7-Unit Multifamily Income
For Sale
$1,375,000
7716 California, Huntington Park, CA 90255
For sale 7-unit multifamily with 2 vacant units and four garages with possible ADU conversion (city verification required).
Property Size2,600 SF
Days on Market180
Property Features for 7716 California
General Information
Standard status
Active
Size
2,600 SF
Total Parking Spaces
4
Property subtype
Apartment
Additional Details
Highway Access
Yes
Multifamily Units
7
Building Details
Building Size
2,600 SF
Year Built
1938
Listing Agency:
Excellence RE Real Estate 323-350-4561 Overview Additional information MLS R ID DW26094123 Interior features Exterior features Lot Size 0.12 Acres Other property details Garage Yes 55+/Senior Community No Archetype Realty Request a tour Contact agent Request a tour Contact agent Listed by Suhaila Sabir CA DRE# 01422989 with Excellence RE Real Estate 323-350-4561
Listed By:
Suhaila Sabir CA DRE# 01422989 · License #01422989
(323) 350-4561
Source:
Archetyperealty
Added: May 1
Changed: Oct 26
Last Checked: Oct 26 at 10:11PM
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 Excellence RE Real Estate 323-350-4561 Overview Additional information MLS R ID DW26094123 Interior features Exterior features Lot Size 0.12 Acres Other property details Garage Yes 55+/Senior Community No Archetype Realty Request a tour Contact agent Request a tour Contact agent Listed by Suhaila Sabir CA DRE# 01422989 with Excellence RE Real Estate 323-350-4561
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Offered for sale, this 7-unit multifamily income property includes two vacant units available to be leased. The building also features four garages, which the buyer may explore for potential ADU (Accessory Dwelling Unit) conversion, subject to city verification.
The property is located in Huntington Park and is described as centrally located, with access to major freeways, public transportation, and nearby shopping, dining, and employment centers. The remarks also note the property is minutes from Downtown Los Angeles.
From an operations standpoint, the presence of vacant units provides an immediate leasing opportunity, while the garage count supports an additional potential pathway for increasing on-site dwelling options, pending approval and requirements with the city.
The property is located in Huntington Park and is described as centrally located, with access to major freeways, public transportation, and nearby shopping, dining, and employment centers. The remarks also note the property is minutes from Downtown Los Angeles.
From an operations standpoint, the presence of vacant units provides an immediate leasing opportunity, while the garage count supports an additional potential pathway for increasing on-site dwelling options, pending approval and requirements with the city.
Key Highlights
- 7‑unit multifamily property built in 1938 at 7716 California Ave in Huntington Park
- Includes 2 vacant units ready to lease at current market rents for immediate income potential
- 4 garages on‑site with potential for ADU conversion (buyer to verify with the city)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,836
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,720
$836.7K
Cap Rate 7%
$597,657
$597.7K
Cap Rate 9%
$464,844
$464.8K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$82.7K $31.80/SF
− Vacancy
−$6.6K −$2.54/SF
EGI
$76.1K $29.26/SF
− OpEx
−$34.2K −$13.17/SF
NOI
$41.8K $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 Rate 5%
$836,720
Cap Rate 7%
$597,657
Cap Rate 9%
$464,844
Alternative Uses
Best Use
Apartment 5plus
$597.7K
$523.0K – $697.3K
NOI $41,836 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,442 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
7
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
943
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
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - For sale 7-unit multifamily with 2 vacant units and four garages with possible ADU conversion (city verification required).
Where is this apartment building located?
The property is located at 7716 California Huntington Park, CA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 7‑unit multifamily property built in 1938 at 7716 California Ave in Huntington Park; Includes 2 vacant units ready to lease at current market rents for immediate income potential; 4 garages on‑site with potential for ADU conversion (buyer to verify with the city)
