14-Unit Apartment
For Sale
$2,700,000
6829 Malabar Street, Huntington Park, CA 90255
Apartment property with one-car garages serving each unit.
Property Size9,160 SF
Lot Size0.19 Acres
Price / SF$294.76
Days on Market584
Property Features for 6829 Malabar Street
General Information
Standard status
Active
Size
9,160 SF
Total Parking Spaces
14
Lot size
0.19 Acres
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/2BA, 1 x 2BR/1BA, 11 x 1BR/1BA
Multifamily Units
14
Amenities
17
6
4
Listing Agency:
For sale by owner, please contact
Listed By:
Fizber
Source:
Compass
Added: Jan 27, 2025
Changed: Aug 31
Last Checked: Aug 30 at 7:11AM
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 For sale by owner, please contact
Investment Insights
Based on property information with market context.
This apartment building contains 14 units in a mix of two-bedroom and one-bedroom layouts. The configuration includes two 2-bedroom, 2-bath units, one 2-bedroom, 1-bath unit, and eleven 1-bedroom, 1-bath units. The property encompasses approximately 9,160 square feet on an 8,135-square-foot lot, with 14 one-car garages.
Located on Malabar Street in Huntington Park, the property is being offered in AS IS condition, with no repairs or credits contemplated. Current rent and vacancy information is available directly from the owner.
Located on Malabar Street in Huntington Park, the property is being offered in AS IS condition, with no repairs or credits contemplated. Current rent and vacancy information is available directly from the owner.
Key Highlights
- 14‑unit apartment building with 2‑bedroom and 1‑bedroom layouts
- Unit mix includes 2 two‑bedroom, 2‑bath units; 1 two‑bedroom, 1‑bath unit; and 11 one‑bedroom, 1‑bath units
- Approximately 9,160 square feet on an 8,135‑square‑foot lot
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
$147,392
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
5.46%
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%
$2,947,840
$2.9M
Cap Rate 7%
$2,105,600
$2.1M
Cap Rate 9%
$1,637,689
$1.6M
Market Conditions
NOI Build-Up for 9,160 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
$291.3K $31.80/SF
− Vacancy
−$23.3K −$2.54/SF
EGI
$268.0K $29.26/SF
− OpEx
−$120.6K −$13.17/SF
NOI
$147.4K $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%
$2,947,840
Cap Rate 7%
$2,105,600
Cap Rate 9%
$1,637,689
Alternative Uses
Best Use
Apartment 5plus
$2.11M
$1.84M – $2.46M
NOI $147,392 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.90M
$4.29M – $5.72M
NOI $343,296 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
3,368
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 - Apartment property with one-car garages serving each unit.
Where is this apartment building located?
The property is located at 6829 Malabar Street Huntington Park, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 14‑unit apartment building with 2‑bedroom and 1‑bedroom layouts; Unit mix includes 2 two‑bedroom, 2‑bath units; 1 two‑bedroom, 1‑bath unit; and 11 one‑bedroom, 1‑bath units; Approximately 9,160 square feet on an 8,135‑square‑foot lot
