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.
MLS #
CRPW24176861
MLS Source
California Regional MLS
Days on Site
90
Garage/Parking
Assigned Spaces, Garage: 8 Car(s)
Listing Agent
Rick Applebaum
Morgan Skenderian
License #: 01273871
Phone: –
Co-Listing Agent
Doug Rodermund
License #: 01314304
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
4 | – | – |
7034 7100 Mountain View Ave is a Residential Income in Huntington Park, CA 90255. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,470,000 and was built in 1954.
This address can also be written as 7034 7100 Mountain View Ave, Huntington Park, CA 90255.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 26, 2024. For the most current information, please contact Rick Applebaum