Four-Unit Residential Income
For Sale
$1,025,000
6245 State, Huntington Park, CA 90255
Four-unit residential building offers a mix of 3-, 2-, and 1-bedroom layouts, each with its own oversized 1-car garage.
Property Size2,484 SF
Price / SF$259.36
Days on Market166
Property Features for 6245 State
General Information
Standard status
Active
Size
2,484 SF
Total Parking Spaces
4
Property subtype
Quadruplex
Additional Details
Multifamily Units
4
Building Details
Building Size
2,484 SF
Year Built
1920
Tenancy
Multi
Listing Agency:
CENTURY 21 REALTY MASTERS
Listed By:
XIMENA SALINAS MONTALVO · License #02191705
(626) 818-4301
Source:
Truthrealty
Added: May 15
Changed: Oct 25
Last Checked: Oct 27 at 12:25AM
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 REALTY MASTERS
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Investment Insights
Based on property information with market context.
This four-unit residential income property includes a mix of unit sizes and layouts. One unit is a 3-bedroom, 2-bath home with access to a rear yard. Two separate 2-bedroom, 1-bath units are included, and the upper 2-bedroom unit has a balcony. The fourth unit is a 1-bedroom, 1-bath downstairs configuration. Each of the four units has its own oversized 1-car garage.
The building is positioned for convenience, with close proximity to LAX, SoFi Stadium Hub, and Downtown Los Angeles restaurants and shops. Walk Score is listed as 89 (Very Walkable), Bike Score as 59 (Bikeable), and Transit Score as 53 (Good Transit).
The property totals 3,952 square feet of living area and is offered as a four-unit investment opportunity with potential for rental income from the additional units.
The building is positioned for convenience, with close proximity to LAX, SoFi Stadium Hub, and Downtown Los Angeles restaurants and shops. Walk Score is listed as 89 (Very Walkable), Bike Score as 59 (Bikeable), and Transit Score as 53 (Good Transit).
The property totals 3,952 square feet of living area and is offered as a four-unit investment opportunity with potential for rental income from the additional units.
Key Highlights
- Four‑unit residential building with 3-, 2-, and 1‑bedroom layouts totaling 3,952 sqft
- Unit mix: (1) 3BR/2BA with access to rear yard, (2) 2BR/1BA upstairs units, and (1) 1BR/1BA downstairs unit
- Each unit has its own oversized 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,016
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,380,320
$1.4M
Cap Rate 7%
$985,943
$985.9K
Cap Rate 9%
$766,844
$766.8K
Market Conditions
NOI Build-Up for 3,952 SF
Gross rent
$106.7K $27.00/SF
− Vacancy
−$8.1K −$2.05/SF
EGI
$98.6K $24.95/SF
− OpEx
−$29.6K −$7.48/SF
NOI
$69.0K $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%
$1,380,320
Cap Rate 7%
$985,943
Cap Rate 9%
$766,844
Alternative Uses
Best Use
Multifamily LT 5
$985.9K
$862.7K – $1.15M
NOI $69,016 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$908.4K
$794.9K – $1.06M
NOI $63,591 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M
NOI $148,112 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,529
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential building offers a mix of 3-, 2-, and 1-bedroom layouts, each with its own oversized 1-car garage.
Where is this quadplex located?
The property is located at 6245 State Huntington Park, CA.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Four‑unit residential building with 3-, 2-, and 1‑bedroom layouts totaling 3,952 sqft; Unit mix: (1) 3BR/2BA with access to rear yard, (2) 2BR/1BA upstairs units, and (1) 1BR/1BA downstairs unit; Each unit has its own oversized 1‑car garage
