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5335 Huntington Dr N

8 Unit Apartment Building $3,373,579 CAD ($421,697 CAD/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

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $2,014,187 $265.79
Other Income - -
Vacancy Loss - -
Effective Gross Income $2,014,187 $265.79
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $2,014,187
Annual Per SF $265.79
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $2,014,187
Annual Per SF $265.79
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $3,373,579 CAD
Price Per Unit $421,697 CAD
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 - -
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5309-017-021
Land Assessment
$1,156,629 CAD (2024)
Improvements Assessment
$784,152 CAD (2024)
Total Assessment
$1,940,781 CAD (2024)

zoning

Zoning Code RD1.5 (Restricted Density Multiple Dwelling)
RD1.5 (Restricted Density Multiple Dwelling)
  • Listing ID: 32877039

  • Date on Market: 2024-08-19

  • Last Updated:

  • Address: 5335 Huntington Dr N, Los Angeles, CA 90032

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