For Sale Triplex MLS# PW26201328

6322 Bissell

Huntington Park, CA 90255

$827,000

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About 6322 Bissell

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.

Strategically positioned on the eastern edge of Huntington Park, the property benefits from proximity to the Vernon and Commerce industrial employment corridor, approximately 45,000 private-sector jobs within one to two miles, and convenient access to Gage Avenue and major regional freeways. With its below-market in-place rents, detached residential layout, four-car garage, and potential to expand from three units to as many as six, The Bissell Cottages offers investors and owner-users a compelling opportunity to pursue income growth and long-term value creation in an established Los Angeles County rental market.

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1946
Stories
1
Living area
2,383 sqft
Price / sqft
$347
Lot
0.1848
Original price
$874,000
MLS #
PW26201328

Exterior & lot

Features
Parking spaces: 4
Construction
1
Lot
6319021023
Garage spaces
4

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Parcel
6319021023
Special conditions
Standard

Location

Area
T5 - WalnutPk, HuntPk, Bell N of Florence, and Cud
County
Los Angeles
Directions
From Gage Ave, turn onto Bissell St. Property is mid-block between Gage Ave and Benedict Way.

Ask about this property

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Listed by Justin White, Justin White

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.