$2,800,000
Active
32 Days Online
0 Beds0 Baths7,492 SQFT
Active

5335 Huntington Drive N Los Angeles, CA 90032

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site31 Days
  • MLS StatusActive
  • MLS ID NumberAR24057967
  • Home Size Source N/A
  • Year Built1990
  • Lot Size0.1722 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 8
  • Sewer Unknown
  • Number of Stories Three Or More3
  • Acreage 0.1722
  • Water Public
  • Property Sub Type Apartment
  • Garage Spaces 0
  • Zoning LARD1.5
  • Listing Conditions Standard

Interior Features

  • Laundry Features Common Area

Exterior Features

  • Pool Features None
  • Lot 36-40 Units/ Acre

Community Features

  • Community Features SidewalksUrban
  • Senior Community No
  • MLS Area 676 - Monterey Hills

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Monthly Payment (Est.)

$15,159
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