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$2,800,000
2 bed
0 Sqft
7,502 Sqft lot

5335 Huntington Drive N, Los Angeles, California 90032

  • Residential Income Property Type
  • 34 Days Time on market
  • 1990 Year Built
Property Description

Pinnacle and Coldwell Banker Dynasty are delighted to present a 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.

Basic Details
Residential Income
Buy
AR24057967
$2,800,000
2
0 Sqft
1990
7,502 Sqft
Active
Apartment
Houses
Features
: Sidewalks, Urban
8
$0
: Unknown
Address
CA
Los Angeles
Los Angeles
90032
5335 Huntington Drive N
5335
Drive
0
W119° 50' 7.3''
N34° 5' 29''
Additional Information
34
1
3
: Three Or More
: Common Area
0
7,492 Sqft
1
0 Sqft
0 Sqft
0.17 Sqft
7,502 Sqft
1
: 2+ Common Walls
0 Sqft
LARD1.5
5309017021
$0
$0
$0
$0
$6,957
$9,256
0 Sqft
1
0 Sqft
$0
1
26/03/2024 16:32:50
$0
: Standard
Cash,Conventional,1031 Exchange
Huntington Dr
Destrahan
Harry Hurst
CBD Investment Inc T.C.
Sitong Liu
30823
AR43335
$0
8
30
1
: Item3640unitsacre
1
1
: Square Feet
1
: Community Apartment
yes
1
8
8
8
8
33
879
US-06037-N-5309017021-R-N
Apartment
26/03/2024 23:48:22
N
Huntington
676 - Monterey Hills
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