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Home For Sale

Picture of Home For Sale in Huntington Park, California, United States

$3,470,000

7034-7100 Mountain View Ave
Huntington Park, California, United States

15bd 17ba

Listed By: Realtyww Info

Listed On: 08/27/2024

Listing ID: GL11407409 View More Details

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 and 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.

For more details:

Listed by: Rick Applebaum
Source: The World Property Journal

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