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$2,350,000
Est. payment /mo
6,481 Sqft Lot
Active
5300 Huntington S Los Angeles, CA 90032
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26033522
HOA Y/N No
Year Built 1986
Lot Size 6,481 Sqft
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.
Location
State CA
County Los Angeles
Area 621 - El Sereno
Interior
Fireplace No
Laundry None
Exterior
Parking Features Garage, Gated
Garage Spaces 17.0
Garage Description 17.0
Pool None
Community Features Sidewalks
Total Parking Spaces 17
Private Pool No
Building
Lot Description Corner Lot
Story 3
Sewer Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 5219003025
Energy Description 2476.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard

Listed by DORESA WANG Pinnacle Real Estate Group 626-877-6866, DRE #01523172
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