Los Angeles, CA 90032,5261 Huntington DR N
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Los Angeles, CA 90032,5261 Huntington DR N

$1,150,000

Est. payment /mo

$1,298,000

11.4%
Est.Price: ?

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5261 Huntington DR N Los Angeles, CA 90032

10,794 Sqft Lot

SOLD DATE : 12/05/2023

Key Details

Sold Price $1,150,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC23199076

Sold Date 12/05/23

HOA Y/N No

Year Built 1963

Lot Size 10,794 Sqft

Property Description

8-Unit Apartment Complex. Prime Investment Opportunity located in El Sereno, Los Angeles. This well-maintained apartment complex, nestled in a rent-controlled community, offers the astute investor a solid return on their investment and the potential for long-term gains. Comprising of 7 spacious 2-bedroom, 1-bathroom units, and 1 additional 1 bedroom, 1 bathroom unit, with an office/storage, this property offers a total of 15 bedrooms and 9 bathrooms. Spanning 7,036 square feet, this apartment complex sits on a generous 10,793 square foot lot, allowing for ample green space or future development opportunities. The property is located in a tenant dense area that is near USC, CSULA, Art Center, Pasadena, Alhambra and Downtown LA. Close proximity to key amenities, schools, and transportation options, making it appealing to a wide range of renters. Seize this opportunity to invest in a robust and profitable property. Contact us today for more details. This investment provides a reliable stream of income, making it an attractive addition to your portfolio, don't miss the opportunity to add this property to your RE portfolio.

Location

State CA

County Los Angeles

Area 621 - El Sereno

Interior

Fireplace No

Appliance Dryer, Washer

Laundry Common Area

Exterior

Community Features Gated

Total Parking Spaces 8

Building

Lot Description 0-1 Unit/Acre

Story 2

Water Public

Others

Tax ID 5309016018

Security Features Carbon Monoxide Detector(s),Fire Sprinkler System,Gated Community,Smoke Detector(s)

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, FHA

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, FHA

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Derek Gong • Top Producers Realty Partners, Inc.
Bought with Casey Picard • Keller Williams Realty

Rachael Hughel

Realtor | License ID: 01218759

+1(818) 397-8177

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