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2938 E 60th Pl

Huntington Park, CA, 90255

For Sale $2,249,000 ($293.99 per Sq Ft)

$2,249,000 ($293.99 per Sq Ft)

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Not Rated
(0)

9 Units
7,650 Sq Ft
9,002 Sq Ft
Unknown Cap Rate

Description

NEW PRICING. We are pleased to offer for sale a 9 unit apartment building in the city of Huntington Park. The asset consists of three 3 bedroom-1.5 bathroom and six 2 bedroom-1 bathroom units. This offering presents an opportunity for an investor to add value through management and rehabilitation in a high-density, high-demand in-fill rental market. Situated in a very attractive, quiet pocket of Huntington Park, the building has 9 carport spaces, on-site laundry, and is separately metered for gas and electricity. The city of Huntington Park is centrally located close to the employment centers of Vernon and Downtown Los Angeles. The property enjoys close proximity to Pacific Boulevard, the city's main retail corridor.

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Amenities

Garage

Pool

Garden

Security System

Internet

Telephone

Heating

Fireplace

Balcony & Patio

TV / Cable

Laundry

Hardwood Floors

Spa

Air Conditioning

Solar Power

Floor Plan

Great Views

Natural Light

Quiet

Water View

Elevator

Guest Unit(s)

Furnished

220 Volt

Property Details

List Price	$2,249,000
Property Type	Multi-Family
Usable Sqft	7,650
Number of Stories	2 stories
Parking Spots	0 spots
Year Built	1962
Last Sold	Unknown
Sold Price	Unknown

APN #	6310022007
MLS #	24380259
Property ID	292134876
Lot Sqft	9,002
Zoning	HPR3YY
Total Units	9
Days on Market	345
Original List Price	$2,387,000
Date Updated	March 13, 2025
Date Created	April 14, 2024

Financials

Unit #	Beds	Baths	Current Rent	Proforma Rent
Unit #1	3	1.50	$1,400	$1,400
Unit #2	3	1.50	$1,680	$3,360
Unit #3	2	1.00	$1,700	$3,400
Unit #4	2	1.00	$1,500	$6,000

Gross Income (Yr)	$ 174,120
Operating Expenses	$ 64,587
Net Income (Yr)	$ 106,050
Cap Rate	4.60%

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Your payment
$15,892
per month

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Principle & Interest

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Estimated payment	$15,892 /mo
Loan amount	$2,249,000
Down payment	$0
Interest rate	7.5%
Loan term	30 years
Taxes & insurance included?	YES
Property tax	1.2%/YR
Homeowner's insurance	$67/mo
HOA dues	$0/mo

Payment Breakdown

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Your payment
$15,892
per month

Amortization

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Principal vs. interest

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Amortization Schedule

Over 360 months you will spend $3,412,450 in interest.

