K $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 Rate 5%
$684,580
Cap Rate 7%
$488,986
Cap Rate 9%
$380,322
Alternative Uses
Best Use
Multifamily LT 5
$489.0K
$427.9K – $570.5K
NOI $34,229 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$450.5K
$394.2K – $525.6K
NOI $31,538 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$1.05M
$918.2K – $1.22M
NOI $73,456 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
2,838
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 income potential in Huntington Park.
Where is this triplex located?
The property is located at 6121 Miles Avenue Unit 2 Huntington Park, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Great income potential from well‑maintained triplex.; Newly built studio ADU completed with permits.; Separate gas & electrical meters for all 3 units.
