Courtesy of: Remax Commercial And Investment Realty
Address: 7713 California
County: Los Angeles
City: Huntington Park
Neighborhood: T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud
7713 California Avenue is an 8-unit multifamily investment asset located in the highly desirable rental market of Huntington Park. The property features (4) two-bedroom units and (4) one-bedroom units with (8) carport parking spaces on 9,863 square feet of prime Southern California land. Some features and improvements include newer windows, individual meters for both gas and electricity and on-site laundry. Furthermore, the current loan in the amount of $949,800 at 3.80% fixed until April 2025 is assumable. The subject property has been in the same family for decades and is an excellent investment opportunity because of it's great location, strong unit mix and upside in rental income.