5243 Huntington Dr, Los Angeles, CA 90032
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5243 Huntington Dr Los Angeles, CA 90032

$2,500,000
  • 18 Beds
  • 5 Baths
  • 4,704 Sq.Ft.
For Sale
$2,500,000 Get Pre-Qualified

Map preview of 5243 Huntington Dr, Los Angeles, CA 90032

Property Overview: 5243 Huntington Dr Los Angeles, CA has 18 bedrooms, 5 bathrooms, 4,704 living square feet and 7,300 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: ❖ Rare 2004 Construction.❖ Strong Unit Mix: Comprised Entirely of Three Bedroom and FourBedroom Units.❖ 79 Walk Score 'Very Walkable': Tenants are Walking Distance toNumerous Convenience Stores, Grocery Stores, ElementarySchools, Bus Stops, and Restaurants.❖ Each Unit Offers In-Unit Washer and Dryer.❖ Although Subject to AB 1482, the Property is not Subject to the RentStabilization Ordinance. Buyer to Verify.❖ Nearby Strong Employment Drivers: The Asset is StrategicallyLocated only 10 Minutes from the Keck School of Medicine of USCand 15 Minutes from Downtown Los Angeles.❖ On-Site Parking.❖ Individually Metered for Gas and Electricity. Tenants Pay Trash.

Listed by Andy Chan | BRE #02054786 | Keller Williams Realty
Last checked: 9 minutes ago | Last updated: October 22nd, 2022 | Source CRMLS | DOM: 511
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Home details

Lot Sq. Ft
7,300
HOA Dues
$0/mo
Year built
2004
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
P1-11733
City
Los Angeles
County
Los Angeles
Time on Site
556 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 4
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $30,240
  • Total Rent: $2,520
  • Pro Forma/Market Rent: $38,772
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 4
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $29,868
  • Total Rent: $2,489
  • Pro Forma/Market Rent: $42,228
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $33,708
  • Total Rent: $2,809
  • Pro Forma/Market Rent: $38,772
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 4
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $29,868
  • Total Rent: $2,489
  • Pro Forma/Market Rent: $42,228
Unit Breakdown 5
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $34,368
  • Total Rent: $2,864
  • Pro Forma/Market Rent: $38,772
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.42%
  • Gross Rent Multiplier: 15.82
  • Gross Scheduled Income: $158,042
  • Net Operating Income: $110,575
  • Gross Operating Income: --
  • Vacancy Allowance: $3
Annual Expense Breakdown
  • Total Operating Expense: $42,725
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,646
  • Professional Management: $6,132
  • Water/Sewer: $1,159

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Property Details for 5243 Huntington Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Included
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Refrigerator, Gas Oven, Range Hood, Gas Range
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Information
  • No Fence
  • None
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 5309001027
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: On Huntington Drive North between Poplar Boulevard and Lifur Avenue.
Neighborhood Information
  • Community Features: Street Lights, Sidewalks
View more facts & features

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Sale History for 5243 Huntington Dr

Last sold on September 2nd, 2003
  • October, 2022

  • Oct 22, 2022

    Date

    Active

    CRMLS: P1-11733

    $2,500,000

    Price

  • September, 2003

  • Sep 2, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2000

  • Nov 17, 2000

    Date

    Sold (Public Records)

    Public Records

    $4,545

    Price

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Tax History for 5243 Huntington Dr

Assessed Value (2020): $541,586
Year Land Value Improved Value Assessed Value
2020 $189,352 $352,234 $541,586

Home Value Compared to the Market

This property vs the competition

5243 Huntington Dr is listed 102.27% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $531.46 per/sqft which puts the price per square foot 31.25% lower than the median price per square foot for the city of Los Angeles.

About 5243 Huntington Dr

Detailed summary of property

5243 Huntington Dr is a multi family located in Los Angeles, CA 90032 and is currently for sale. This multi family property offers 18 bedrooms, 5 bathrooms, roughly 4,704 living square feet, and sits on an approximately 7,300 square foot lot. 5243 Huntington Dr was first listed on ArdentRealEstateGroup.com on October 22, 2022. The homeowner is currently asking $2,500,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 102.27% higher than the median priced home. Local competing homes currently for sale include 174 N Mar Vista Ave, 668 Keenan Ave and 922 N Summit Ave. While the average home in Los Angeles, CA is selling in 96 days, 5243 Huntington Dr has a days on market of 511 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 5243 Huntington Dr Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5243 Huntington Dr

Public county record property details
Beds
17
Baths
5
Year built
2004
Sq. Ft.
4,704
Lot Size
6,897
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
113
APN
5309-001-027

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$858,000
Median List Price/Sq.Ft.
$633
Median Sold Price
$965,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
56
Median Sale to List Price %
98.98%
Avg Days on Market
35
Loan Type
Conventional (45.45%), FHA (9.09%), VA (0%), Cash (9.09%), Other (9.09%)

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Related Resources to 5243 Huntington Dr

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.