7034 Mountain View Avenue, Huntington Park, CA 90255
- $3,470,000
- $358
- $3,470,000
- $358
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
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Address: 7034 Mountain View Avenue
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City: Huntington Park
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State/county: CA
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Zip/Postal Code: 90255
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Area: 699 - Not Defined
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Country: United States
Details
Updated on September 12, 2024 at 10:15 am-
Property ID SGR-33830881
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Price $3,470,000
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Land Area 18579.00 m²
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Garages 8.00
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Year Built 1954
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Property Type Residential Income
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Property Status For Sale
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Living Area 9683.00
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MLS# PW24176861
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Office Name MORGAN SKENDERIAN
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Agent Name Rick Applebaum
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MLS Status Active
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Living Area Prefix Sqft
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Co-Office Name Morgan Skenderian
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Co-Agent Name Doug Rodermund
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Agent State License 01273871
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Co-Agent State License 01314304
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IDX Contact Info rma@morganskenderian.com
Additional details
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Sewer Public Sewer
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Tax Annual 53420.00
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County Los Angeles
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Property SubType Commercial/Residential
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Parking 21.00
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Water Source Public
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