MONTH	PRINCIPAL & INTEREST	PRINCIPAL	INTEREST	PRINCIPAL REMAINING
1	$15,725	$1,669	$14,056	$2,247,331
2	$15,725	$1,679	$14,046	$2,245,652
3	$15,725	$1,690	$14,035	$2,243,962
4	$15,725	$1,700	$14,025	$2,242,262
5	$15,725	$1,711	$14,014	$2,240,551
6	$15,725	$1,722	$14,003	$2,238,830
7	$15,725	$1,732	$13,993	$2,237,097
8	$15,725	$1,743	$13,982	$2,235,354
9	$15,725	$1,754	$13,971	$2,233,600
10	$15,725	$1,765	$13,960	$2,231,835
11	$15,725	$1,776	$13,949	$2,230,059
12	$15,725	$1,787	$13,938	$2,228,272
13	$15,725	$1,798	$13,927	$2,226,474
14	$15,725	$1,810	$13,915	$2,224,664
15	$15,725	$1,821	$13,904	$2,222,843
16	$15,725	$1,832	$13,893	$2,221,011
17	$15,725	$1,844	$13,881	$2,219,168
18	$15,725	$1,855	$13,870	$2,217,312
19	$15,725	$1,867	$13,858	$2,215,446
20	$15,725	$1,878	$13,847	$2,213,567
21	$15,725	$1,890	$13,835	$2,211,677
22	$15,725	$1,902	$13,823	$2,209,775
23	$15,725	$1,914	$13,811	$2,207,861
24	$15,725	$1,926	$13,799	$2,205,935
25	$15,725	$1,938	$13,787	$2,203,997
26	$15,725	$1,950	$13,775	$2,202,047
27	$15,725	$1,962	$13,763	$2,200,085
28	$15,725	$1,974	$13,751	$2,198,110
29	$15,725	$1,987	$13,738	$2,196,124
30	$15,725	$1,999	$13,726	$2,194,124
31	$15,725	$2,012	$13,713	$2,192,113
32	$15,725	$2,024	$13,701	$2,190,088
33	$15,725	$2,037	$13,688	$2,188,051
34	$15,725	$2,050	$13,675	$2,186,002
35	$15,725	$2,062	$13,663	$2,183,939
36	$15,725	$2,075	$13,650	$2,181,864
37	$15,725	$2,088	$13,637	$2,179,776
38	$15,725	$2,101	$13,624	$2,177,674
39	$15,725	$2,115	$13,610	$2,175,560
40	$15,725	$2,128	$13,597	$2,173,432
41	$15,725	$2,141	$13,584	$2,171,291
42	$15,725	$2,154	$13,571	$2,169,136
43	$15,725	$2,168	$13,557	$2,166,968
44	$15,725	$2,181	$13,544	$2,164,787
45	$15,725	$2,195	$13,530	$2,162,592
46	$15,725	$2,209	$13,516	$2,160,383
47	$15,725	$2,223	$13,502	$2,158,160
48	$15,725	$2,237	$13,489	$2,155,924
49	$15,725	$2,250	$13,475	$2,153,674
50	$15,725	$2,265	$13,460	$2,151,409
51	$15,725	$2,279	$13,446	$2,149,130
52	$15,725	$2,293	$13,432	$2,146,837
53	$15,725	$2,307	$13,418	$2,144,530
54	$15,725	$2,322	$13,403	$2,142,208
55	$15,725	$2,336	$13,389	$2,139,872
56	$15,725	$2,351	$13,374	$2,137,521
57	$15,725	$2,365	$13,360	$2,135,156
58	$15,725	$2,380	$13,345	$2,132,776
59	$15,725	$2,395	$13,330	$2,130,380
60	$15,725	$2,410	$13,315	$2,127,970
61	$15,725	$2,425	$13,300	$2,125,545
62	$15,725	$2,440	$13,285	$2,123,105
63	$15,725	$2,456	$13,269	$2,120,649
64	$15,725	$2,471	$13,254	$2,118,178
65	$15,725	$2,486	$13,239	$2,115,692
66	$15,725	$2,502	$13,223	$2,113,190
67	$15,725	$2,518	$13,207	$2,110,672
68	$15,725	$2,533	$13,192	$2,108,139
69	$15,725	$2,549	$13,176	$2,105,590
70	$15,725	$2,565	$13,160	$2,103,025
71	$15,725	$2,581	$13,144	$2,100,444
