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$3,470,000

Beds
Unknown
sq ft
9,683

7034 7100 Mountain View Ave, Huntington Park, CA 90255

7034 7100 Mountain View Ave

Huntington Park, CA 90255

  • 86 days on market
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.

Details

Property type

Mixed Use

Lot size

0.4265 acres

Price per sq ft

$359

Year built

1954

Annual property taxes

$53,420

Price History

08/26/2024
CRMLS

CRMLS #PW24176861

Listed
$3,470,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

Status: Active

Tomo last checked: 11/20/2024 at 12:30 AM

Listing updated: 10/19/2024 at 4:40 AM

Listed by: Rick Applebaum, Morgan Skenderian Phone #: (949) 251-8800

MLS: CRMLS #PW24176861

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