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 just north of Florence in Los Angeles County, California. This dynamic region is a tapestry of culture, community, and opportunity, offering a unique blend of urban accessibility and suburban charm.

Vernon, with its rich industrial history, is known for its close-knit community and thriving local businesses. Just a stone's throw away, Maywood boasts a diverse population and an array of parks, perfect for family outings or leisurely strolls. Huntington Park, a bustling hub, features a lively downtown area filled with shops, restaurants, and cultural events that bring residents together. Bell, with its quaint charm, offers a quieter lifestyle while still being conveniently close to the excitement of the city.

One of the standout features of homes in this area is their multi-level stories, providing ample space for families to grow and thrive. These multi-story residences offer a variety of layouts, catering to different lifestyles and preferences. Whether you’re looking for an expansive family home with room for everyone or a cozy space that maximizes every square foot, you’ll find a plethora of options here.

With excellent schools, public transportation, and a strong sense of community, Vernon, Maywood, Huntington Park, and Bell are not just places to live—they're places to call home. Embrace the opportunity to become part of these vibrant neighborhoods and discover the perfect multi-level home that suits your lifestyle. Your dream home awaits in this charming corner 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.