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7108 Albany Street, Huntington Park, California 90255, Huntington Park, 90255 - bed, bath

7108 Albany Street, Huntington Park, California 90255 home-pic-0
ACTIVE$750,000
7108 Albany Street, Huntington Park, California 90255
0Bed
0Bath
1,892Sqft
5,989Lot
Year Built
1922
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$396
HOA
-
Days on market
-
Sold On
-
MLS number
RS24111422
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $750.0K(50th), sqft - 1892(47th), beds - undefined(50th), baths - undefined(50th).

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!

Nearby schools

4/10
Middleton Street Elementary School
Public,•K-6•0.4mi
5/10
Miles Avenue Elementary School
Public,•K-5•0.8mi
5/10
Pacific Boulevard School
Public,•K-5•1.2mi
5/10
San Antonio Elementary School
Public,•K-5•1.3mi
5/10
Lucille Roybal-Allard Elementary
Public,•K-6•1.3mi
5/10
Hope Street Elementary School
Public,•K-5•1.3mi
4/10
State Street Elementary School
Public,•K-5•1.4mi
3/10
Corona Avenue Elementary School
Public,•K-5•2.0mi
5/10
Loma Vista Elementary School
Public,•K-5•2.1mi
4/10
San Gabriel Avenue Elementary School
Public,•K-5•2.2mi
4/10
Huntington Park Elementary School
Public,•K-5•2.3mi
6/10
Nueva Vista Elementary School
Public,•K-5•2.6mi
5/10
Fishburn Avenue Elementary School
Public,•K-5•2.6mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,•6-8•0.2mi
3/10
Henry T. Gage Middle School
Public,•6-8•1.0mi
4/10
Orchard Academies 2b School
Public,•6-8•1.9mi
6/10
Vernon City Elementary School
Public,•K-7•2.0mi
4/10
Chester W. Nimitz Middle School
Public,•6-8•2.2mi
4/10
Huntington Park Senior High School
Public,•9-12•1.1mi
5/10
Bell Senior High School
Public,•9-12•2.4mi
5/10
Maywood Academy High
Public,•9-12•2.6mi
4/10
Elizabeth Learning Center
Public,•K-12•3.0mi
Condition Rating
Poor
Built in 1922, this property explicitly states it 'requires tender loving care (TLC)' and 'significant renovation.' While the roof has been recently replaced, the absence of interior photos and the general description strongly indicate that the kitchens, bathrooms, and other major systems are severely outdated and in need of substantial repairs and rehabilitation. The property is likely uncomfortable or unsafe in its current state, requiring a comprehensive overhaul.
Pros & Cons

Pros

Income-Generating Triplex: The property is a triplex, offering multiple rental units (3-bed/1-bath and two 1-bed/1-bath units) ideal for investors seeking consistent rental income.
Prime Rental Location: Situated in the heart of Huntington Park, the property benefits from high foot traffic and proximity to shopping centers, restaurants, schools, and clinics, ensuring strong tenant demand.
Excellent Transportation Access: Easy access to major freeways (91, 105, 110, 405, and 605) enhances convenience for tenants and broadens the appeal of the location.
Recent Roof Replacement: A significant capital improvement, the roof has been recently replaced with a 25-year shingle, reducing immediate major maintenance concerns for a key structural component.
Ample Parking & Alley Access: The property offers ample parking from the front and convenient alley access on a nearly 6,000 sqft lot, a valuable amenity in an urban environment.

Cons

Requires Significant Renovation: The units explicitly 'require tender loving care (TLC),' indicating substantial renovation and modernization efforts will be necessary to maximize rental value and tenant appeal.
Age of Property: Built in 1922, the property's age suggests potential for outdated systems, infrastructure, and deferred maintenance beyond cosmetic updates, which could lead to higher operational costs.
Potential for Renovation Disruption: The need for extensive TLC may necessitate temporary vacancies or reduced rental income during renovation periods, impacting immediate cash flow for an investor.

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