2966 Clarendon Ave, Huntington Park, CA 90255
FOR SALE0.36 ACRES

2966 Clarendon Ave
Huntington Park, CA 90255

  • 19 Beds
  • 26 Baths
  • 14,160 sqft (on 0.36 acres)
  • 19 Beds
  • 26 Baths
  • 14,160 sqft (on 0.36 acres)

$5,300,000

Est. Mortgage $33,549/mo*

Local Information

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Description

We are pleased to present for sale, The Clarendon, a twenty-two-unit apartment building in the Huntington Park submarket of Los Angeles. Located on a quiet residential street comprised of mostly single-family homes, the property is a charming, center-courtyard, walk-up. Built in 1964, The Clarendon features a unit mix of twelve studios, two 1-bedroom/1-bath, three 2-bedroom/1-bath, and a four-bedroom/2-bath house. Recently completed in 2022 was the addition of four additional units comprised of one 2-bedroom/1-bath, one 2-bedroom/2-bath, and two 3-bedroom/2-bath. The additional units are master metered for both gas and electric. Why buy in Huntington Park? Unlike the City of Los Angeles, Huntington Park currently allows for rent increases of 5% + CPI, which is equivalent to 10%. The City of Los Angeles has not allowed rent increases since 2019 and increases on rent-controlled buildings are generally capped at no more than 4%. By allowing higher rent increases Huntington Park gives landlords great flexibility in achieving rents that are closer to market, which is especially beneficial during high inflationary periods. Another benefit is the utility costs are considerably lower in comparison to the City of Los Angeles. New ownership can continue to improve the asset by renovating units as they become vacant, implementing RUBS to recapture utility costs, replacing the leased laundry machines with landlord owned, and continue to give the below market tenants annual rent increases.

Home Highlights

Parking
Carport
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$374
Listed
73 days ago

Home Details for 2966 Clarendon Ave

Interior Features

Beds & Baths
Number of Bedrooms: 19Number of Bathrooms: 26
Dimensions and Layout
Living Area: 14160 Square Feet
Heating & Cooling
Heating: WallHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 2Levels: Multi/Split

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
Has a CarportNo Attached GarageParking Spaces: 19Parking: Detached Carport

Days on Market

Days on Market: 73

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $5,300,000Price Per Sqft: $374

Active Status

MLS Status: Active

Location

Direction & Address
City: Huntington Park

Agent Information

Listing Agent
Listing ID: 24-359147

Building

Building Area
Building Area: 14160 Square Feet

Lot Information

Lot Area: 0.36 acres

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 1Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-359147
Last check for updates: about 14 hours ago
Listing courtesy of Adam Zunder DRE # 01821053, (747) 214-0470
Iconic Investments, (747) 444-3300
Source: CLAW, MLS#24-359147

Price History for 2966 Clarendon Ave

DatePriceEventSource
02/16/2024$5,300,000Listed For SaleCLAW #24-359147
04/18/2023ListingRemovedCLAW #23-244621
02/23/2023$5,490,000Listed For SaleCLAW #23-244621
05/28/2021$3,200,000Sold
CRMLS #ND21068416
04/13/2015$2,075,000Sold
CLAW #15826971
04/08/2015$2,225,000PendingAgent Provided

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What Locals Say about Huntington Park

