Address: 7034 Mountain View Ave, Huntington Park, CA 90255, USA
Created date: August 12, 2024
Date last updated: January 19, 2025
- Excellent Mix of Studio, 1 & 2-Bedroom Units
- $204,118 per Unit
- Large Lot with Garage & Open Parking
- Massive Rental Upside From Long-Term Owner
- 8.5% Cap Rate on Market Rents
- Phenomenal Rental Area
Property Description
Morgan Skenderian is 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.