5335 Huntington Dr, Los Angeles, CA 90032
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5335 Huntington Dr Los Angeles, CA 90032

$2,800,000
  • 16 Beds
  • 0 Baths
  • 7,492 Sq.Ft.
For Sale
$2,800,000 Get Pre-Qualified

Map preview of 5335 Huntington Dr, Los Angeles, CA 90032

Property Overview: 5335 Huntington Dr Los Angeles, CA has 16 bedrooms, -- bathrooms, 7,492 living square feet and 7,502 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: Pinnacle and Coldwell Banker Dynasty are delighted to present a 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.

Listed by Sitong Liu | BRE #02038481 | CBD Investment Inc T.C.
Co-listed by BIN QI | BRE #02046979 | Pinnacle Real Estate Group
Last checked: 8 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 40
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
1990
Garage
--
Property Type:
Apartment
Status
Active
MLS#
AR24057967
City
Los Angeles
County
Los Angeles
Time on Site
41 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 8
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 8
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $142,097
  • Total Rent: $142,097
  • Pro Forma/Market Rent: $160,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $142,097
  • Net Operating Income: $60,479
  • Gross Operating Income: --
  • Laundry Income: $879
Annual Expense Breakdown
  • Total Operating Expense: $81,617
  • Electric: $9,256
  • Gas/Fuel: $0
  • Trash: $11,794
  • Insurance: $5,000
  • Professional Management: $6,957
  • Water/Sewer: $0

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Property Details for 5335 Huntington Dr

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 36-40 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 5309017021
  • Year Built Source: Public Records
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Huntington Dr
Neighborhood Information
  • Community Features: Sidewalks, Urban
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Sale History for 5335 Huntington Dr

Last sold for $990,000 on June 30th, 2004
  • March, 2024

  • Mar 26, 2024

    Date

    Active

    CRMLS: AR24057967

    $2,800,000

    Price

  • June, 2004

  • Jun 30, 2004

    Date

    Sold (Public Records)

    Public Records

    $990,000

    Price

  • August, 2002

  • Aug 9, 2002

    Date

    Sold (Public Records)

    Public Records

    $698,000

    Price

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Tax History for 5335 Huntington Dr

Assessed Value (2020): $1,287,840
Year Land Value Improved Value Assessed Value
2020 $767,025 $520,815 $1,287,840

Home Value Compared to the Market

This property vs the competition

5335 Huntington Dr is listed 126.72% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $373.73 per/sqft which puts the price per square foot 51.71% lower than the median price per square foot for the city of Los Angeles.

About 5335 Huntington Dr

Detailed summary of property

5335 Huntington Dr is a apartment located in Los Angeles, CA 90032 and is currently for sale. This apartment offers 16 bedrooms, -- bathrooms, roughly 7,492 living square feet, and sits on an approximately 7,502 square foot lot. 5335 Huntington Dr was first listed on ArdentRealEstateGroup.com on March 27, 2024. The homeowner is currently asking $2,800,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 126.72% higher than the median priced home. Local competing homes currently for sale include 2140 Lemoyne St, 1325 Douglas St and 1445 Calumet Ave. While the average home in Los Angeles, CA is selling in 94 days, 5335 Huntington Dr has a days on market of 40 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 5335 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 5335 Huntington Dr

Public county record property details
Beds
12
Baths
8
Year built
1990
Sq. Ft.
7,578
Lot Size
7,500
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
33
APN
5309-017-021

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
$849,000
Median List Price/Sq.Ft.
$649
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
60
Median Sale to List Price %
93.75%
Avg Days on Market
20
Loan Type
Conventional (40%), FHA (10%), VA (0%), Cash (20%), Other (10%)

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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.