72	$15,725	$2,597	$13,128	$2,097,847
73	$15,725	$2,613	$13,112	$2,095,233
74	$15,725	$2,630	$13,095	$2,092,603
75	$15,725	$2,646	$13,079	$2,089,957
76	$15,725	$2,663	$13,062	$2,087,294
77	$15,725	$2,679	$13,046	$2,084,615
78	$15,725	$2,696	$13,029	$2,081,919
79	$15,725	$2,713	$13,012	$2,079,206
80	$15,725	$2,730	$12,995	$2,076,476
81	$15,725	$2,747	$12,978	$2,073,729
82	$15,725	$2,764	$12,961	$2,070,965
83	$15,725	$2,781	$12,944	$2,068,183
84	$15,725	$2,799	$12,926	$2,065,384
85	$15,725	$2,816	$12,909	$2,062,568
86	$15,725	$2,834	$12,891	$2,059,734
87	$15,725	$2,852	$12,873	$2,056,882
88	$15,725	$2,869	$12,856	$2,054,013
89	$15,725	$2,887	$12,838	$2,051,125
90	$15,725	$2,905	$12,820	$2,048,220
91	$15,725	$2,924	$12,801	$2,045,296
92	$15,725	$2,942	$12,783	$2,042,354
93	$15,725	$2,960	$12,765	$2,039,394
94	$15,725	$2,979	$12,746	$2,036,415
95	$15,725	$2,997	$12,728	$2,033,418
96	$15,725	$3,016	$12,709	$2,030,402
97	$15,725	$3,035	$12,690	$2,027,367
98	$15,725	$3,054	$12,671	$2,024,313
99	$15,725	$3,073	$12,652	$2,021,240
100	$15,725	$3,092	$12,633	$2,018,148
101	$15,725	$3,112	$12,613	$2,015,036
102	$15,725	$3,131	$12,594	$2,011,905
103	$15,725	$3,151	$12,574	$2,008,754
104	$15,725	$3,170	$12,555	$2,005,584
105	$15,725	$3,190	$12,535	$2,002,394
106	$15,725	$3,210	$12,515	$1,999,184
107	$15,725	$3,230	$12,495	$1,995,954
108	$15,725	$3,250	$12,475	$1,992,703
109	$15,725	$3,271	$12,454	$1,989,433
110	$15,725	$3,291	$12,434	$1,986,142
111	$15,725	$3,312	$12,413	$1,982,830
112	$15,725	$3,332	$12,393	$1,979,498
113	$15,725	$3,353	$12,372	$1,976,145
114	$15,725	$3,374	$12,351	$1,972,771
115	$15,725	$3,395	$12,330	$1,969,376
116	$15,725	$3,416	$12,309	$1,965,959
117	$15,725	$3,438	$12,287	$1,962,521
118	$15,725	$3,459	$12,266	$1,959,062
119	$15,725	$3,481	$12,244	$1,955,581
120	$15,725	$3,503	$12,222	$1,952,079
121	$15,725	$3,525	$12,200	$1,948,554
122	$15,725	$3,547	$12,178	$1,945,008
123	$15,725	$3,569	$12,156	$1,941,439
124	$15,725	$3,591	$12,134	$1,937,848
125	$15,725	$3,613	$12,112	$1,934,234
126	$15,725	$3,636	$12,089	$1,930,598
127	$15,725	$3,659	$12,066	$1,926,940
128	$15,725	$3,682	$12,043	$1,923,258
129	$15,725	$3,705	$12,020	$1,919,553
130	$15,725	$3,728	$11,997	$1,915,826
131	$15,725	$3,751	$11,974	$1,912,074
132	$15,725	$3,775	$11,950	$1,908,300
133	$15,725	$3,798	$11,927	$1,904,502
134	$15,725	$3,822	$11,903	$1,900,680
135	$15,725	$3,846	$11,879	$1,896,834
136	$15,725	$3,870	$11,855	$1,892,964
137	$15,725	$3,894	$11,831	$1,889,070
138	$15,725	$3,918	$11,807	$1,885,152
139	$15,725	$3,943	$11,782	$1,881,209
140	$15,725	$3,967	$11,758	$1,877,242
141	$15,725	$3,992	$11,733	$1,873,250
142	$15,725	$4,017	$11,708	$1,869,232
143	$15,725	$4,042	$11,683	$1,865,190
144	$15,725	$4,068	$11,657	$1,861,123
145	$15,725	$4,093	$11,632	$1,857,030
146	$15,725	$4,119	$11,606	$1,852,911
147	$15,725	$4,144	$11,581	$1,848,767
148	$15,725	$4,170	$11,555	$1,844,597
149	$15,725	$4,196	$11,529	$1,840,400
150	$15,725	$4,223	$11,503	$1,836,178
151	$15,725	$4,249	$11,476	$1,831,929
152	$15,725	$4,275	$11,450	$1,827,653
153	$15,725	$4,302	$11,423	$1,823,351
154	$15,725	$4,329	$11,396	$1,819,022
155	$15,725	$4,356	$11,369	$1,814,666
156	$15,725	$4,383	$11,342	$1,810,283
157	$15,725	$4,411	$11,314	$1,805,872
158	$15,725	$4,438	$11,287	$1,801,434
159	$15,725	$4,466	$11,259	$1,796,968
160	$15,725	$4,494	$11,231	$1,792,474
161	$15,725	$4,522	$11,203	$1,787,952
162	$15,725	$4,550	$11,175	$1,783,401
163	$15,725	$4,579	$11,146	$1,778,823
164	$15,725	$4,607	$11,118	$1,774,215
165	$15,725	$4,636	$11,089	$1,769,579
166	$15,725	$4,665	$11,060	$1,764,914
167	$15,725	$4,694	$11,031	$1,760,220
168	$15,725	$4,724	$11,001	$1,755,496
169	$15,725	$4,753	$10,972	$1,750,743
170	$15,725	$4,783	$10,942	$1,745,960
171	$15,725	$4,813	$10,912	$1,741,147
172	$15,725	$4,843	$10,882	$1,736,305
173	$15,725	$4,873	$10,852	$1,731,431
174	$15,725	$4,904	$10,821	$1,726,528
175	$15,725	$4,934	$10,791	$1,721,594
176	$15,725	$4,965	$10,760	$1,716,629
177	$15,725	$4,996	$10,729	$1,711,633
178	$15,725	$5,027	$10,698	$1,706,605
179	$15,725	$5,059	$10,666	$1,701,547
180	$15,725	$5,090	$10,635	$1,696,456
181	$15,725	$5,122	$10,603	$1,691,334
182	$15,725	$5,154	$10,571	$1,686,180
183	$15,725	$5,186	$10,539	$1,680,994
184	$15,725	$5,219	$10,506	$1,675,775
185	$15,725	$5,251	$10,474	$1,670,523
186	$15,725	$5,284	$10,441	$1,665,239
187	$15,725	$5,317	$10,408	$1,659,922
188	$15,725	$5,350	$10,375	$1,654,571
189	$15,725	$5,384	$10,341	$1,649,187
190	$15,725	$5,418	$10,307	$1,643,770
191	$15,725	$5,451	$10,274	$1,638,318
192	$15,725	$5,486	$10,239	$1,632,833
193	$15,725	$5,520	$10,205	$1,627,313
194	$15,725	$5,554	$10,171	$1,621,759
195	$15,725	$5,589	$10,136	$1,616,170
196	$15,725	$5,624	$10,101	$1,610,546
197	$15,725	$5,659	$10,066	$1,604,887
198	$15,725	$5,694	$10,031	$1,599,192
199	$15,725	$5,730	$9,995	$1,593,462
200	$15,725	$5,766	$9,959	$1,587,696
201	$15,725	$5,802	$9,923	$1,581,894
202	$15,725	$5,838	$9,887	$1,576,056
203	$15,725	$5,875	$9,850	$1,570,182
204	$15,725	$5,911	$9,814	$1,564,270
205	$15,725	$5,948	$9,777	$1,558,322
206	$15,725	$5,985	$9,740	$1,552,337
207	$15,725	$6,023	$9,702	$1,546,314
208	$15,725	$6,061	$9,664	$1,540,253
209	$15,725	$6,098	$9,627	$1,534,155
210	$15,725	$6,137	$9,588	$1,528,018
211	$15,725	$6,175	$9,550	$1,521,843
212	$15,725	$6,213	$9,512	$1,515,630
213	$15,725	$6,252	$9,473	$1,509,377
