Property Overview

  • Adress 6322 Bissell Street ยท Huntington Park, CA 90255
  • Type Multifamily
  • Lot Size 8,051 sq. ft.
  • Unit Type 3 Detached Unit

Property Description

Three individual single-story structures plus a four-car garage on an 8,051 SF R3 Lot in Huntington Park. No shared walls and no shared ceilings - each unit is its own building with a private entrance off a driveway that runs the full length of the lot. The mix is a 3-bedroom front house, a 2-bedroom middle unit, and a 1-bedroom rear unit. The front house lives like a single-family home with its own yard and entrance, a rare owner-user opportunity with income behind it. Current gross scheduled income is $45,600; market rents are supported at $87,000 by a nine-property rent survey within one mile. The four-car garage is an existing structure on an existing slab and a candidate for ADU conversion under SB 1211, subject to City approval. Zoned HPR3. Subject to Huntington Park rent stabilization (Municipal Code Chapter 21). Buyer to verify all information including square footage, permits, ADU feasibility and rental registration status.

Investment highlights

Rents at 52% of market create a clear path to a 6.66% market cap through turnover

Single-story cottages with private entries and no shared walls, offering premium rental appeal and lower turnover

Standalone 3BR/1.75BA home with private yard, while two rear cottages help offset ownership costs
R3-zoned 8,051 SF lot offers potential to expand from 3 to 6 units, including a four-car garage conversion, with no rezone or lot split

Market rents can be achieved upon vacancy, creating income growth through turnover and added units

Team

Centennial Advisers

Centennial Advisers

Tom Watkins
Tom Watkins
Regional Director of Investments
Long Beach
CalDRE 01754440