4665 Huntington Drive N, Los Angeles, California 90032, Los Angeles, 90032 - bed, bath

4665 Huntington Drive N, Los Angeles, California 90032 home-pic-0
ACTIVE$699,999
4665 Huntington Drive N, Los Angeles, California 90032
0Bed
0Bath
2,020Sqft
4,200Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income Potential: The property offers significant rental upside, presenting a strong investment opportunity.
Top Cons:
Value-Add Property: Requires renovation and upgrades to achieve full rental potential, involving additional investment.

Compared to the nearby listings

Price:$700.0K vs avg $717.5K ($-17,501)33%
Size:2,020 sqft vs avg 1,850 sqft83%
Price/sqft:$347 vs avg $46117%

More Insights

Built in 1955 (70 years old).
Condition: The property was built in 1955. The images show the exterior and parking area. The exterior appears to be maintained, but the absence of interior images makes it difficult to assess the condition of the kitchen, bathrooms, and other interior features. Given the age, it's likely that updates are needed, but without further information, 'fair' is the most appropriate assessment.
Year Built
1955
Close
-
List price
$700K
Original List price
$800K
Price/Sqft
$347
HOA
-
Days on market
-
Sold On
-
MLS number
AR25021642
Home ConditionFair
Features
View-

About this home

Take A LOOK at 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 for up to 2 years.

Price History

Date
Event
Price
07/03/00
Sold
$137,000
04/06/98
Sold
$225,000
10/07/97
Sold
$127,000
10/07/97
Sold
$195,000
10/20/15
Sold
$428,000
Condition Rating
Fair

The property was built in 1955. The images show the exterior and parking area. The exterior appears to be maintained, but the absence of interior images makes it difficult to assess the condition of the kitchen, bathrooms, and other interior features. Given the age, it's likely that updates are needed, but without further information, 'fair' is the most appropriate assessment.
Pros & Cons

Pros

Income Potential: The property offers significant rental upside, presenting a strong investment opportunity.
Desirable Location: Located in the high-demand El Sereno neighborhood, attracting tenants and buyers.
Multiple Units: Comprised of four units (3 x 1-bedroom, 1 x 2-bedroom), providing diverse income streams.
Individual Metering: Each unit is individually metered for gas and electricity, simplifying utility management and tenant billing.
Parking: The property includes parking in the back, a valuable amenity for tenants.

Cons

Value-Add Property: Requires renovation and upgrades to achieve full rental potential, involving additional investment.
Property Age: Built in 1955, the property may require ongoing maintenance and repairs due to its age.
Competition: Other similar properties in El Sereno may offer more modern amenities or be in better condition, creating competition for tenants.

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