Huntington Park, CA 90255 7034 7100 Mountain View Avenue
$3,470,000
7 more
Presented By: Rick Applebaum with Morgan Skenderian; [email protected]
SQFT • 9,683
Garage • 8
Home Details
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.
Presented By: Rick Applebaum with Morgan Skenderian; [email protected]
Interior Features for 7034 7100 Mountain View Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 7034 7100 Mountain View Avenue
Additional Parcels Description6322035015
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.6
Carport Y/NNo
CityHuntington Park
Community FeaturesCurbs, Gutters, Sidewalks
CountyLos Angeles
Days on Market
DirectionsNorth of Florence Ave and East of Miles Ave.
Electric Expense3573.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense3573.0
Garage Spaces8.0
Garage Y/NYes
Gross Income3000.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet18579.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MaintenanceExpense10000.0
MobileHomeRemainsYNNo
Net Operating Income158792.0
New ConstructionNo
NumberOfUnitsTotal17
Open Parking Spaces13.0
Operating Expense86112.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount53420.0
Tax Lot17
Taxes$53,420
TermsCash, CashToNewLoan, Conventional
Total Actual Rent20682.0
Trash Expense3573.0
View Y/NNo
Water Sewer Expense3573.0
Waterfront Y/NNo
Year Built1954
Year Built SourceAssessor
ZoningHPR3YY
Exterior for 7034 7100 Mountain View Avenue
Building Area Total9683.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.4265
Lot Size Area18579.0
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters18
Number of Separate Gas Meters18
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking21.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480