214	$15,725	$6,291	$9,434	$1,503,086
215	$15,725	$6,331	$9,394	$1,496,755
216	$15,725	$6,370	$9,355	$1,490,385
217	$15,725	$6,410	$9,315	$1,483,975
218	$15,725	$6,450	$9,275	$1,477,525
219	$15,725	$6,490	$9,235	$1,471,034
220	$15,725	$6,531	$9,194	$1,464,503
221	$15,725	$6,572	$9,153	$1,457,931
222	$15,725	$6,613	$9,112	$1,451,319
223	$15,725	$6,654	$9,071	$1,444,664
224	$15,725	$6,696	$9,029	$1,437,968
225	$15,725	$6,738	$8,987	$1,431,231
226	$15,725	$6,780	$8,945	$1,424,451
227	$15,725	$6,822	$8,903	$1,417,629
228	$15,725	$6,865	$8,860	$1,410,764
229	$15,725	$6,908	$8,817	$1,403,856
230	$15,725	$6,951	$8,774	$1,396,905
231	$15,725	$6,994	$8,731	$1,389,911
232	$15,725	$7,038	$8,687	$1,382,873
233	$15,725	$7,082	$8,643	$1,375,791
234	$15,725	$7,126	$8,599	$1,368,665
235	$15,725	$7,171	$8,554	$1,361,494
236	$15,725	$7,216	$8,509	$1,354,278
237	$15,725	$7,261	$8,464	$1,347,017
238	$15,725	$7,306	$8,419	$1,339,711
239	$15,725	$7,352	$8,373	$1,332,359
240	$15,725	$7,398	$8,327	$1,324,962
241	$15,725	$7,444	$8,281	$1,317,518
242	$15,725	$7,491	$8,234	$1,310,027
243	$15,725	$7,537	$8,188	$1,302,490
244	$15,725	$7,584	$8,141	$1,294,905
245	$15,725	$7,632	$8,093	$1,287,273
246	$15,725	$7,680	$8,045	$1,279,594
247	$15,725	$7,728	$7,997	$1,271,866
248	$15,725	$7,776	$7,949	$1,264,091
249	$15,725	$7,824	$7,901	$1,256,266
250	$15,725	$7,873	$7,852	$1,248,393
251	$15,725	$7,923	$7,802	$1,240,470
252	$15,725	$7,972	$7,753	$1,232,498
253	$15,725	$8,022	$7,703	$1,224,476
254	$15,725	$8,072	$7,653	$1,216,404
255	$15,725	$8,122	$7,603	$1,208,282
256	$15,725	$8,173	$7,552	$1,200,109
257	$15,725	$8,224	$7,501	$1,191,884
258	$15,725	$8,276	$7,449	$1,183,608
259	$15,725	$8,327	$7,398	$1,175,281
260	$15,725	$8,379	$7,346	$1,166,902
261	$15,725	$8,432	$7,293	$1,158,470
262	$15,725	$8,485	$7,240	$1,149,985
263	$15,725	$8,538	$7,187	$1,141,448
264	$15,725	$8,591	$7,134	$1,132,857
265	$15,725	$8,645	$7,080	$1,124,212
266	$15,725	$8,699	$7,026	$1,115,513
267	$15,725	$8,753	$6,972	$1,106,760
268	$15,725	$8,808	$6,917	$1,097,952
269	$15,725	$8,863	$6,862	$1,089,090
270	$15,725	$8,918	$6,807	$1,080,171
271	$15,725	$8,974	$6,751	$1,071,198
272	$15,725	$9,030	$6,695	$1,062,168
273	$15,725	$9,086	$6,639	$1,053,081
274	$15,725	$9,143	$6,582	$1,043,938
275	$15,725	$9,200	$6,525	$1,034,737
276	$15,725	$9,258	$6,467	$1,025,480
277	$15,725	$9,316	$6,409	$1,016,164
278	$15,725	$9,374	$6,351	$1,006,790
279	$15,725	$9,433	$6,292	$997,357
280	$15,725	$9,492	$6,233	$987,866
281	$15,725	$9,551	$6,174	$978,315
282	$15,725	$9,611	$6,114	$968,704
283	$15,725	$9,671	$6,054	$959,034
284	$15,725	$9,731	$5,994	$949,303
285	$15,725	$9,792	$5,933	$939,511
286	$15,725	$9,853	$5,872	$929,658