  • Norma G.
    "Every one is mellow and minds there business everyone respects there space ... no issues no problems "
    0
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  • Silvia C.
    "I've lived in the neighborhood for 5yrs and everything is local. Bus lines, restaurants, school's and parks. "
    0
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  • Tonyramos902
    "We have annual Christmas parade down pacific Blvd which is always a big hit! It includes celebrities and a lot of people from city hall and include multiple performers & schools. Also the HP FAIR that happens twice a year"
    4
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  • Tania L.
    "There’s a lot of crime here. No parking on the streets. This city is so dense that there is NEVER any parking"
    7
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  • Csolterorosas
    "Everything is so close by and everyone is really friendly Most of the community is Spanish speaking people Community keeps growing "
    1
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  • Brunchwear
    "My commute is not bad. I actually do not get a lot of traffic. I recommend living here. But don’t move here. We full"
    2
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  • Oliver L.
    "There is a fair in May and another around thanksgiving It’s kook nothing huge but nice and humble "
    1
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  • Apolvar.1951
    "A family neighborhood that has now gone to drugs, Gangs and violence. It was a highly popular commercial area at one time but now it’s an unsafe dirty community "
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  • Csolterorosas
    "That the kids are save in the neighborhood and that we have great schools for them Also to be able to see my grandchildren grow up here"
    1
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  • Bionicos P.
    "I love Huntington Park because there is a lot oh Parks in the area and it’s important to know and to visit them"
    1
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  • Joceleon2007
    "I feel like most people don’t care about what your situation is and like there is not much care if nice people in my perspective...and like I mean I like community’s that are like noise cause that just makes me feel same and that someone is watching others "
    0
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  • Trulia User
    "it's an ok city. it can improve putting small parks. salt lake usually is bad. not so nice to walk around. it's full of shops with horrible fachada. "
    0
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  • Timothy J.
    "It’s a friendly place. Lots of people. Different cultures. Great shops. Great food choices. "
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  • Marwahabchi90
    "Be careful of dogs with no leashes walking around and some of them are aggressive . I don’t see kids playing outside too"
    0
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  • G33
    "Poor Huntington Park has gone down and will keep going into ruin. For the past 15 years more and more people have been moving in not only over crowding the town but having no sense or respect for neighbors and keeping their yards or homes clean. Good luck finding a parking spot. Things get stolen off your porch. Neighbors acts like everyone is their enemy. Police don’t do anything if you call. The might arrest the caller. Great city for criminals. "
    5
    Flag
  • Janae M.
    "There’s not really anything special about this neighborhood. It’s just your average neighborhood. The only nice thing is that there’s little shopping centers around, and there’s a mixture of all races and there’s friendly people most of the time."
    3
    Flag
  • Viviguti324
    "Family has lived here since the early 70s. Growing up it was a nice neighborhood. About 15 years ago it started to change. Now it’s over crowded with people who don’t respect the public. Sadly it’s it’s only getting worse. "
    3
    Flag
  • Francia G.
    "they have fairs and parades during holidays and they hold certain events during certain holidays for kids and adults "
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  • Jjaime7675
    "Long commute to freeways since the city is located in between four freeways. A lot of traffic too in the area "
    1
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  • Nancyeve75
    "This area is mostly families older and very quite to live stores and restaurants in walking distance "
    1
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  • Lorenzo R.
    "Pacific Boulevard fair twice a year and traditional parades... best of all all freeways are either connected to the city or near by... best public safe transportation by Metro and lots comerce and shopping centers and restaurants to have a business or family time... HP is its nickname and it is the best city a have ever lived... i move out but there is something in the city that makes come back... cannot say enough... you got to live in it to believe it.........."
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  • Noel S.
    "they wouldn't like the fact that some owners leave there dogs to use the bathroom on someone lawn . "
    1
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  • Isabella711990
    "You see dog owners walking their dogs in the afternoon and there is people outside most of the time so the street isnt lonely. "
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  • Stark
    "There’s NO parking. After 6pm you’re doomed. The people that live on houses tend to double park which makes for people like me that live in apartments hard to find parking. "
    5
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  • Vodavidhpstanton
    "There is a lot of dog walker around the city especially at night when it cools off and it is hot in the house every is walking there dogs. There are side walks and people walking all the time."
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  • Jose S.
    "I use to live around the area for almost 5 years.i live in the area of paramount close to Downey so I was looking for something around the area ."
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  • Annia R.
    "There’s never parking. Trust me NEVER! so don’t own a car. I live in an apartment and it’s really frustrating. Home owners around don’t understand, they park their cars outside their house instead of their driveway, knowing that us as apartment residents struggle with parking. To make it worse, the double park, because they believe that they own the street. Don’t live here it’s horrible. "
    7
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  • Sara s.
    "i don't know, stay to myself to avoid any issues with the people around. there's bad parking people own homes with plenty of parking spave and still park on the street"
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  • Vanessaavila219
    "Salt Lake Park usually host some events especially for 4th of July and there’s the Maywood Fair every year on Slauson Ave."
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  • Keichlinevr
    "people don't supervise their animals..... they run wild and can attack or destroy your yard..... or screw with your animal"
    0
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  • Sancheza51 a.
    "I've lived here my entire life, neighbors are kind, the community is kind and there's enough things to do around to have a day full of activities."
    2
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  • Adxoswangin33112
    "Huntington Park in general is overcrowded and overpriced... much like the rest of Los Angeles......."
    3
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LGBTQ Local Legal Protections

Adam Zunder, Iconic Investments
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2966 Clarendon Ave, Huntington Park, CA 90255 is a 19 bedroom, 26 bathroom, 14,160 sqft multi-family built in 1964. This property is currently available for sale and was listed by CLAW on Feb 16, 2024. The MLS # for this home is MLS# 24-359147.