We are pleased to announce the sale of 7120 Miles Avenue, a 14-unit multifamily property situated near the intersection of Pacific Boulevard and Florence Avenue in Huntington Park, CA. The two-story building was constructed in 1954 and is available for just $132,000 per unit, a very attractive rate when compared to similar sales. A new owner may be able to capitalize on the rent upside, as current rents are approximately 20% below market values. The new investor will benefit from the brand new roof that the previous owner installed in 2018, helping to reduce deferred maintenance expenses. Another factor that favors the new owner is the fact that the property does not require any costly seismic retrofitting (Buyer to verify).Tenants benefit from the building's proximity to retail locations along both Florence Avenue and Pacific Boulevard, including the Pacific Boulevard Shopping District, which is all within walking distance.