7034 7100 Mountain View AVE Active Save Request In-Person Tour Request Virtual Tour
Huntington Park,CA 90255
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24176861
Year Built 1954
Annual Tax Amount $53,420
Lot Size 0.426 Acres
Property Description
Pleased to present a 17-unit apartment complex located at 7034-7100 Mountain View Avenue Huntington Park. This ±9,683 SF property, constructed in 1954, features 17 units offering an excellent mix of studios, 1 & 2-bedroom apartments. Situated on (2) lots, inclusive of garage and open parking, the property boasts a $204,118 average price per unit and offers significant rental upside potential following long-term ownership. Achieving an impressive 8.5% Cap Rate on market rents in this phenomenal rental area, this asset provides a compelling opportunity for savvy investors seeking a value-add property with strong income-generating potential.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning HPR3YY
Interior
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs,Gutter(s),Sidewalks
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard