Property listed by Excellence RE Real Estate, Suhaila Sabir 323-350-4561
$1,450,000
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.
This property offers immediate upside and strong income potential, featuring 4… Read More 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 maximize returns quickly.
The property also includes 4 garages with excellent potential for ADU (Accessory Dwelling Unit) conversion (buyer to verify with 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. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.12 Acres
Year Built
1938
MLS Number
DW26094123
Additional Details
Building
Built in 1938, 2 buildings, 2 stories, Entry level: 2, Entry location: 2
Community
StreetLights
Cooling
None
Expenses
Electric: $1, Fuel: $1, Water/Sewer: $1
Garage
4 spaces
Income
Gross Income: $70,632, Gross ScheduledIncome: $70,632, Net Operating Income: $70,632
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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