6322 Bissell, Huntington Park, CA 90255
6322 Bissell, Huntington Park, CA 90255
6322 Bissell, Huntington Park, CA 90255
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Glen Henderson

Glen Henderson

+1(619) 889-7646
$827,000
Est. payment /mo
6 Beds
4 Baths
8,051 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26201328

Bedrooms 6

Lot Size 8,051 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional,Exchange

Property Type Res Income 2-4 Units

Property Description

The Bissell Cottages presents an exceptional opportunity to acquire a three-unit multifamily property with significant rental upside, owner-user appeal, and long-term development potential in Huntington Park. The property consists of three detached, single-story residences totaling approximately 2,383 square feet on an 8,051-square-foot R3-zoned lot. The unit mix includes a three-bedroom, 1.75-bath front house, a two-bedroom, one-bath middle cottage, and a one-bedroom, one-bath rear unit above a four-car garage. Each residence offers a private entrance, providing a distinctive alternative to conventional apartment-style living. The property currently generates approximately $45,600 in annual gross rental income, with a projected market rent schedule of $87,000 annually, representing a potential $41,400 increase through lawful tenant turnover and lease-up at market rates. With all three units currently renting below the market levels identified in the offering memorandum, investors have an opportunity to enhance income over time while capitalizing on the property's detached-cottage configuration. Beyond its immediate value-add potential, the 8,051-square-foot residential lot offers a possible pathway to additional accessory dwelling units, subject to applicable zoning, permitting, and feasibility requirements. The existing four-car garage provides a potential starting point for future conversion, while the front residence offers an attractive owner-user opportunity to occupy a detached three-bedroom home while generating rental income from the two additional units. Strategic

Location

State CA

County Los Angeles

Zoning Assessor

Direction From Gage Ave, turn onto Bissell St. Property is mid-block between Gage Ave and Benedict Way.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 6319021023

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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MLS Router / San Diego MLS
Listed by Justin White, DRE#01267826 Justin White 

Nearby School & Business

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Glen Henderson

Glen Henderson

+1(619) 889-7646

Broker Associate CA BRE #01384181

Broker Associate CA BRE #01384181

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