Huntington Park, CA 90255 7716 California Avenue
$1,668,000
14 more
Presented By: Suhaila Sabir with Excellence RE Real Estate; 323-350-4561
- MLS# DW24232905
- 11/12/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 3
Baths • 7
SQFT • 2,600
Garage • 4
Home Details
Huge Price reduction , for a fast sale.
WAW 7% CAP Rate with potential increase the cap to 11% (after converting the garages into ADU).
Amazing Investment opportunity 7-unit building in the city of Huntington Park. The property is on a raised foundation for easy access to maintenance. The property consists of 3 One-bedrooms and 4 Studios all individually metered. All units have been upgraded with luxury flooring, white wood cabinets, and white quartz countertops(See Pictures). The Property is ocuipied with month to month tenants . .The property also has 4 car garage spaces with potential to be converted into ADUs for extra income.
Presented By: Suhaila Sabir with Excellence RE Real Estate; 323-350-4561
Interior Features for 7716 California Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInGarage
Total Stories1
Other Rooms
Entry Level1
General for 7716 California Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityHuntington Park
Community FeaturesSidewalks
CountyLos Angeles
DirectionsBetween Florence Ave and Santa Ana Ave
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense2000.0
Garage Spaces4.0
Garage Y/NYes
Gross Income183996.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense6790.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsExchange1031
Lot Size Square Feet5436.0
Lot Size UnitsSquareFeet
MLS AreaT1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
MobileHomeRemainsYNNo
Net Operating Income167406.0
New ConstructionNo
Number Of Units Total7
Number of Units Leased7
Operating Expense16590.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot136
Tenant PaysElectricity
Trash Expense3000.0
Water Sewer Expense4800.0
Waterfront Y/NNo
Year Built1938
Year Built SourceAssessor
ZoningHPCN*
Exterior for 7716 California Avenue
Building Area Total2600.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesWalkstreet
Lot Size Acres0.1248
Lot Size Area5436.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters7
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate