7034 7100 Mountain View AVE Active Save Request In-Person Tour Request Virtual Tour
Huntington Park,CA 90255
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,683 sqft
Price per Sqft $358
MLS Listing ID PW24176861
HOA Y/N No
Year Built 1954
Annual Tax Amount $53,420
Lot Size 0.426 Acres
Acres 0.4265
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
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Assigned
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs,Gutter(s),Sidewalks
Parking Type Assigned
Total Parking Spaces 21
Private Pool No
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6322035014
Energy Description 3573.0
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard