tomo logo

$2,380,000

Beds
Unknown
sq ft
7,492

5335 Huntington Dr N, Los Angeles, CA 90032

5335 Huntington Dr N

Los Angeles, CA 90032

  • 99 days on market
    • Price drop $420,000↓
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.

Details

Property type

Apartment

Lot size

7,502 sq ft

Price per sq ft

$318

Year built

1990

Price History

06/04/2024
CRMLS

CRMLS #AR24057967

Price change
$2,380,000
-15%
03/26/2024
CRMLS

CRMLS #AR24057967

Listed
$2,800,000

Schools & Community

Neighborhood: 

El Sereno

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 07/02/2024 at 10:25 PM

Listing updated: 06/04/2024 at 9:43 AM

Listed by: Sitong Liu, CBD Investment Inc T.C. Phone #: (626) 309-1900

MLS: CRMLS #AR24057967

CRMLS logo

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