Thank you
Sitong Liu
CBD Investment Inc T.C.
626-309-1900
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.
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Water Source : Public
Sewer : Unknown
Year Built: 1990
Building Area Total: 7,492
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1722
Lot Size Source: Assessor
Lot Size Square Feet: 7502
Original List Price: 2,800,000
Listing Contract Date: 2024-03-22
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5309017021
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 676 - Monterey Hills
Postal Code Plus 4: 1789
Directions: Huntington Dr
Zoning: LARD1.5
Source Property Type: Residential Income
Area: 676 - Monterey Hills
Property SubType: Apartment
Property Age: 34
Common Walls: 2+ Common Walls
Structure Type: Apartment
Year Built Source: Public Records
Entry Level: 2
Entry Location: Front door
Property Attached: Yes
Levels or Stories: Three Or More
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
5042 Williams Place, Los Angeles, CA,90032 | $300,000 | -- | -- | -- | 4840 Sqft |
5054 5042 Williams Place, Los Angeles, CA,90032 | $600,000 | -- | -- | -- | 9680 Sqft |
2227 Brawley Street, Los Angeles, CA,90032 | $1,990,000 | -- | -- | -- | 249892 Sqft |
3509 Galena Street, Los Angeles, CA,90032 | $645,000 | 2 | 1 | 750 | 2628 Sqft |
4941 O Sullivan Dr, Los Angeles, CA,90032 | $149,000 | -- | -- | -- | 9071 Sqft |
4018 E Rising Drive, Los Angeles, CA,90032 | $89,000 | -- | -- | -- | 9328 Sqft |
4012 E Rising Drive, Los Angeles, CA,90032 | $55,000 | -- | -- | -- | 6044 Sqft |
4361 Otero Drive, Los Angeles, CA,90032 | $45,000 | -- | -- | -- | 3751 Sqft |
4371 Otero Drive, Los Angeles, CA,90032 | $45,000 | -- | -- | -- | 4320 Sqft |
2033 Barnett Road, Los Angeles, CA,90032 | $189,999 | -- | -- | -- | 6162 Sqft |
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ByOwner last updated this listing 05/22/2024 @ 22:07
MLS: AR24057967
LISTED BY: Sitong Liu, CBD Investment Inc T.C.
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.