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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 FEATURES
Sewer: Public Sewer
Water Source: Public
Uncovered Spaces: 13.00
# of Garage Spaces: 8.00
# of Parking Spaces: 21.00
Lot Features: Lot 10000-19999 Sqft
Number Of Buildings: 4
Parcel Identification Number: 6322035014
Year Built Source: Assessor
Common Walls: 2+ Common Walls
Laundry Features: Common Area
Laundry: Has Laundry
Zoning: HPR3YY
MLSAreaMajor: 699 - Not Defined
PROPERTY DETAILS
Street Address: 7034 Mountain View Avenue
City: Huntington Park
State: California
Postal Code: 90255
County: Los Angeles
MLS Number: PW24176861
Year Built: 1954
Courtesy of Morgan Skenderian
City: Huntington Park
State: California
Postal Code: 90255
County: Los Angeles
MLS Number: PW24176861
Year Built: 1954
Courtesy of Morgan Skenderian
Courtesy of Morgan Skenderian
