7034 Mountain View Avenue, Huntington Park, CA 90255

  • $3,470,000
  • $358
7034 Mountain View Avenue, Huntington Park, CA 90255
  • Residential Income
  • Property Type
  • 8.00
  • Garages
  • 1954
  • Year Built
For Sale
7034 Mountain View Avenue, Huntington Park, CA 90255
  • $3,470,000
  • $358

Overview

Property ID: SGR-33830881
  • Residential Income
  • Property Type
  • 8.00
  • Garages
  • 1954
  • Year Built

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.

  • Address 7034 Mountain View Avenue
  • City Huntington Park
  • State/county CA
  • Zip/Postal Code 90255
  • Area 699 - Not Defined
  • Country United States

Details

Updated on September 12, 2024 at 10:15 am
  • Property ID: SGR-33830881
  • Price: $3,470,000
  • Land Area: 18579.00 m²
  • Garages: 8.00
  • Year Built: 1954
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 9683.00
  • MLS#: PW24176861
  • Office Name: MORGAN SKENDERIAN
  • Agent Name: Rick Applebaum
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Morgan Skenderian
  • Co-Agent Name: Doug Rodermund
  • Agent State License: 01273871
  • Co-Agent State License: 01314304
  • IDX Contact Info: rma@morganskenderian.com

Additional details

  • Sewer: Public Sewer
  • Tax Annual: 53420.00
  • County: Los Angeles
  • Property SubType: Commercial/Residential
  • Parking: 21.00
  • Water Source: Public

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