7034 7100 Mountain View AVE Active

Huntington Park,CA 90255

$ 3470000

- Bed

- Bath

- SqFt


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

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