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 offers a unique blend of urban convenience and community charm, making it an ideal place for families, young professionals, and anyone seeking a lively lifestyle.

Vernon is known for its industrial roots, but it also boasts a burgeoning residential scene, providing a diverse array of housing options. Just a stone's throw away, Maywood offers a tight-knit community atmosphere with parks and local shops that cater to everyday needs. Huntington Park, with its rich cultural heritage, is a hub of activity, featuring bustling markets and delightful eateries that celebrate the area's diversity. Bell, with its charming residential streets, rounds out this region, providing a peaceful environment with easy access to urban amenities.

For those seeking homes with multi-level stories, this area is truly a treasure trove. Many properties feature spacious layouts that maximize living space and offer an abundance of natural light. Multi-level homes in this region not only provide the perfect backdrop for family gatherings and entertaining but also offer the privacy and tranquility that many desire. With a variety of styles to choose from, including modern designs and classic architecture, there’s something to suit every taste.

Whether you’re drawn by the community spirit, the cultural richness, or the architectural diversity, Vernon, Maywood, Huntington Park, and Bell are waiting to welcome you home. Experience the best of Southern California living in this enchanting part of Los Angeles County!

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.