$2,380,000 Price Analysis   ♡   Los Angeles, CA 90032 16 bed 8 bath 7,492 SqFt ($317/SqFt) 7,502SqFt lot. Built 1990 Listed 2024-03-26, Taxes $16,775 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Remarkable investment opportunity at 5335 Huntington Dr N
Featuring an 8-unit multifamily building. Spanning 7, 492 square feet of lesable 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 pie ce of prime real estate with considerable upside potential.
Presented by Sitong Liu at
Cbd Investment Inc T.C.
Property MLS #AR24057967 from CRMLS
Garage Spaces: 8
Parking Total: 8
Lot Size Acres: 0.1722222
Lot Size Source: Assessor
Lot Size Square Feet: 7502
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1
Unit-1 Garage Spaces: 8
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 5000.00
Area: 676 - Monterey Hills
Source Neighborhood: 676 - Monterey Hills
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 8
Parcel Number: 5309017021
Postal Code Plus 4: 1789
Professional Management Expense: 6957.00
Trash Expense: 11794.00
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $535,910 + $790,470 $1,326,380 | $16,775 |
| 2021 | $525,402 + $774,971 $1,300,373 | $16,541 |
| 2020 | $520,015 + $767,025 $1,287,040 | $16,696 |
| 2019 | $509,819 + $751,986 $1,261,805 | $16,067 |
| 2018 | $499,823 + $737,242 $1,237,065 | $15,898 |
| 2017 | $490,023 + $722,787 $1,212,810 | $15,522 |
| 2016 | $480,415 + $708,615 $1,189,030 | $15,111 |
| 2015 | $473,199 + $697,971 $1,171,170 | $14,900 |
| 2014 | $463,930 + $684,299 $1,148,229 | $14,992 |
| 2013 | $461,834 + $681,207 $1,143,041 | $14,982 |
| 2012 | $452,779 + $667,850 $1,120,629 | $14,880 |
| 2010 | $443,901 + $654,755 $1,098,656 | $14,782 |
| 2009 | $441,631 + $651,406 $1,093,037 | $14,254 |
| 2009 | $440,584 + $649,862 $1,090,446 | $14,254 |
| 2008 | $432,972 + $638,634 $1,071,606 | $13,664 |
| 2007 | $424,483 + $626,112 $1,050,595 | $13,252 |
$2,380,000
CRMLS
Listed 2024-03-26
$2,800,000
CRMLS
Listing removed 2014-03-11
$1,150
WestsideRentals
Listed for rent 2014-01-05
$1,150
WestsideRentals
Sold 2004-06-30
$990,000
Public Record
Sold 2002-08-09
$698,000
Public Record
Sold 1999-12-15
$300,000
Public Record
Sold 1989-02-24
$170,000
Public Record
Year Built: 1990
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 2
Entry Location: Front door
Property Age: 34
Property Attached: Yes
Levels or Stories: Three Or More
Building Total Stories: 3
Structure Type: Apartment
Year Built Source: Public Records
Sewer: Water Sewer Expense: 0.00
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.