Share This Listing

Message

905 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Huntington Cottages possible Seller Financing 4665-4669 Huntington Dr N 8 Unit Apartment Building $1,930,502 CAD ($241,313 CAD/Unit) 4.39% Cap Rate Los Angeles, CA 90032

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 8 units total, with side by side 4 units buildings. Can be purchased together or separate
  • Significant upside in rents with +/- 90% upside!
  • Opportunity to acquire with residential financing and lock in 30-year financing
  • Perfect buildings for owner occupant, extended family, or a first-time investment
  • Nice unit mix: 3 – 1 bedrooms units and 1- 2 bedroom unit in each building.

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.
Seller may consider carrying. Reach out to discuss.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $133,585 $33.07
Other Income $587 $0.15
Vacancy Loss $4,025 $1.00
Effective Gross Income $130,148 $32.21
Taxes - -
Operating Expenses - -
Total Expenses $56,629 $14.02
Net Operating Income $73,519 $18.20

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $133,585
Annual Per SF $33.07
Other Income (CAD)
Annual $587
Annual Per SF $0.15
Vacancy Loss (CAD)
Annual $4,025
Annual Per SF $1.00
Effective Gross Income (CAD)
Annual $130,148
Annual Per SF $32.21
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $56,629
Annual Per SF $14.02
Net Operating Income (CAD)
Annual $73,519
Annual Per SF $18.20

PROPERTY FACTS

Price $1,930,502 CAD
Price Per Unit $241,313 CAD
Sale Type Investment
Cap Rate 4.39%
Sale Conditions
1031 Exchange
  • Deferred Maintenance
Gross Rent Multiplier 13.83
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 4,040 SF
Average Occupancy 100%
No. Stories 1
Year Built 1955
Parking Ratio 1.98/1,000 SF
Zoning LAC4 - {Q}C4-1XL

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower

SITE AMENITIES

  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 $1,796 CAD 450
2+1 2 $2,395 CAD 675
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5213-012-038
  • 5213-012-037
Land Assessment
$716,297 CAD (2025)
Improvements Assessment
$669,766 CAD (2025)
Total Assessment
$1,386,063 CAD (2025)
  • Listing ID: 34720821

  • Date on Market: 2025-02-05

  • Last Updated:

  • Address: 4665-4669 Huntington Dr N, Los Angeles, CA 90032

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}