Huntington Park, CA 90255 7108 Albany Street
$750,000
2 more
Presented By: Tony Lopez with Berkshire Hathaway HomeService; 562-762-7403
Beds • 5
Baths • 3
SQFT • 1,892
Year Built • 1922
Home Details
An exciting opportunity awaits with this triplex in the heart of Huntington Park! Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a smart investment, these units are ideal. The front unit is a 3-bedroom and 1-bath home, while the back two units are 1-bed/1-bath each. Situated in a prime location perfect for rental properties, you'll enjoy consistent rental income without worrying about vacancies. Convenience is key to this property, as it is surrounded by foot traffic, shopping centers, restaurants, public schools, and clinics.
Additionally, easy access to major transportation routes (91, 105, 110, 405, and 605 freeways) makes commuting a breeze. While these units require tender loving care (TLC), the roof has recently been replaced with a 25-year roof shingle. These units boast significant income potential. The property has ample parking from the front and alley access on a nearly 6,000-square-foot lot. Opportunities like this are fleeting, so seize the day and don't miss out on this incredible investment chance!
Presented By: Tony Lopez with Berkshire Hathaway HomeService; 562-762-7403
Interior Features for 7108 Albany Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile, Vinyl
Heating Y/NYes
Interior AmenitiesAllBedroomsDown
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 7108 Albany Street
AccessibilityParking
Additional Parcels Y/NNo
Architectural StyleContemporary
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.93
Carport Y/NNo
CityHuntington Park
Community FeaturesGutters, StreetLights, Sidewalks
Construction MaterialsDrywall, Frame, Stucco
Contingency1031 Exchange
CoolingNone
CountyLos Angeles
DirectionsNear the corner of Florence and Alameda, between Alameda and Santa Fe Avenue
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Facing DirectionWest
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income57600.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1756.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsExchange1031
Lot Size Square Feet5989.0
Lot Size UnitsSquareFeet
MLS AreaT5 - WalnutPk, HuntPk, Bell N of Florence, and Cud
MaintenanceExpense0.0
MobileHomeRemainsYNNo
Net Operating Income44534.0
New ConstructionNo
Number Of Units Total3
Operating Expense13066.0
Pool FeaturesNone
Property Attached Y/NNo
Property ConditionRepairsCosmetic
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories1
Tax Lot4
Taxes$9,375
Tenant PaysElectricity, Gas, Insurance
Trash Expense585.0
Water Sewer Expense1350.0
Year Built1922
Year Built SourceAssessor
ZoningHPR3YY
Exterior for 7108 Albany Street
Building Area Total1892.0
Crops Included Y/NNo
FencingChainLink
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre, RectangularLot
Lot Size Acres0.1375
Lot Size Area5989.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters2
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesElectricGate
Private PoolNo
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Keegan Cin
Team Lead
