3467 Walnut, Huntington Park, California 90255, Huntington Park, 90255 - 0 bed, 0 bath
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Huntington Park, California 90255
This Residential Income Triplex is listed at $835,000, offering a strategic entry into the Huntington Park rental market. While the $703,770 Fair Market Value accounts for its current Condition Rating of 5, the property’s true potential lies in its Value-Add ADU Potential via a pre-existing garage conversion. Currently generating immediate cash flow from three month-to-month tenancies, the asset allows for rapid rent optimization or a "house-hack" strategy. This versatile investment is ideally suited for Buy-and-Hold Investors or Owner-Occupants looking to build long-term equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3467 Walnut Subject | $835,000* List Price | 0 | 0 | 1,868 | $377 | - |
A 3326 3326 1/2 Broadway Sold | $795,000 | 0 | 0 | 1,783 | $446 | 0.5 mi |
B 3366 Flower Street Sold | $775,000 | 4 | 3 | 1,708 | $454 | 0.2 mi |
C 3100 Walnut Sold | $780,000 | 0 | 0 | 1,596 | $489 | 0.5 mi |
D 6509 State Sold | $720,000 | 0 | 0 | 1,962 | $367 | 0.8 mi |
E 6133 Orchard Avenue Sold | $906,000 | 4 | 3 | 1,910 | $474 | 0.9 mi |
F 7015 Templeton Active | $824,500 List Price | 0 | 0 | 1,922 | $429 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926, this property shows significant signs of age and deferred maintenance. While the units are occupied, the kitchens are dated with older cabinetry and tile work. Most notably, the garage conversion is currently uninhabitable and shows exposed studs and structural neglect, indicating a need for a full rehab to meet safety standards and modernize the systems.
All three units are currently occupied on month-to-month leases, providing instant cash flow while offering the flexibility to adjust rents to market rates or for an owner-occupant to move in.
The property includes three garages, one of which is a pre-existing studio conversion that offers a clear path to legalizing a permitted Accessory Dwelling Unit (ADU) for increased revenue.
The triplex configuration is ideal for both pure investors and owner-users, allowing for a 'house-hack' scenario where the front unit is occupied by the owner while the rear units subsidize the mortgage.
A garage has been converted into a studio without permits and is currently deemed uninhabitable, requiring the buyer to navigate the legalization process and associated costs.
Originally constructed in 1926, the property may require significant capital expenditures for modernizing aging systems such as plumbing, electrical, or roofing compared to newer builds.
Great investment opportunity in Huntington Park! This well-maintained 3-unit property offers flexibility for both investors and owner-occupants. All three units are currently occupied on convenient month-to-month leases, providing immediate rental income with the option to adjust rents or occupancy as desired. The front unit is ideal for an owner-user looking to live on-site while generating income from the rear units, or you can maximize returns by renting out all three units. Located in a desirable area with strong rental demand, this property presents excellent upside potential. Property includes three garages, one of which has been previously converted into a studio without permits. It is not currently habitable but, this space presents a potential opportunity to legalize and convert into a permitted ADU for additional rental income (buyer to verify). Don’t miss your chance to own a versatile multi-unit property with strong income-producing possibilities!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,868 | 1,884.5 | 44% |
| Lot Size | 4,997 | 6,325.5 | 25% |
| Price | $835.0K | $800.0K | 56% |
| Price per sq ft | $447 | $393 | 81% |
| Built year | 1926 | 1932 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 215 | 6% |
May 5, 2026
$835,000
Initial Listing