7034 Mountain View Avenue
Huntington Park, CA 90255
0.43 acres | #PW24176861
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.
Property Details
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$3,470,000
- MLS #PW24176861
- MLS #PW24176861
- Property SubtypeMixedUse
- Taxes Annual$53,420
- Cost3470000
- Acres0.4265
- Utility SourcePublic
- Year Built1954
- Stories2
- Parking Spaces8
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Rick Applebaum (#PAPPLRIC)
Listing Office: Morgan Skenderian (#PB8846)
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