2565 Sale Place, Huntington Park, California 90255, Huntington Park, 90255 - 6 bed, 4 bath
ACTIVE UNDER CONTRACT$799,000
2565 Sale Place, Huntington Park, California 90255
6Beds
4Baths
1,791Sqft
4,993Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Potential: This multi-unit property (Triplex) with a 3-bedroom main house and two 1-bedroom back units offers significant rental income potential for investors.
Top Cons:
Significant Renovation Required: The property 'needs some TLC' and is a 'blank canvas,' indicating substantial investment in time, effort, and capital for necessary repairs and upgrades.
Compared to the nearby listings
Price:$799.0K vs avg $750.0K (+$49,000)67%
Size:1,791 sqft vs avg 1,910 sqft40%
Price/sqft:$446 vs avg $36760%
More Insights
Built in 1926 (99 years old).
Condition: Built in 1926, this property is nearly 100 years old and explicitly described as needing 'some TLC' and being a 'blank canvas.' The visible interior features very dated white ceramic tile flooring, an old-fashioned chandelier, a brick fireplace, and a window air conditioning unit, indicating a complete lack of modern updates and inefficient systems. While kitchen and bathroom images are not provided, it's highly probable they are in a similar, very outdated condition, requiring substantial repairs and rehabilitation to meet current living standards.
Year Built
1926
Close
-
List price
$799K
Original List price
$820K
Price/Sqft
$446
HOA
-
Days on market
-
Sold On
-
MLS number
IV25175722
Home ConditionPoor
Features
View-
About this home
Welcome to a rare opportunity in Los Angeles! This multi-unit property is a perfect fit for both investors and multi-generational families looking for a project. While it needs some TLC, this property is a blank canvas with incredible potential. The cute neighborhood and prime Los Angeles location make it an ideal investment for those who want to renovate and maximize rental income. For families, this is a chance to design a custom compound with separate living spaces, fostering togetherness while maintaining privacy. The main house has 3 bedrooms and 1 full bathroom, with two units in the back that are both 1 bedroom/1 bathroom. This is your chance to turn this property into a profitable asset or a magnificent family home. Don't miss out on this unique opportunity!
Nearby schools
4/10
Liberty Boulevard Elementary School
Public,•K-5•0.2mi
3/10
Walnut Park Elementary School
Public,•K-5•0.4mi
7/10
Willow Elementary
Public,•K-5•0.6mi
4/10
State Street Elementary School
Public,•K-5•0.8mi
5/10
Hope Street Elementary School
Public,•K-5•1.0mi
5/10
Miles Avenue Elementary School
Public,•K-5•1.1mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,•6-8•0.7mi
2/10
Southeast Middle School
Public,•6-8•1.1mi
3/10
Henry T. Gage Middle School
Public,•6-8•1.4mi
6/10
South East High School
Public,•9-12•1.2mi
4/10
Huntington Park Senior High School
Public,•9-12•1.7mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•3.1mi
Condition Rating
Poor
Built in 1926, this property is nearly 100 years old and explicitly described as needing 'some TLC' and being a 'blank canvas.' The visible interior features very dated white ceramic tile flooring, an old-fashioned chandelier, a brick fireplace, and a window air conditioning unit, indicating a complete lack of modern updates and inefficient systems. While kitchen and bathroom images are not provided, it's highly probable they are in a similar, very outdated condition, requiring substantial repairs and rehabilitation to meet current living standards.
Pros & Cons
Pros
Income-Generating Potential: This multi-unit property (Triplex) with a 3-bedroom main house and two 1-bedroom back units offers significant rental income potential for investors.
Prime Los Angeles Location: Located in Huntington Park, a 'cute neighborhood' within Los Angeles, providing desirable access and strong potential for property appreciation.
Versatile Use Case: Ideal for both investors looking to maximize rental income and multi-generational families seeking separate yet connected living spaces.
Renovation Upside: Described as a 'blank canvas' with 'incredible potential,' allowing buyers to customize, renovate, and significantly increase its value.
Recent Price Adjustment: The list price has been reduced from $820,000 to $799,000, potentially offering a more attractive entry point for motivated buyers.
Cons
Significant Renovation Required: The property 'needs some TLC' and is a 'blank canvas,' indicating substantial investment in time, effort, and capital for necessary repairs and upgrades.
Age of Property: Built in 1926, the property is nearly a century old, which may imply outdated systems, potential structural issues, and higher ongoing maintenance costs.
Active Under Contract Status: Currently listed as 'Active Under Contract,' which means it is not readily available for new offers and may limit immediate buyer opportunities.