Mohr Real Estate Group

Mohr Real Estate Group

7034 Mountain View Avenue Huntington Park CA 90255 MLS #PW24176861

7034 Mountain View Avenue
Huntington Park, CA, 90255
$3,470,000
Beds
0 Baths
SqFt
0.43 Acres
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$3,470,000
7034 Mountain View Avenue
Huntington Park, CA, 90255
MLS #PW24176861 img 0

Property Description


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 &#38' 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 Details

Price:
$3,470,000
MLS #:
PW24176861
Status:
Active
Baths:
0
Address:
7034 Mountain View Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
699notdefined
City:
Huntington Park
Listed Date:
Aug 26, 2024
State:
CA
ZIP:
90255
Lot Size:
18,579 sqft / 0.43 acres (approx)
Year Built:
1954

Schools

Interior

Exterior

Community Features
Curbs, Gutters, Sidewalks
Garage Spaces
8.00
Lot Features
Lot 10000-19999 Sqft
Parking Features
Assigned
Parking Spots
21.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

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7034 Mountain View Avenue
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