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5073 Huntington Dr N 15 Unit Apartment Building $2,492,838 CAD ($166,189 CAD/Unit) Los Angeles, CA 90032
INVESTMENT HIGHLIGHTS
- +/-6,400 SF Three-Story Multifamily Property
- Community Room & Kitchen
- On Site Laundry
- 15 Studio/1 Bath Units
- Office/Counseling Room
- All Units Are Affordable Rent Levels
EXECUTIVE SUMMARY
15-unit (permitted with plans) +/-6,400 SF multifamily property located in the El Sereno neighborhood of Los Angeles. The 3-story property is located on the NEC of Huntington Drive and Portola Ave. The unit mix will consist of 15 Studio units with kitchenettes. Zoned C4, the property sits on a 4,500 SF lot. Onsite amenities include an onsite laundry room, community kitchen & meeting room and an office/counseling room. All units with A/C and there is gated secure access to the building with onsite uncovered and tuck under parking. The property was originally permitted and built as 3 affordable units but is currently being processed through the City of Los Angeles Unpermitted Dwelling Units program for 15 affordable units. 5 units are currently occupied. Cost of completing this work is estimated at approximately $500,000 but buyer to confirm cost and scope of work.
PROPERTY FACTS
| Price | $2,492,838 CAD | Building Class | B |
| Price Per Unit | $166,189 CAD | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 6,400 SF |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2006 |
| Property Subtype | Apartment | Parking Ratio | 0.78/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | C4 - commercial zone | ||
| Price | $2,492,838 CAD |
| Price Per Unit | $166,189 CAD |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.10 AC |
| Building Size | 6,400 SF |
| No. Stories | 3 |
| Year Built | 2006 |
| Parking Ratio | 0.78/1,000 SF |
| Zoning | C4 - commercial zone |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Tile Floors
- Kitchen
- Sprinkler System
- Range
- Tub/Shower
- Carpet
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Gated
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 5307-014-013 | Improvements Assessment | $535,787 CAD |
| Land Assessment | $803,684 CAD | Total Assessment | $1,339,471 CAD |
PROPERTY TAXES
Parcel Number
5307-014-013
Land Assessment
$803,684 CAD
Improvements Assessment
$535,787 CAD
Total Assessment
$1,339,471 CAD
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5073 Huntington Dr N
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