5300 Huntington S, Los Angeles, CA 90032
- $2,350,000
- List Price
- $2,350,000
- Status
- ACTIVE
- MLS#
- WS26033522
- Year Built
- 1986
- Lot Size
- 6,482
- Acres
- 0.15
- Lot Location
- Corner Lot
- Days on Market
- 166
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
5300 Huntington Drive, Los Angeles is an appealing three-story apartment property built in 1986 (is not under City of Los Angeles Rent Stabilization Ordinance), which is in the heart of El Sereno area. It has total ten well-maintained units with 6,738 sqft living area, which combine six 2 beds +1 bath units and four 1 bed + 1 bath units. The first floor are huge community garages, around 17 spaces; the property also has ample street parking spaces. It is a secure gated building, fully leased now. Nine units already changed to laminate floors. It is in a very high-demand rental area with significant rental upside waiting for an astute multifamily investor. It is on the Huntington Drive commercial corridor, walking distance to grocery store, library, bank, restaurants, various shops, school, public transportation, etc. It is close to Costco, Target, ALDI, strip plazas, Cal State University of Los Angeles, and many more. It has easy access to Freeway 110, 710, 10, and 5; adjacent to City of Alhambra and South Pasadena; just 6 miles away from Downtown LA and Los Angeles Union Station, make it a very compelling value-add real estate asset for both seasoned and new investors. Drive by only, please do not walk in the property or disturb any tenants.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 17
- Sewer
- Unknown
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 10
- Gross Scheduled Income
- $148,416
- Operating Expense
- 56869
Listing courtesy of Listing Agent: DORESA WANG (doresawang@gmail.com) from Listing Office: Pinnacle Real Estate Group.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.