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4215 Huntington Dr N 0.19 Acres of Commercial Land Offered at $899,000 in Los Angeles, CA 90032
INVESTMENT HIGHLIGHTS
- Studios up nearly 30% YOY in El Sereno = pressure on supply (from approximately $1,637 to $2,100) in the latest period.
- Average rents in El Sereno are over $2,000/month, with studios up nearly 30% year-over-year, reflecting strong absorption and affordability pressure.
- Located directly on Huntington Drive, a wide arterial street that connects El Sereno, South Pasadena, Highland Park, and Downtown LA.
- The property includes architectural plans for a modern apartment community designed to capture strong rental demand in a supply-constrained market.
EXECUTIVE SUMMARY
Entitled 22-unit multifamily development site in El Sereno. Includes full architectural plans and renderings, saving time and cost. Prime location between Downtown LA, Pasadena, and Highland Park, positioned to capture strong rental demand in a supply-constrained market.
PROPERTY FACTS
| Price | $899,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.19 AC |
| Property Type | Land | ||
| Zoning | LAC2 - Commercial | ||
| Price | $899,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.19 AC |
| Zoning | LAC2 - Commercial |
1 LOT AVAILABLE
Lot
| Price | $899,000 | Lot Size | 0.19 AC |
| Price Per AC | $4,756,613.76 |
| Price | $899,000 |
| Price Per AC | $4,756,613.76 |
| Lot Size | 0.19 AC |
Flat, vacant land entitled for 22 units.
1 1
PROPERTY TAXES
| Parcel Number | 5209-032-029 | Improvements Assessment | $0 |
| Land Assessment | $649,458 | Total Assessment | $649,458 |
PROPERTY TAXES
Parcel Number
5209-032-029
Land Assessment
$649,458
Improvements Assessment
$0
Total Assessment
$649,458
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4215 Huntington Dr N
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