7034 Mountain View Avenue, Huntington Park, CA 90255
For Sale
7034 Mountain View Avenue, Huntington Park, CA 90255
Overview
Property ID: SGR-33830881
- Residential Income
- 8.00
- 1954
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
Open on Google Maps- 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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