$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](/_next/static/media/crmlsLogo.7699ca4d.png)
CRMLS #AR24057967
Price change
$2,380,000
-15%
03/26/2024
![CRMLS](/_next/static/media/crmlsLogo.7699ca4d.png)
CRMLS #AR24057967
Listed
$2,800,000
Schools & Community
Neighborhood:
El Sereno
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
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](/_next/static/media/crmlsLogo.7699ca4d.png)
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