3267 E Gage, Huntington Park, California 90255, Huntington Park, 90255 - 1 bed, 1 bath
ACTIVE$750,000
3267 E Gage, Huntington Park, California 90255
1Bed
1Bath
1,456Sqft
2,614Lot
Year Built
1948
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$515
HOA
-
Days on market
-
Sold On
-
MLS number
CV25214598
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $750.0K(33th), sqft - 1456(33th), beds - 1(67th), baths - 1(67th).
This is your perfect opportunity to own 3 income units, 2 commercial spaces and a 1 bedroom unit in the back. They all have separate meters. One of the commercial units is rented the other one just vacated and the back 1 bedroom home is also rented. This won't last!!!
Nearby schools
5/10
Lucille Roybal-Allard Elementary
Public,•K-6•0.3mi
5/10
San Antonio Elementary School
Public,•K-5•0.3mi
5/10
Miles Avenue Elementary School
Public,•K-5•0.7mi
3/10
Corona Avenue Elementary School
Public,•K-5•0.7mi
5/10
Hope Street Elementary School
Public,•K-5•0.8mi
5/10
Loma Vista Elementary School
Public,•K-5•0.8mi
4/10
Huntington Park Elementary School
Public,•K-5•0.8mi
4/10
Middleton Street Elementary School
Public,•K-6•1.1mi
6/10
Nueva Vista Elementary School
Public,•K-5•1.1mi
5/10
Pacific Boulevard School
Public,•K-5•1.1mi
4/10
State Street Elementary School
Public,•K-5•1.2mi
5/10
Fishburn Avenue Elementary School
Public,•K-5•1.2mi
4/10
San Gabriel Avenue Elementary School
Public,•K-5•1.8mi
4/10
Orchard Academies 2b School
Public,•6-8•0.5mi
3/10
Henry T. Gage Middle School
Public,•6-8•0.5mi
4/10
Chester W. Nimitz Middle School
Public,•6-8•0.7mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,•6-8•1.5mi
6/10
Vernon City Elementary School
Public,•K-7•2.1mi
4/10
Huntington Park Senior High School
Public,•9-12•0.8mi
5/10
Bell Senior High School
Public,•9-12•1.1mi
5/10
Maywood Academy High
Public,•9-12•1.1mi
4/10
Elizabeth Learning Center
Public,•K-12•1.9mi
Price History
Date
Event
Price
09/10/25
Listing
$750,000
08/29/24
Sold
$515,000
Condition Rating
Fair
Built in 1948, this property is significantly aged. While the commercial spaces appear to have received recent cosmetic updates (paint, basic tile flooring) to make them rentable, there's no indication of extensive or recent major renovations for the entire mixed-use property, especially the residential unit. The exterior shows clear signs of age. The property is functional and income-producing, but major components are likely outdated, and the residential unit's kitchen and bathroom conditions are unknown but presumed to be aged given the property's overall vintage. It requires minor updates or repairs to meet modern standards.
Pros & Cons
Pros
Diverse Income Streams: The property offers a valuable mix of commercial and residential units (2 commercial, 1 residential), providing diversified income and reducing risk compared to single-use properties.
Immediate Rental Income: Two out of three units (one commercial, one residential) are currently rented, ensuring immediate cash flow for the new owner.
Separate Metering: All units have individual meters, simplifying utility management for the landlord and reducing operating expenses.
Value-Add Opportunity: The recently vacated commercial unit presents an opportunity for a new owner to secure a new tenant at current market rates or to implement improvements for increased rental income.
High Rental Demand Location: Situated in Huntington Park, a densely populated area, the property benefits from strong demand for both commercial and residential rentals.
Cons
Property Age & Potential Maintenance: Built in 1948, the property is older, suggesting potential for aging infrastructure, deferred maintenance, and higher capital expenditure requirements in the future.
Partial Vacancy: The current vacancy of one commercial unit means immediate income is not maximized, requiring the new owner to actively seek and secure a new tenant.
Limited Property Details: The provided description lacks comprehensive details regarding the condition of individual units, recent upgrades, or specific lease terms, which could lead to unforeseen costs or complexities for a buyer.