RealKey
‪(213) 433-7766‬

7029 Malabar Street, Huntington Park, California 90255, Huntington Park, 90255 - 4 bed, 3 bath

7029 Malabar Street, Huntington Park, California 90255 home-pic-0
ACTIVE$1,025,000
7029 Malabar Street, Huntington Park, California 90255
4Beds
3Baths
2,048Sqft
8,637Lot
Year Built
1921
Close
-
List price
$1.02M
Original List price
$1.02M
Price/Sqft
$500
HOA
-
Days on market
-
Sold On
-
MLS number
SW25163679
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.02M(87th), sqft - 2048(53th), beds - 4(80th), baths - 3(87th).

An exciting opportunity awaits you in the heart of Huntington Park! Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a smart investment, these units are ideal. The front unit is an SFR, 2- bedroom 1-bath, Living Room, Dining Room Laundry room + large kitchen, with its own private backyard + garage, while the back two units are 1-bed/1-bath each also, with a shared backyard space and their own private garages. Situated in a prime location perfect for rental properties you'll enjoy a consistent rental income without worrying about vacancies. Convenience is key to this property, as it is surrounded by foot traffic, shopping centers, restaurants, public schools, and clinics. Additionally, easy access to major transportation routes makes commuting a breeze. The electricity was updated in 2021; the garage roof has recently been replaced and new garage property access doors installed. These units boast significant income potential. The property has a total of 6 garages, potential to rent out the ones not being used, ample off-street parking. Direct access onto income property on a nearly 6,000-square-foot lot. Opportunities like this are fleeting, so seize the day and don't miss out on this incredible investment opportunity!.

Nearby schools

4/10
Middleton Street Elementary School
Public,•K-6•0.2mi
5/10
Miles Avenue Elementary School
Public,•K-5•0.5mi
5/10
San Antonio Elementary School
Public,•K-5•1.1mi
5/10
Lucille Roybal-Allard Elementary
Public,•K-6•1.1mi
5/10
Pacific Boulevard School
Public,•K-5•1.1mi
5/10
Hope Street Elementary School
Public,•K-5•1.1mi
4/10
State Street Elementary School
Public,•K-5•1.2mi
3/10
Corona Avenue Elementary School
Public,•K-5•1.7mi
5/10
Loma Vista Elementary School
Public,•K-5•1.9mi
4/10
Huntington Park Elementary School
Public,•K-5•2.0mi
4/10
San Gabriel Avenue Elementary School
Public,•K-5•2.0mi
6/10
Nueva Vista Elementary School
Public,•K-5•2.3mi
5/10
Fishburn Avenue Elementary School
Public,•K-5•2.4mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,•6-8•0.3mi
3/10
Henry T. Gage Middle School
Public,•6-8•0.7mi
4/10
Orchard Academies 2b School
Public,•6-8•1.7mi
4/10
Chester W. Nimitz Middle School
Public,•6-8•1.9mi
6/10
Vernon City Elementary School
Public,•K-7•2.0mi
4/10
Huntington Park Senior High School
Public,•9-12•0.9mi
5/10
Bell Senior High School
Public,•9-12•2.2mi
5/10
Maywood Academy High
Public,•9-12•2.3mi
4/10
Elizabeth Learning Center
Public,•K-12•2.8mi

Price History

Date
Event
Price
08/07/25
Listing
$1,025,000
Condition Rating
Poor
The property was built in 1921, making it over 100 years old. While the electrical system was updated in 2021 and the garage roof recently replaced, there is no information or visual evidence of renovations to the main living areas, including kitchens, bathrooms, plumbing, or HVAC systems. For a property of this age, it is highly probable that these critical components are severely outdated, show significant wear and tear, and would require substantial repairs and rehabilitation to meet current living standards and comfort. The lack of interior photos further supports the assumption that the interior is not a selling point and likely needs major investment.
Pros & Cons

Pros

Significant Income Potential: This multi-unit property, configured as a front SFR (2-bed/1-bath) and two rear 1-bed/1-bath units, offers substantial rental income potential, ideal for both seasoned investors and first-time buyers.
Prime Rental Location: Situated in a high-demand area of Huntington Park with ample foot traffic, proximity to shopping centers, restaurants, schools, clinics, and major transportation routes, ensuring consistent tenant demand.
Ample Parking & Garages: The property boasts a total of 6 garages and ample off-street parking, providing significant value for tenants and potential for additional rental income from unused garage spaces.
Recent Key Updates: Critical updates including updated electricity (2021), a recently replaced garage roof, and new garage property access doors mitigate immediate capital expenditures for a buyer.
Versatile Investment Opportunity: Marketed as an ideal investment for expanding portfolios or a smart first-time purchase, its multi-unit nature and location appeal to a broad range of buyers.

Cons

Age of Property: Built in 1921, the property is over a century old, which may imply potential for outdated plumbing, HVAC systems (if any), or structural issues not addressed by recent updates, requiring future capital investment.
Lack of Detailed Interior Renovation Information: While exterior and electrical updates are noted, the description lacks specifics on recent interior renovations for the individual units, suggesting potential for dated finishes, kitchens, and bathrooms that may require significant upgrades to maximize rental value.
Ongoing Maintenance Demands: As an older multi-unit income property, it will likely require continuous and potentially significant maintenance across multiple units and shared systems, which could impact net operating income and require active management.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state