Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

7

Building size

2,600 sqft

Lot size

5,436 sqft

Year built

1938

Stories

2

Garage spaces

4

Cooling

None

Pool

None

Status

Active

Days on market

107

MLS #

241619378

About this property

Attention Investors! Prime 7-Unit Opportunity with Value-Add Potential Near Downtown LA! Exceptional opportunity to own a 7-unit income property located at 7716 California Ave in the centrally located city of Huntington Park—a high-demand rental market just minutes from Downtown Los Angeles. Less than $200,000/Door, this deal is unheard of! This property offers immediate upside and strong income potential, featuring 2 vacant units ready to be leased at current market rents, allowing a new owner to increase cash flow from day one significantly. With rental demand continuing to grow in Huntington Park, this is a rare opportunity to stabilize and quickly maximize returns. The property also includes 4 garages with excellent potential for ADU (Accessory Dwelling Unit) conversion (buyer to verify with the city)—creating additional income streams and long-term value appreciation. Ideally located near major freeways, public transportation, shopping, dining, and employment centers, tenants enjoy convenient access to everything Downtown Los Angeles has to offer while benefiting from more affordable housing options.

Location

7716 California

Huntington Park, Los Angeles, CA, 90255