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.
Property Details
Property Features
Property Information:
Year Built: 1964
Stories: 2
Living Area: 14,160 SqFt
Listing Office:
Office Name: Iconic Investments
Office Phone: (747) 444-3300
Listing Agent: Adam Zunder
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 19
Exterior Features
Parking Information:
Attached Garage: No
Parking: Detached Carport
Lot Features
Lot Information:
Lot Size: 0.36 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
School Info
Assigned Schools Information:
Huntington Park Senior High School, Public District Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Henry T. Gage Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
San Antonio Elementary School, Public Magnet Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: Great Location in Huntington Park on a quiet residential street. Just east of Pacific Blvd and Just south of Slauson Avenue.
Price Information
Listing Price Info
Price Summary:
List Price: $5,300,000
Price Per SqFt: $374/SqFt
Tax Information:
Annual Amount: $36,273
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Huntington Park, CA.
This property is $4.6M more than the Median List Price and $74/SqFt less than other homes in Huntington Park, CA.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24359147
Listing Office:
Office Name: Iconic Investments
Office Phone: (747) 444-3300
Listing Agent: Adam Zunder
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 3/28/2024, 7:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 01, 2021
Jun 01, 2021Home Sold
$3,200,000
Dec 20, 2001
Dec 20, 2001Home Sold
$750,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$36,273
$2,307,597
2020
$35,136
$2,280,294
2019
$34,511
$2,235,583
2018
$33,732
$2,191,749
2017
$33,732
$2,148,775
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
San Antonio Elementary School
6222 State St
Distance between this listing and this school0.23 miles
Public Magnet Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school10.19 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school19.06 miles
Public Magnet Grades KG-5
Middle School
5
/10
Henry T. Gage Middle School
2880 E Gage Ave
Distance between this listing and this school0.18 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.47 miles
Public District Grades 6-8
High School
2
/10
Huntington Park Senior High School
6020 Miles Ave
Distance between this listing and this school0.29 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school3.77 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school21.78 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
San Antonio Elementary School
6222 State St
Distance between this listing and this school0.23 miles
Public Magnet Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school10.19 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school19.06 miles
Public Magnet Grades KG-5
Assigned Schools
5
/10
Henry T. Gage Middle School
2880 E Gage Ave
Distance between this listing and this school0.18 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.47 miles
Public District Grades 6-8
Nearby Schools
3
/10
Orchard Academies 2b
6411 Orchard Ave
Distance between this listing and this school0.96 miles
Public District Grades 6-8
Assigned Schools
2
/10
Huntington Park Senior High School
6020 Miles Ave
Distance between this listing and this school0.29 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school3.77 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school21.78 miles
The neighbors living near this home have an average income of $46,106. The majority of Huntington Park, CA residents have income between $35k-100k annually. The most common type of family is married, with kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Living In The Southeast, Huntington Park
What type of housing is available in The Southeast, Huntington Park?
In The Southeast, many dwellings are single detached homes, while the rest are mainly large apartment buildings and small apartment buildings. Most of the housing growth in this part of the city happened before the 1960s. This community offers mainly two bedroom and three bedroom homes. The split between renters and homeowners is about even.
Is The Southeast, Huntington Park a good place to live?
The character of The Southeast is exemplified by its relaxed environment. This area is quiet, as the streets are generally quite peaceful - although that is not the case around Long Beach Freeway, Interstate 605, the airport (Compton Woodley Airport) or one of the railway lines. Finally, access to parks from the majority of locations in the community, including Friendship Park and Veterans Memorial Park, is easy, since there are over 250 of them close by for residents to discover and getting to the closest park is sometimes challenging from the majority of homes for sale.
Are things conveniently located in The Southeast, Huntington Park?
Both primary and secondary schools are convenient to access on foot from anywhere in The Southeast. Residents have the option of public and private schools at both the elementary and high school level. Concerning eating, property owners in The Southeast will value that a grocery store is always only a short walk away. Likewise, this area is a good place in which to go out to eat, and residents benefit from over 350 cafes as well. It is also easy to get to a selection of clothing stores on foot.
What does the transportation in The Southeast, Huntington Park look like?
Active people will enjoy the walk-friendly nature of The Southeast; many common errands can be run on foot. The public transit service in The Southeast is not very frequent. Nonetheless, commuters profit from the Montebello/Commerce Station, Norwalk/Santa Fe Springs Station and Commerce Station on the RIverside Line, Orange County Line and 91/Perris Valley Line. The community is connected by over 50 bus lines, and bus stops are not very far from most houses. However, the best mode of transportation in this part of the city is usually a car. The majority of real estate listings are a rather short drive from the nearest highway, such as San Gabriel River Freeway, and it is convenient to park.
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Frequently Asked Questions About 2966 Clarendon Ave
What is the listing price of this property?
The listing price of 2966 Clarendon Ave property is $5,300,000.
What type of property is this?
The property 2966 Clarendon Ave is a house located in Huntington Park, California, 90255.
Is this property for sale now?
Active Listing: 2966 Clarendon Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2966 Clarendon Ave are: San Antonio Elementary School: GreatSchools Rating 5/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Point Fermin Elementary School: GreatSchools Rating 6/10Henry T. Gage Middle School: GreatSchools Rating 5/10Studio: GreatSchools Rating 4/10Huntington Park Senior High School: GreatSchools Rating 2/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $36,273 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 1, 2021 for $3,200,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2966 Clarendon Ave has 19 bedrooms and 26 bathrooms.
What is the square footage of this property?
The property 2966 Clarendon Ave is 14,160 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2966 Clarendon Ave is 1964.
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This home is located at 2966 Clarendon Ave in Huntington Park, CA and zip code 90255 in the The Southeast neighborhood. This 14,160 square foot home, which was built in 1964, sits on a 0.36 acre lot. Features: 19 bedrooms, 26 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $5,300,000.
The number of homes for sale in Huntington Park, CA increased by 15.4% between January 2024 and February 2024. While the average time on the market in February 2024 was 74 days, the median list price was $639,000.
From Rocket Homes Real Estate and based on county public records data.