5-Unit Apartment
New
For Sale
$1,250,000
7102 Hood Ave, Huntington Park, CA 90255
Four two-bedroom apartments and a detached three-bedroom house are arranged across three separate structures.
Property Size4,479 SF
Lot Size0.19 Acres
Days on Market6
Property Features for 7102 Hood Ave
General Information
Standard status
Active
Size
4,479 SF
Lot size
0.19 Acres
Property subtype
MULTI_FAMILY
Zoning
HPR3YY
Occupancy
100%
Units
Unit Mix
4 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
5
Additional Details
Cap Rate
6.3%
Building Details
Building Size
4,479 SF
Year Built
1930
Buildings
3
Tenancy
Multi
Listing Agency:
Remax Commercial and Investment Realty
Listed By:
Enrique Viramontes · License #01372010
(213) 817-1000
Source:
Milsteinestates
Added: Sep 25
Changed: Sep 30
Last Checked: Sep 29 at 3:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Remax Commercial and Investment Realty
Investment Insights
Based on property information with market context.
This five-unit apartment property includes four 2-bedroom, 1-bathroom units and a detached 3-bedroom, 2-bathroom house. The buildings date to 1930, and the site contains 8,445 SF with HPR3YY zoning. The property is fully occupied, with long-term tenancy reported, and offers a cap rate above 6.3% based on current in-place income.
Hood Ave is within walking distance of Lucille Roybal-Allard Elementary School, Salt Lake Park, and shops and restaurants along the Florence Corridor. Downtown Los Angeles is also described as minutes away.
Hood Ave is within walking distance of Lucille Roybal-Allard Elementary School, Salt Lake Park, and shops and restaurants along the Florence Corridor. Downtown Los Angeles is also described as minutes away.
Key Highlights
- Five units across three structures, including a detached house
- Four 2‑bedroom, 1‑bathroom units and one 3‑bedroom, 2‑bathroom house
- 8,445 SF lot with HPR3YY zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,071
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,441,420
$1.4M
Cap Rate 7%
$1,029,586
$1.0M
Cap Rate 9%
$800,789
$800.8K
Market Conditions
NOI Build-Up for 4,479 SF
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.
Gross rent
$142.4K $31.80/SF
− Vacancy
−$11.4K −$2.54/SF
EGI
$131.0K $29.26/SF
− OpEx
−$59.0K −$13.17/SF
NOI
$72.1K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,441,420
Cap Rate 7%
$1,029,586
Cap Rate 9%
$800,789
Alternative Uses
Best Use
Apartment 5plus
$1.03M
$900.9K – $1.20M
NOI $72,071 @ 7.0% cap · market cap 5.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,863 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,222
Businesses Nearby
Explore this area
Business Placement
Demographics for 90255, CA
71,157
Population
19,265
Households
3.7
Avg Household Size
34
Median Age
9%
College-Educated
53%
High-School Grad
3.7 sq mi
ZIP Area
19,232
Density / Sq Mi
$61,376
Median Household Income
$31,695
Median Earnings
$1,443
Median Rent
$562,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four two-bedroom apartments and a detached three-bedroom house are arranged across three separate structures.
Where is this apartment building located?
The property is located at 7102 Hood Ave Huntington Park, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Five units across three structures, including a detached house; Four 2‑bedroom, 1‑bathroom units and one 3‑bedroom, 2‑bathroom house; 8,445 SF lot with HPR3YY zoning
