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 Parka high-demand rental market just minutes from Downtown Los Angeles. Less than $200,000/Door, this deal is unheard of! This property offers immediate upside and strong income potential, featuring 2 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 quickly maximize returns. The property also includes 4 garages with excellent potential for ADU (Accessory Dwelling Unit) conversion (buyer to verify with the 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.
| MLS # | DW26094123 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 143 |
| Listing Provided By | Excellence RE Real Estate | Suhaila Sabir |
| SQ Feet | 2,600 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 7 |
| Building(s) | 2 |
| Acreage | 0.12 |
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
| Lot Features | Rectangular Lot |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Street Lights |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Huntington Park |
| Zip Code | 90255 |
| Area | T1 Vernon | Maywood | Hunt Pk & Bell | N of Florenc |
| Listing VS Median (in 90255) | |
Price: $1,375,000 low | high Med: $1,100,000 sqft: 2,600 low | high Med: 2,484 $ / sqft: $529 low | high Med: $443 On site: 143 low | high Med: 128 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Huntington Park |
| Zip Code | 90255 |
| Area | T1 Vernon | Maywood | Hunt Pk & Bell | N of Florenc |
| Listing VS Median (in 90255) | |
Price: $1,375,000 low | high Med: $1,100,000 sqft: 2,600 low | high Med: 2,484 $ / sqft: $529 low | high Med: $443 On site: 143 low | high Med: 128 | |