7034 Mountain View AveHuntington Park, CA 90255

This exceptional value-add multifamily investment presents a compelling opportunity in Huntington Park, California. The property, located at 7034 Mountain View Avenue, consists of a 17-unit apartment building totaling approximately 9,683 square feet, situated on two parcels (APN: 6322-035-014, 6322-035-015) encompassing 18,579 square feet. Built in 1954, the two-story complex comprises three buildings and offers a diverse mix of studio, one-bedroom, and two-bedroom units, providing significant rental upside potential. The current asking price is $3,470,000, translating to approximately $204,118 per unit and $358.36 per square foot. The property features on-site garage and open parking. The current Net Operating Income (NOI) is $158,792, yielding a 4.58% cap rate. However, a pro-forma analysis projects a significantly higher NOI of $296,068, resulting in an attractive 8.53% pro-forma cap rate, reflecting the substantial rental growth potential. This fee-simple ownership opportunity is ideal for investors seeking a strong return on investment in a high-demand rental market. The property's location in Los Angeles County, zip code 90255, offers convenient access to local amenities and transportation. This is a rare chance to acquire a well-positioned multifamily asset with considerable upside potential.