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$1,750,000

Beds
Unknown
sq ft
Unknown

7716 California Ave, Huntington Park, CA 90255

7716 California Ave

Huntington Park, CA 90255

  • 8 days on market
    • Price drop $50,000↓
Amazing Investment opportunity 7-unit building in the city of Huntington Park. The property is on a raised foundation for easy access to maintenance. The property consists of 3 One-bedrooms and 4 Studios all individually metered. All units have been upgraded with luxury flooring, white wood cabinets, and white quartz countertops(See Pictures). The Property is 100% ocuipied with month to month tenants . .The property also has 4 car garage spaces with potential to be converted into ADUs for extra income..

Details

Property type

Mixed Use

Est. home value

$1,064,138

Lot size

5,436 sq ft

Price per sq ft

Unknown

Year built

1938

HOA

No

Price History

11/16/2024
CRMLS

CRMLS #DW24232905

Price change
$1,750,000
-2.78%
11/12/2024
CRMLS

CRMLS #DW24232905

Listed
$1,800,000
+10.77%
11/14/2023
CRMLS

CRMLS #OC23172759

Sold
$1,625,000
+88.95%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Scorpion Investments Llc

Loan start date

October 2023

Original loan amount

$1,137,500

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

Commercial, 1 year

Seller

Ahmad Aminilari

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/20/2024 at 12:50 AM

Listing updated: 11/15/2024 at 9:10 PM

Listed by: Suhaila Sabir, Excellence RE Real Estate Phone #: (562) 299-9201

MLS: CRMLS #DW24232905

CRMLS logo

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