5122 Huntington Drive

    Los Angeles (City), CA 90032
    • $1,075,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: 19516918
    Price Reduced
    $1,075,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,400
      SQFT
    • $316
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1911
    County:

    School Ratings & Info

    Description

    The property is located on the south side of Huntington Blvd in El Sereno. The property contains four residential units and two retail spaces. In 2016, ownership converted the garage at the back of the property into two units. The two converted units are not currently subject to rent control. The asset is well parked with one space per bedroom as well as diagonal street parking in front of the retail spaces. The property is located in El Sereno, situated northeast of Downtown Los Angeles. The location offers convenient access to Downtown and the San Gabriel Valley. With El Sereno being nestled between South Pasadena and Downtown, the area is beginning to gentrify as newer single family homes are for the first time being sold for over one-million dollars. 5122 Huntington is located on El Sereno's "main-drag" and offers residents convenient access to multiple grocery stores, restaurants, and family owned businesses.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-14T00:33:02.647. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/99547781

    5122 Huntington Drive Los Angeles (City), CA 90032

    • Price: $1,075,000
    • Status: Active
    • ID#: 19516918
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,400
    SQFT
    $316
    $/SQFT
    1911
    Built
    Neighborhood:
    621 - El Sereno
    County:
    Los Angeles
    Area:
    621 - El Sereno
    Property Description
    The property is located on the south side of Huntington Blvd in El Sereno. The property contains four residential units and two retail spaces. In 2016, ownership converted the garage at the back of the property into two units. The two converted units are not currently subject to rent control. The asset is well parked with one space per bedroom as well as diagonal street parking in front of the retail spaces. The property is located in El Sereno, situated northeast of Downtown Los Angeles. The location offers convenient access to Downtown and the San Gabriel Valley. With El Sereno being nestled between South Pasadena and Downtown, the area is beginning to gentrify as newer single family homes are for the first time being sold for over one-million dollars. 5122 Huntington is located on El Sereno's "main-drag" and offers residents convenient access to multiple grocery stores, restaurants, and family owned businesses.
    Exterior Features

    Lot Features Sprinklers None Lot Size Source See Remarks Lot Size Units Square Feet

    Interior Features

    Appliances None Appliances YN No Laundry Features None

    Property Features

    Cap Rate 5.44 Gross Multiplier 11.91 Gross Operating Income 89668.00 Improvements Amount 105624 Land Value 158436 Laundry YN No Net Operating Income 58533.00 Special Listing Conditions Standard Total Expenses 29045.00 Zoning C4-1Xl

    Listing provided courtesy of Brent Sprenkle of Berkadia


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-14T00:33:02.647. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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