5335 Huntington Dr N
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5335 Huntington Dr N
8 Unit Apartment Building $2,380,000 ($297,500/Unit) Los Angeles, CA 90032
Executive Summary
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.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$1,420,973
|
$187.51
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,420,973
|
$187.51
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $1,420,973 |
| Annual Per SF | $187.51 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $1,420,973 |
| Annual Per SF | $187.51 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,380,000 | Building Class | C |
| Price Per Unit | $297,500 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 7,578 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1990 |
| Property Subtype | Apartment | Parking Ratio | 1.63/1,000 SF |
| Apartment Style | Low Rise |
| Price | $2,380,000 |
| Price Per Unit | $297,500 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,578 SF |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 1.63/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Kitchen
- Hardwood Floors
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | - |
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Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 5309-017-021 | Improvements Assessment | $557,560 (2024) |
| Land Assessment | $822,404 (2024) | Total Assessment | $1,379,964 (2024) |
PROPERTY TAXES
Parcel Number
5309-017-021
Land Assessment
$822,404 (2024)
Improvements Assessment
$557,560 (2024)
Total Assessment
$1,379,964 (2024)
zoning
| Zoning Code | RD1.5 (Restricted Density Multiple Dwelling) |
| RD1.5 (Restricted Density Multiple Dwelling) |
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5335 Huntington Dr N
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