NOT LISTED FOR SALE

Huntington Park, CA 90255

12 Beds
8 Baths
4,576 Sq Ft
9,864 Sq Ft Lot

Last Sold March 24, 2023

Last sale price $1,998,000 $437 Per Sq Ft

7 Days on Market

About This Home

As of March 2023

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.

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 01/19/2023

Remax Commercial and Investment Realty

Co-Listed By

Juan Cardenas

Remax Commercial and Investment Realty License #01233927

Remax Commercial and Investment Realty

Last Buyer's Agent

Juan Cardenas

Remax Commercial and Investment Realty License #01233927

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 9,864

Interior Spaces

  • 4,576 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Carport

Additional Features

  • 9,864 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 6213-021-021

Community Details

Overview

  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Living Area: 4576
  • Lot Acreage: 0.2264
  • Stories: 2
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Laundry: Community
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 436.63

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 8

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 57.50
  • Assessed Improvement Value: 486788
  • Assessed Land Percent: 42.5
  • Assessed Land Value: 359797
  • Total Assessed Value: 846585
  • Assessor Parcel Number: 6213-021-021
  • Lot Size Area: 9864

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.02
  • Number Of Units: 8
  • Type Of Units: Multifamily

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $1,998,000 0.0% $437 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $1,998,000 -- $437 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,165 $2,078,719 $1,248,480 $830,239
2024 $31,165 $2,037,960 $1,224,000 $813,960
2023 $14,744 $863,515 $366,992 $496,523
2022 $14,138 $846,585 $359,797 $486,788
2021 $13,936 $829,987 $352,743 $477,244
2019 $13,714 $805,822 $342,282 $463,540
2018 $13,192 $790,031 $335,571 $454,460
2016 $12,548 $758,923 $322,542 $436,381
2015 $12,341 $747,525 $317,698 $429,827
2014 $12,320 $732,883 $311,475 $421,408
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Petrosian

    Seller's Agent in 2023

    Nicholas Petrosian

    RE/MAX

    (949) 607-7096

    4 in this area

    49 Total Sales

    Nicholas Petrosian
    Section Image
  • Juan Cardenas

    Seller Co-Listing Agent in 2023

    Juan Cardenas

    RE/MAX

    (562) 587-5494

    1 in this area

    28 Total Sales

    Juan Cardenas
    Section Image
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Source: The MLS

MLS Number: 23-233927

The MLS
California Los Angeles County Huntington Park

90255

Not Listed for Sale

MultiFamily

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