7034 7100 Mountain View AVE Active

Huntington Park,CA 90255

$ 3470000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW24176861

Originating Board California Regional MLS

Year Built 1954

Lot Size 0.427 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

Interior

Laundry Laundry Area,Washer/Dryer - Leased

Exterior

Parking Features Assigned Spaces

Garage Spaces 21.0

Pool None

Building

Water District - Public

Others

Tax ID 6322035014

Special Listing Condition Not Applicable

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