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    Spanish-Style Triplex Rental Property Title is generated by Realmo AI

    7001 Mission, Huntington Park, CA 90255

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    Pending
    $749,000

    Triplex, Spanish - Huntington Park, CA

    Type:Triplex
    Property size:
    2,417 SF
    Lot size:
    7,375.00 Acres
    Added:
    May 15, 2026
    Days on Market:
    23
    Last Refresh:
    Jun 6 at 5:06 pm

    Property Features for 7001 Mission

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking
    3
    Parking features
    Assigned, Garage
    Exterior features
    Community Features Included: Sidewalks, Lawn
    Standard status
    Pending
    APN
    6323020016
    Size
    2,417 SF
    Lot size
    7,375.00 Acres

    Utilities

    Heating system
    Wall Furnace
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1931
    Floors in Building
    1
    Number of units
    3
    Architectural style
    Spanish

    We can help!

    Listing Contact
    David Bayley

    Listing agent David Bayley License #01343652

    Listing office HomeSmart, Evergreen Realty 9901 Irvine Center Drive, Irvine, CA

    Listing date May 15, 2026

    MLS# OC26105888 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Spanish‑style property built in 1931 with three separate rental units, each currently occupied
    • Front unit: 2‑bedroom, 1‑bath rental home
    • Second unit: 2‑bedroom, 1‑bath rental home
    • Third unit: 1‑bedroom apartment located above three single‑car garages
    • Units are completely separate with no shared walls
    • Parking includes assigned spaces and a garage; exterior features include sidewalks and lawn

    Overview

    This Spanish-style triplex at 7001 Mission features three rental units that are completely separate with no shared walls. The front home is a 2-bedroom, 1-bath unit, and the second unit is also a 2-bedroom, 1-bath. A third unit is a 1-bedroom apartment located above three single-car garages, creating dedicated overhead living space.

    The property is offered for sale and totals 2,417 square feet on a 0.1693-acre lot. All three units are currently occupied by well-established tenants, providing an owner with an immediate residential rental arrangement.

    For buyers seeking a small multifamily with a clear unit breakdown, this configuration supports flexible tenant mix across two 2-bedroom homes and one garage-accessed 1-bedroom apartment above the garages. The separate layout and lack of shared walls can be an advantage for privacy-minded tenants and simplifies day-to-day operations by keeping each unit distinct. The listing notes that 7003 Mission is also available for purchase, allowing an easy way to acquire both tri-plexes if desired.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $65.3k $27.00
    − Vacancy −$5.0k −$2.05
    EGI $60.3k $24.95
    − OpEx −$18.1k −$7.48
    NOI $42.2k $17.46
    2,417 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $603.0K
    $527.6K – $703.5K (±1% cap)
    NOI $42,210 @ 7.0% cap · market cap 5.64%
    Second Best
    Apartment 5plus
    $555.6K
    $486.1K – $648.2K (±1% cap)
    NOI $38,891 @ 7.0% cap · market cap 5.19%
    Theoretical Best
    Office A
    $1.29M
    $1.13M – $1.51M (±1% cap)
    NOI $90,584 @ 7.0% cap · market cap 12.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntington Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.212777
    Latitude
    33.9753422

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    FAQs

    What type of property is this?
    Triplex - Three separate rental units provide a straightforward residential income setup with dedicated garage space for one unit.
    Where is this triplex located?
    The property is located at 7001 Mission Huntington Park, CA.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: Spanish‑style property built in 1931 with three separate rental units, each currently occupied; Front unit: 2‑bedroom, 1‑bath rental home; Second unit: 2‑bedroom, 1‑bath rental home
    (714) 915-0897
    We can help!
    Listing Contact
    David Bayley
    Real Estate License ID: 01343652
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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