Listing Courtesy of: Rick Applebaum - Morgan Skenderian
$3,470,000
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7034 Mountain View Avenue Huntington Park, CA 90255
Other
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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 p...roperty 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.
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MLS#
CRPW24176861
Property Type
Other
Year Built
1954
Lot Size
0.43
Sewer
Public Sewer
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