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Buy a propertyat 772 W Huntington Drive, Arcadia, CA 91007

$6,800,000

$0/mo

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Multifamily

11,486 Sq. Ft.

15,766 Sq. Ft. lot

21 Bedrooms

0 Bathrooms

323 Days on market

23282667 MLS ID

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About 772 W Huntington Drive property

We are pleased to present for sale this 7 unit condo style apartment building in prime Arcadia. Offered for the first time ever on the market by the original owner/developer of the property, this is an extremely rare opportunity for an investor to acquire a 2004 construction quality asset in a thriving rental market. Situated on a 15,766 square foot lot, the building is approximately 11,486 square feet and features a unit mix of six 3 bedroom 2.5 bath units and one 3 bedroom 2 bath unit. The property is extremely well parked with a total of 18 parking spaces: (8) 2 car garages, (1) single car garage and 1 additional open parking space. All units are two-story townhouse style with central a/c and heat, dishwashers, individual washer/dryer hookups, separate meters for gas and electricity, and direct access to the unit from their assigned garage. Select units have been upgraded with wood flooring and countertops and there may be a potential future condo conversion possibility (Buyer to verify with the city).
We are pleased to present for sale this 7 unit condo style apartment building in prime Arcadia. Offered for the first time ever on the market by the original owner/developer of the property, this is an extremely rare opportunity for an investor to acquire a 2004 construction quality asset in a thriving rental market. Situated on a 15,766 square foot lot, the building is approximately 11,486 square feet and features a unit mix of six 3 bedroom 2.5 bath units and one 3 bedroom 2 bath unit. The property is extremely well parked with a total of 18 parking spaces: (8) 2 car garages, (1) single car garage and 1 additional open parking space. All units are two-story townhouse style with central a/c and heat, dishwashers, individual washer/dryer hookups, separate meters for gas and electricity, and direct access to the unit from their assigned garage. Select units have been upgraded with wood flooring and countertops and there may be a potential future condo conversion possibility (Buyer to verify with the city).

Property details

Appliances and Equipment

Dishwasher

Bathrooms

20 total bathrooms

Bedrooms

21 total bedrooms

House

2 total stories

Built in 2004

11,486 sqft living area

11486 total building sqft

Cooling

Central Air

Heating

Central

Income

Gross Income: 202200

Net Operating Income: 93641

Listing

Listing ID: 23282667

8 days on market

Listed on 2023-06-20

Location

County: Los Angeles

Lot

15766 sqft

0.3619 acres

Area: 15766

Dimensions: 79x200

Parking

18 total parking spaces

Door-Multi

Door-Single

Garage

Uncovered

Property

Single building

7 units

Monthly cost

Estimated monthly cost

$43,332/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$6,392,000

+$204,000

$6,596,000

Seller agent commission$204,000 (3%)*

$0 (0%)

Buyer agent commission$204,000 (3%)*

$204,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with an Unreal Estate agent

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State

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Unreal Estate checked: May 8, 2024 at 10:44 p.m.

Data updated: Jun 28, 2023 at 11:05 a.m.

Property listed by Realty Investment Advisors, Inc., Benjamin J. Hsiang
Based on information from California Regional Multiple Listing Service, Inc. as of 06/28/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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