Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Homes with Multi Level Stories

Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Homes with Multi Level Stories

Welcome to the vibrant neighborhoods of Vernon, Maywood, Huntington Park, and Bell, nestled in the heart of Los Angeles County, California. This dynamic region is known for its rich cultural diversity, making it a melting pot of traditions, cuisines, and community spirit. With a prime location just south of downtown Los Angeles, residents enjoy the perfect blend of urban convenience and suburban charm.

The area is well-connected with an array of public transportation options, making commuting a breeze. Whether you’re heading to work or exploring the local hotspots, you’ll find that everything you need is just a stone's throw away. The neighborhoods boast a variety of parks, shopping centers, and dining establishments, ensuring that there’s always something to do.

For those in search of a home that offers both style and functionality, the multi-level story homes in this region present an exceptional opportunity. These residences provide ample space for families, featuring well-designed layouts that maximize both comfort and privacy. With multiple stories, you can enjoy designated living areas, private retreats, and even the potential for a home office or guest suite.

Imagine unwinding in your cozy living room or entertaining friends on a spacious deck with views of the neighborhood. The multi-level homes in Vernon, Maywood, Huntington Park, and Bell are not just places to live; they are spaces where memories are made and traditions are born. Embrace the chance to be part of a community that values connection, diversity, and the joys of homeownership. Explore the possibilities today and discover your dream home in this thriving Los Angeles enclave!

Newest Vernon, Maywood, Hunt Pk & Bell, N of Florenc (T1) Homes with Multi Level Stories

$5,300,000
19 Beds 26 Baths 24359147 MLS Active Status
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.

2966 Clarendon Avenue, Huntington Park

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.