287	$15,725	$9,915	$5,810	$919,743
288	$15,725	$9,977	$5,748	$909,767
289	$15,725	$10,039	$5,686	$899,728
290	$15,725	$10,102	$5,623	$889,626
291	$15,725	$10,165	$5,560	$879,461
292	$15,725	$10,228	$5,497	$869,233
293	$15,725	$10,292	$5,433	$858,940
294	$15,725	$10,357	$5,368	$848,584
295	$15,725	$10,421	$5,304	$838,162
296	$15,725	$10,486	$5,239	$827,676
297	$15,725	$10,552	$5,173	$817,124
298	$15,725	$10,618	$5,107	$806,506
299	$15,725	$10,684	$5,041	$795,822
300	$15,725	$10,751	$4,974	$785,070
301	$15,725	$10,818	$4,907	$774,252
302	$15,725	$10,886	$4,839	$763,366
303	$15,725	$10,954	$4,771	$752,412
304	$15,725	$11,022	$4,703	$741,390
305	$15,725	$11,091	$4,634	$730,299
306	$15,725	$11,161	$4,564	$719,138
307	$15,725	$11,230	$4,495	$707,908
308	$15,725	$11,301	$4,424	$696,607
309	$15,725	$11,371	$4,354	$685,236
310	$15,725	$11,442	$4,283	$673,793
311	$15,725	$11,514	$4,211	$662,280
312	$15,725	$11,586	$4,139	$650,694
313	$15,725	$11,658	$4,067	$639,036
314	$15,725	$11,731	$3,994	$627,305
315	$15,725	$11,804	$3,921	$615,500
316	$15,725	$11,878	$3,847	$603,622
317	$15,725	$11,952	$3,773	$591,670
318	$15,725	$12,027	$3,698	$579,643
319	$15,725	$12,102	$3,623	$567,541
320	$15,725	$12,178	$3,547	$555,363
321	$15,725	$12,254	$3,471	$543,109
322	$15,725	$12,331	$3,394	$530,778
323	$15,725	$12,408	$3,317	$518,371
324	$15,725	$12,485	$3,240	$505,885
325	$15,725	$12,563	$3,162	$493,322
326	$15,725	$12,642	$3,083	$480,680
327	$15,725	$12,721	$3,004	$467,960
328	$15,725	$12,800	$2,925	$455,159
329	$15,725	$12,880	$2,845	$442,279
330	$15,725	$12,961	$2,764	$429,318
331	$15,725	$13,042	$2,683	$416,277
332	$15,725	$13,123	$2,602	$403,153
333	$15,725	$13,205	$2,520	$389,948
334	$15,725	$13,288	$2,437	$376,660
335	$15,725	$13,371	$2,354	$363,289
336	$15,725	$13,454	$2,271	$349,835
337	$15,725	$13,539	$2,186	$336,296
338	$15,725	$13,623	$2,102	$322,673
339	$15,725	$13,708	$2,017	$308,965
340	$15,725	$13,794	$1,931	$295,171
341	$15,725	$13,880	$1,845	$281,291
342	$15,725	$13,967	$1,758	$267,324
343	$15,725	$14,054	$1,671	$253,270
344	$15,725	$14,142	$1,583	$239,128
345	$15,725	$14,230	$1,495	$224,897
346	$15,725	$14,319	$1,406	$210,578
347	$15,725	$14,409	$1,316	$196,169
348	$15,725	$14,499	$1,226	$181,670
349	$15,725	$14,590	$1,135	$167,080
350	$15,725	$14,681	$1,044	$152,400
351	$15,725	$14,773	$953	$137,627
352	$15,725	$14,865	$860	$122,762
353	$15,725	$14,958	$767	$107,805
354	$15,725	$15,051	$674	$92,753
355	$15,725	$15,145	$580	$77,608
356	$15,725	$15,240	$485	$62,368
357	$15,725	$15,335	$390	$47,033
358	$15,725	$15,431	$294	$31,602
359	$15,725	$15,527	$198	$16,074
360	$15,725	$15,625	$100	$0

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