$3,470,000
7034 7100 Mountain View Avenue, Huntington Park 90255
3
Beds
3
Baths
18,579
Lot Size
17
# Of Units
Listing Agent
Rick Applebaum - Morgan SkenderianPleased 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.
Facts & Features
| MLS® # | PW24176861 |
|---|---|
| Price | $3,470,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Lot Size | 18,579 |
| Year Built | 1954 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
| # Of Units | 17 |
Community Information
| Address | 7034 7100 Mountain View Avenue |
|---|---|
| Area | 699 - Not Defined |
| City | Huntington Park |
| County | Los Angeles |
| Zip Code | 90255 |
Amenities
| Parking Spaces | 21 |
|---|---|
| Parking | Assigned |
| # of Garages | 8 |
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | August 26th, 2024 |
|---|---|
| Days on Market | 101 |
| Zoning | HPR3YY |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Rick Applebaum |
|---|---|
| Office | Morgan Skenderian |