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Exclusive Listings

Huntington Dr Apartments- El Sereno

Address:
4665 - 4669 Huntington Dr N
Los Angeles, CA 90032
Price:
$1,600,000
Status:
Available
Type:
Apartment
# Units:
8
Year Built:
1955
Building Size:
4,040
Lot Size:
8,400
CAP Rate:
7%
GRM:
16.44x
Price/Unit:
$200,000
Price/SqFt:
$396

Investment / Property Highlights

  • 8 units total, with side by side 4 units buildings. Can be purchased together or separately!!!
  • Perfect buildings for owner occupant, extended family, or a first-time investment
  • Significant upside in rents with +/- 90% upside!
  • Nice unit mix:  3 – 1 bedrooms units and 1- 2 bedroom unit in each building.
  • Opportunity to acquire with residential financing and lock in 30-year financing
  • Individually metered for Gas / Electricity
  • Great El Sereno location, proximity to Monterey Hills and Highland Park
  • One of the oldest and hottest neighborhoods in LA!


Executive Summary 

The Growth Investment Group is proud to present the Huntington Dr Apartments, side by side 4-unit buildings in the hot El Sereno neighborhood, that can be purchased together or individually! The properties consist of 3- 1 bedroom units, and 1- 2 bedroom unit. This Value-Add apartment has over 90% upside in rents and presents an opportunity for an owner occupant or investment property with 30-year fixed financing. The efficient units have front and rear access giving the bungalow style feel to the community. Each unit are individually metered for gas and electricity as well as have parking in the back. It’s a unique opportunity to acquire units in a very high demand market at a reasonable price per unit. These properties can be great for an owner occupant, first time home buyer with extended family, or the seasoned real estate investor looking to grow their portfolio! Reach out today with any questions you have.


Due Diligence


Broker Contact

Justin McCardle
Direct: (909) 486-2069
justin@growthinvestmentgroup.com

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Office:
1487 E Colorado Blvd
Pasadena, CA 91106
By Appointment Only - No Walk-ins
Phone: 626.594.4901
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