7512 California Ave - Apartments FOR SALE


Huntington Park, CA 90255
$1,375,000 USD
310-938-9707
7512 California Ave, Huntington Park, CA for Sale
$1,375,000 USD
Apartments - FOR SALE
1/10
null | 6.15% Cap Rate

7512 California Ave
Huntington Park, CA 90255


HIGHLIGHTS

  • First time on Market in over 47 Years
  • 3 Garages (5 Parking Spaces)
  • Upgraded Plumbing with PVC and Copper
  • New Roof and Windows, Freshly Painted
  • On-Site Laundry
  • Peaceful Courtyard with Common Area in the Rear

OVERVIEW

We are pleased to present 7512 California Avenue in Huntington Park, CA, a seven-unit multifamily property offered for sale for the first time in over 47 years. This well-maintained asset features a diverse unit mix of one three-bedroom unit, four one-bedroom units, and two studio apartments, appealing to a broad tenant base. The property has undergone meaningful capital improvements, including upgraded plumbing with PVC and copper, a new roof, new windows, and fresh exterior paint. Additional amenities include three garages providing five parking spaces, on-site laundry, and a peaceful rear courtyard common area. Located just blocks from Salt Lake Park, this offering presents investors with stable in-place income and long-term growth potential in a strong rental submarket. For more information, please reach out.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$296 USD /SF

# OF UNITS

7

PRICE/UNIT

$196,429

CAP RATE

6.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,974 SF

ZONING

HPCN*

APN/PARCEL ID

6214-003-003

ASK ABOUT THIS PROPERTY

Stefan IgnjatovicMarcus & MillichapMore Info
310-938-9707

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Stefan IgnjatovicMarcus & MillichapMore Info
310-938-9707

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.