5073 Huntington Dr N | Los Angeles Los Angeles, CA 90032
Property Features for 5073 Huntington Dr N | Los Angeles
General Information
- Size
- 6 SF
Building Details
- Year built
- 2006
Source:
Lee-associates
Listing Agent: Matthew Sullivan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
El Sereno Multifamily Investment Opportunity
Located in the El Sereno neighborhood of Los Angeles, 5073 Huntington Drive is a 6,400 square foot, 15-unit multifamily property. Situated on the northeast corner of Huntington Drive and Portola Avenue, the three-story building is zoned C4 and occupies a 4,500 square foot lot. The unit mix consists of 15 studio units with kitchenettes. Onsite amenities include a laundry room, air conditioning in units, and gated limited uncovered and tuck under parking. Originally permitted and built as 3 affordable units, the property is currently being processed through the City of Los Angeles Unpermitted Dwelling Units program for 15 affordable units. Five units are currently occupied. The property will be delivered with a Ready to Issue (RTI) building permit for 15 units and will include an affordable rental restriction covenant, with rental rate levels to be determined by the Los Angeles Housing Department. The property is intended for use as an apartment building, multifamily property, or residential income property.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.17176
- Latitude
- 34.08935
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 15-unit multifamily property with RTI permit in El Sereno.
Where is this apartment building located?
The property is located at 5073 Huntington Dr N | Los Angeles Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: - Ready to Issue (RTI) building permit for 15 units.; - Property is being processed for 15 affordable units through the City of Los Angeles Unpermitted Dwelling Units program.; - **15 Studio units with kitchenettes.**