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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,350,000

Est. payment - /mo

6,481 Sqft Lot

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UPDATED:

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

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

NEARBY SCHOOL & BUSINESS

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5300 Huntington S Los Angeles, CA 90032