We are excited to announce Kingside Investment Group has closed escrow on the apartments at 2610 Broadway Avenue in Huntington Park.

This transaction began with a long-term ownership story — the sellers purchased the property from the developer over 40 years ago. After decades of stability, the past few years brought mounting challenges such as an increase in insurance and operating costs.

We agreed on the price and swiftly brought the property to the market. The seller chose to work with our team due to our impressive track record of successful sales throughout South LA and Southeast LA.

The response from the market was immediate and strong, attracting interest from local investors and mom-and-pop operators. We were able to procure five offers within the first week of marketing the property. We converted these offers into tours due to the vacancy at the building. This generated competitive activity and resulted in multiple fully non-contingent offers that met the seller’s expectations and led to closing shortly thereafter.

We were able to deliver strong results for the sellers, while also securing a quality asset for a motivated buyer. If you’re considering a sale, please reach out to us. We are always available to provide honest insight and help you navigate today’s shifting market landscape.

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