2565 Cass Place

• 86% Two-Bedroom Units: ideal for families and long-term tenants.
• Value-Add Opportunity: Potential for up to 50% rental upside with market-rate adjustments, providing a significant boost in ROI.
• Residential Location: Situated on a residential street just off Long Beach Blvd, offering tenants a peaceful environment with easy access to major thoroughfares.
• High Market Cap Rate of 8.39%: Strong market cap rate, enhancing potential returns for investors.
• Additional Income Potential: Opportunity to increase revenue with added storage solutions for tenants.
• Proximity to Amenities: Close to schools, parks, shopping, and public transit, adding appeal for potential renters.

Property Description

SVN is proud to present 2565 Cass Place in the Walnut Park area of Huntington Park which is an opportunity with significant rental upside potential. Built in 1945 with 3,991 rentable square feet on a 6,626-square-foot lot, this property features a desirable unit mix: One 1-bedroom, 1-bathroom unit and Six 2-bedroom, 1-bathroom units, appealing to a broad tenant base. All units are separately metered for gas and electricity, aside from two connected to the master meter, enhancing operational efficiency for new ownership. Situated on a quiet residential street just off Long Beach Blvd, the property enjoys a blend of urban convenience and suburban charm. A single on-site parking space adds value for tenants, and the property’s pitched roofs contribute to its classic curb appeal. With current rents below market, this property offers investors an excellent opportunity to capitalize on rent growth and increase cash flow. Positioned near essential transit hubs, major employment centers, and Huntington Park’s local amenities, this asset combines a prime location with strong growth potential. With considerable rental upside, this multifamily property presents a promising investment opportunity. Its current rents are below market, allowing new owners to unlock potential cash flow growth by bringing them in line with the area. Positioned in a dynamic and culturally rich neighborhood, this property is a rare find that combines location, community appeal, and investment potential.