Four-Unit Residential Income
6245 State Huntington Park, CA 90255
6245 State, Huntington Park, CA, 90255
$1,100,000
For Sale
$1,100,000
Four-unit residential building offers a mix of 3-, 2-, and 1-bedroom layouts, each with its own oversized 1-car garage.
Property Size3,952 SF
Price / SF$278.34
Days on Market69
Property Features for 6245 State
General Information
- Standard status
- Active
- Size
- 3,952 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1920
Listing agency
(626) 818-4301
Listed by
XIMENA SALINAS MONTALVO
(626) 818-4301
Source
Elliman
Added: May 16 Updated: Jul 23 at 12:26AM Checked: Jul 23 at 12:26AM
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 XIMENA SALINAS MONTALVO
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
Local 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 | $106.7k | $27.00 |
| − Vacancy | −$8.1k | −$2.05 |
| EGI | $98.6k | $24.95 |
| − OpEx | −$29.6k | −$7.48 |
| NOI | $69.0k | $17.46 |
3,952 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$985.9K
$862.7K – $1.15M
NOI $69,016 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$908.4K
$794.9K – $1.06M
NOI $63,591 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M
NOI $148,112 @ 7.0% cap · market cap 13.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
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 $1,100,000.
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
