5335 Huntington Dr N - Apartments FOR SALE


Los Angeles, CA 90032
$2,380,000 USD
626-238-8968
5335 Huntington Dr N, Los Angeles, CA for Sale
$2,380,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

5335 Huntington Dr N
Los Angeles, CA 90032


OVERVIEW

Remarkable investment opportunity at 5335 Huntington Dr N, featuring an 8-unit multifamily building. Spanning 7,492 square feet of leasable area, this property is strategically situated on a 0.17-acre lot. Constructed in 1990, the building boasts recent enhancements, including an upgraded roof and fresh exterior paint, reflecting our commitment to maintaining the property's integrity and appeal. Under professional management, this asset generates an impressive annual income over $142,000. While the interiors of the units remain unrenovated, they are in respectable condition, offering significant potential for rental income growth post-renovation. Located in an area zoned LARD1.5, the property holds immense potential for high-density housing development, adding a layer of future value for the discerning investor. Close to Alhambra and South Pasadena, this location offers unparalleled convenience. Essential amenities and leisure options, such as Costco, Target, and a variety of restaurants and shopping destinations, are all within a mere 6-minute drive. This property represents a unique opportunity to own a piece of prime real estate with considerable upside potential.

FOR SALE DETAILS

PRICE

$2,380,000 USD

PRICE/SF

$314 USD /SF

# OF UNITS

8

PRICE/UNIT

$297,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,492 SF

ZONING

RD1.5

APN/PARCEL ID

5309-017-021

ASK ABOUT THIS PROPERTY

Lara LiuCBD Investment IncMore Info
626-238-8968

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Lara LiuCBD Investment IncMore Info
626-238-8968

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.