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compared to 47.38% rented, while
5.3% are vacant.
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Situated in the heart of El Sereno, this property benefits from its proximity to major transportation routes, shopping centers, schools, and recreational facilities. Residents enjoy easy access to all the amenities the city has to offer. This investment opportunity comprises seven units spread across two separate buildings. The majority of these units are single-story, consisting of one large 3-bedroom and 1-bathroom unit, along with six spacious 2-bedroom and 1-bathroom units, averaging 938 square feet per unit. Nestled on a sprawling lot of 20,000+ square feet, tenants also enjoy individual garage parking as well as onsite parking. Rents are are substantially below market providing a value add opportunity for an astute investor operator.
7 Units Aparment building ~ Center courtyard with a garden ~ Recent upgrades with a new roof and completed Los Angeles soft-story seismic retrofit in 2021 ~ The mix of unit sizes, with six 1-bedroom, 1-bath units on the first floor and a large 3-bedroom, 1.5-bath unit on the second floor ~ Assigned parking with six garages and one additional space ~ Located in a quiet, safe neighborhood ~ Easy access to the 710 freeway and multiple alternative routes to reach downtown Los Angeles.
4874-4876 Huntington Dr. is a unique opportunity to purchase two retail buildings on 2 separate APNs in the heart of El Sereno, just steps from the highly trafficked intersection of Eastern & Huntington Drive. There is parking behind the buildings which can be accessed via the public parking lot on Navarro St. Excellent owner-user or investment opportunity in a Northeast LA neighborhood seeing huge growth. The average home in El Sereno now sells for $809,060, up over 6% from last year. This is an area in need of good retail options. Directly across from Chase Bank and the US Post Office. 2,225 SF of Retail being held vacant for the new owner to occupy or lease out. Restaurant is an excellent tenant whose lease expires in Oct. 2024
4874-4876 Huntington Dr. is a unique opportunity to purchase two retail buildings on 2 separate APNs in the heart of El Sereno, just steps from the highly trafficked intersection of Eastern & Huntington Drive. There is parking behind the buildings which can be accessed via the public parking lot on Navarro St. Excellent owner-user or investment opportunity in a Northeast LA neighborhood seeing huge growth. The average home in El Sereno now sells for $809,060, up over 6% from last year. This is an area in need of good retail options. Directly across from Chase Bank and the US Post Office. 2,225 SF of Retail being held vacant for the new owner to occupy or lease out. Restaurant is an excellent tenant whose lease expires in Oct. 2024
4-unit were added and completed in 1988, attached to the original house. Original house is a 2-bedroom front unit which was built in 1916. Located in the high demand rental area of El Sereno. Excellent unit mix with (1) 2 bedrooms, 1 bath; (3) 2 bedrooms 1.5 baths & (1) 3 bedrooms, 1.75 bath. Energy star roof with a 30-yr warranty was installed in June 2022. Most units' water heaters were replaced within the past 4 years. Each unit has 2 parking spaces on site. Individual gas and electrical meter. Tenant pays for all utilities including electricity, gas and trash, except water. El Sereno is an upcoming city, adjacent to Alhambra, Highland Park, S. Pasadena. 10-15 Minutes drive to Costco, Home Depot, USC and Cal State L.A. Walkable score at 95. Lots of upside rent potential for new owner. All rents are current, no behind payment. Only approximately $303/sq.ft. We will have exterior painting or Seller to credit $10000 towards buyer's closing cost.
This is an exceptional investment opportunity in the Los Angeles El Sereno area. This well-maintained property features 6 spacious units, each offering a comfortable 3 bedrooms, 2 bathrooms and 1,136 square feet of living space. This property also boasts a shared community laundry facility and carport covered parking for residents. Located in a desirable area nestled between DTLA and Pasadena, this property presents an ideal combination of comfort and convenience, attracting tenants seeking quality living spaces. Near USC, DTLA and a lot of the amenities of LA, you wont have a problem finding quality renters in this area.
This mixed-use parcel consists of 3 structures: an 1,136 sq.ft. commercial building (under lease); a 1,504 sq.ft. office building currently used as two residential units (one unit is tenant occupied (under lease), and the other unit is occupied by a family member); a 1,290 sq.ft. duplex (one unit is occupied and one unit is vacant). Property being delivered in as-is condition with current tenants.
This mixed-use parcel consists of 3 structures: an 1,136 sq.ft. commercial building (under lease); a 1,504 sq.ft. office building currently used as two residential units (one unit is tenant occupied (under lease), and the other unit is occupied by a family member); a 1,290 sq.ft. duplex (one unit is occupied and one unit is vacant). Property being delivered in as-is condition with current tenants.
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.
Price Reduced!!! Another 4 Units Listing - 448 Salona Avenue, Los Angeles is for Sale by Same Owners. One Buildings Total 5 Units. Each Unit Featuring 2-Story, 2 Bed Rooms & 1.5 Bath. Existing Rent Is Way Below Market Due To Senior Owner Never Adjusted The Rent. Offer Subject to Inspection.
Building in great condition, Perfect for Cannabis store, Area is zoned for it., buyer and agent to verify and due their due diligence. Building could be used for light manufacturing, retail, warehouse, possibilities are endless. Seller may consider carry back and maybe assume existing loan. Call me if you have any questions. Current use is a boutique, event center, party rentals. Not under lease
Building in great condition, Perfect for Cannabis store, Area is zoned for it., buyer and agent to verify and due their due diligence. Building could be used for light manufacturing, retail, warehouse, possibilities are endless. Seller may consider carry back and maybe assume existing loan. Call me if you have any questions. Current use is a boutique, event center, party rentals. Not under lease