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Huntington Cottages possible Seller Financing 4665-4669 Huntington Dr N 8 Unit Apartment Building $1,400,000 ($175,000/Unit) 4.39% Cap Rate Los Angeles, CA 90032



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.
Seller may consider carrying. Reach out to discuss.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$96,876
|
$23.98
|
| Other Income |
$426
|
$0.11
|
| Vacancy Loss |
$2,919
|
$0.72
|
| Effective Gross Income |
$94,383
|
$23.36
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$41,067
|
$10.17
|
| Net Operating Income |
$53,316
|
$13.20
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $96,876 |
| Annual Per SF | $23.98 |
| Other Income | |
|---|---|
| Annual | $426 |
| Annual Per SF | $0.11 |
| Vacancy Loss | |
|---|---|
| Annual | $2,919 |
| Annual Per SF | $0.72 |
| Effective Gross Income | |
|---|---|
| Annual | $94,383 |
| Annual Per SF | $23.36 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $41,067 |
| Annual Per SF | $10.17 |
| Net Operating Income | |
|---|---|
| Annual | $53,316 |
| Annual Per SF | $13.20 |
PROPERTY FACTS
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 | $1,303 | 450 |
| 2+1 | 2 | $1,737 | 675 |
1 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $477,123 (2025) | |
| Land Assessment | $510,270 (2025) | Total Assessment | $987,393 (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$510,270 (2025)
Improvements Assessment
$477,123 (2025)
Total Assessment
$987,393 (2025)
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Huntington Cottages possible Seller Financing | 4665-4669 Huntington Dr N
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