Huntington Park Multifamily Investment
For Sale
$1,625,000
6200 Malabar Street, Huntington Park, CA 90255
Seven-unit multifamily property in Huntington Park, generating rental and additional income.
Property Size3,392 SF
Lot Size0.17 Acres
Price / SF$479.07
Days on Market208
Property Features for 6200 Malabar Street
General Information
Standard status
Active
Size
3,392 SF
Total Parking Spaces
4
Lot size
0.17 Acres
Property subtype
Residential Income / Res Income 2-4 Units
Zoning
Public Rec
Net Operating Income
$114,213
Building Details
Year Built
1923
Buildings
3
Units
7
Listing Agency:
Compass
Listed By:
Justino L. Fa'aola · License #02038198
(626) 315-7603
Source:
Compass
Added: Feb 9
Changed: Sep 4
Last Checked: Aug 8 at 7:36AM
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 Compass
Investment Insights
Based on property information with market context.
Located in Huntington Park, California, this multifamily property features 7 single-story, ground-level apartments. The unit mix comprises 4 one-bedroom and 3 two-bedroom units. Situated on a 7,500+ SF lot, the property includes on-site garage parking and a community laundry room. The property is located within LA County's Southeast region, approximately 7 miles from Downtown Los Angeles, and is centrally located near the 710, 5, and 110 freeways. It is also located within a 10-mile drive to major employment hubs like the City of Vernon, the City of Commerce, and Downtown Los Angeles. Tenants benefit from proximity to Pacific Boulevard, Huntington Park's retail corridor, offering access to retailers, convenience stores, and dining options. Big-name retailers such as Target, Home Depot, and Northgate Market, as well as local parks and schools, are within a 3-mile drive. The property generates over +/-\$155,000 in rental income, with an additional +/-\$5,400 of revenue from rentable garages and a shared laundry facility, resulting in a total annual revenue of +/-\$161,000. The property is being marketed as an investment opportunity.
Key Highlights
- Assumable existing debt of +/-\$982,000 at a below‑market interest rate of 3.45% fixed until mid‑2029.
- Generates over +/-\$155,000 in rental income annually, plus +/-\$5,400 from garages and laundry.
- Current 7.03% CAP Rate and 10.08 GRM.
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
$54,580
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
3.36%
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%
$1,091,600
$1.1M
Cap Rate 7%
$779,714
$779.7K
Cap Rate 9%
$606,444
$606.4K
Market Conditions
NOI Build-Up for 3,392 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
$107.9K $31.80/SF
− Vacancy
−$8.6K −$2.54/SF
EGI
$99.2K $29.26/SF
− OpEx
−$44.7K −$13.17/SF
NOI
$54.6K $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%
$1,091,600
Cap Rate 7%
$779,714
Cap Rate 9%
$606,444
Alternative Uses
Best Use
Apartment 5plus
$779.7K
$682.3K – $909.7K
NOI $54,580 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,124 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,084
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 - Seven-unit multifamily property in Huntington Park, generating rental and additional income.
Where is this apartment building located?
The property is located at 6200 Malabar Street Huntington Park, CA.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Assumable existing debt of +/-\$982,000 at a below‑market interest rate of 3.45% fixed until mid‑2029.; Generates over +/-\$155,000 in rental income annually, plus +/-\$5,400 from garages and laundry.; Current 7.03% CAP Rate and 10.08 GRM.
