Three-Building Apartment
921 W Huntington Drive Arcadia, CA 91007
For Sale
$8,200,000
Well-maintained 20-unit, three-building residential property with parking, pool, and on-site laundry.
Property Size16,314 SF
Price / SF$502.64
Days on Market30
Property Features for 921 W Huntington Drive
General Information
Standard status
Active
Size
16,314 SF
Property subtype
Multi-family
Building Details
Year Built
1953
Listing Agency:
Realty Investment Advisors,Inc.
Listed By:
Benjamin J. Hsiang
(714) 497-3550
Source:
Sevengables
Added: Jun 30
Changed: Jul 27
Last Checked: Jul 28 at 9:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Investment Advisors,Inc.
Investment Insights
Based on property information with market context.
This for-sale apartment community consists of three separate residential buildings totaling 20 units. The unit mix includes eight two-bedroom, one-bathroom homes and twelve one-bedroom, one-bathroom homes. The property includes a swimming pool, landscaped grounds, abundant parking, and a laundry facility with three sets of owned washers and dryers.
The buildings sit on a single lot along West Huntington Drive within the Arcadia Unified School District. The ownership reports extensive capital improvements, including copper plumbing upgrades, newer roofing, fresh exterior paint, electrical subpanel replacements, and interior unit renovations.
Units are separately metered for gas and electricity. Parking totals 28 spaces, including garages and open parking, supporting resident access and day-to-day convenience.
The buildings sit on a single lot along West Huntington Drive within the Arcadia Unified School District. The ownership reports extensive capital improvements, including copper plumbing upgrades, newer roofing, fresh exterior paint, electrical subpanel replacements, and interior unit renovations.
Units are separately metered for gas and electricity. Parking totals 28 spaces, including garages and open parking, supporting resident access and day-to-day convenience.
Key Highlights
- 20‑unit apartment community on a 34,969 SF lot in Arcadia Unified School District
- Three separate residential buildings with 8 two‑bedroom/1‑bath units and 12 one‑bedroom/1‑bath units
- Well‑maintained community amenities include a swimming pool, landscaped grounds, abundant parking, and a laundry facility
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $518.8k | $31.80 |
| − Vacancy | −$41.5k | −$2.54 |
| EGI | $477.3k | $29.26 |
| − OpEx | −$214.8k | −$13.17 |
| NOI | $262.5k | $16.09 |
16,314 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.75M
$3.28M – $4.38M
NOI $262,505 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.73M
$7.64M – $10.19M
NOI $611,412 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 20-unit, three-building residential property with parking, pool, and on-site laundry.
Where is this apartment building located?
The property is located at 921 W Huntington Drive Arcadia, CA.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: 20‑unit apartment community on a 34,969 SF lot in Arcadia Unified School District; Three separate residential buildings with 8 two‑bedroom/1‑bath units and 12 one‑bedroom/1‑bath units; Well‑maintained community amenities include a swimming pool, landscaped grounds, abundant parking, and a laundry facility
