5122 Huntington Drive

    Los Angeles (City), CA 90032
    • $1,075,000
    • STATUS: Closed
    • ON SITE: 241 days
    • ID#: 19-516918
    Sold - 02/07/2020
    $1,075,000
    SOLD - 02/07/2020
    • 3
      BEDS
    • 0.15
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,400
      SQFT
    • $0
      $/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.

    Sold by Brent Sprenkle BRE#01290116 of Berkadia.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-05-31T16:42:12.323. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/99546717

    5122 Huntington Drive Los Angeles (City), CA 90032

    • Price: $1,075,000
    • Status: Closed
    • Updated: 74 min ago
    • ID#: 19-516918
    3
    Beds
    4
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,400
    SQFT
    $0
    $/SQFT
    1911
    Built
    Neighborhood:
    El Sereno (621)
    County:
    Los Angeles
    Area:
    El Sereno (621)
    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

    Parking Features Gated Parking Spaces Total 5

    Interior Features

    Appliances None Cooling Type Wall Unit(S) Heating Type Wall Heater Total Floors 1 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 0.0 Unit Number Of Bed01 0 Unit Number Of Bed02 1 Unit Number Of Bed03 1 Unit Number Of Bed04 0

    Property Features

    Adjusted Gross Income 90470.00 Assessed Improvement Value 105624.00 Assessed Land Value 158436.00 Cap Rate 5.75 Country United States Of America Expense Total Annual 29225.00 Gross Operating Income 93268.00 Gross Rent Multiplier 11.45 Hoa YN N Legal Disclosures No Property Assessments Lot Size Source Other Net Operating Income 61845.00 Number Of Buildings 2 Special Conditions Standard Sale Square Footage Source Other Unit Monthly Rent01 1200.00 Unit Monthly Rent02 1065.00 Unit Monthly Rent03 1442.00 Unit Monthly Rent04 1500.00 Unit Projected Total Monthly Rent01 1250.00 Unit Projected Total Monthly Rent02 3000.00 Unit Projected Total Monthly Rent03 1700.00 Unit Projected Total Monthly Rent04 3300.00 Unit Total Monthly Rent01 1200.00 Unit Total Monthly Rent02 2130.00 Unit Total Monthly Rent03 1442.00 Unit Total Monthly Rent04 3000.00 Unit Type01 1 Unit Type02 2 Unit Type03 1 Unit Type04 2 Units Total In Complex 6 Zoning C4-1Xl

    Listing provided courtesy of Brent Sprenkle DRE#01290116 of Berkadia.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-05-31T16:42:12.323. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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