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$2,448,500
AR26178178 MLS Active Status
Located in the heart of El Sereno, 5005 Axtell St presents a prime opportunity to acquire a 12-unit multifamily property in a well-positioned Los Angeles neighborhood. Built in 1963, the property features a strong unit mix consisting of (10) two-bedroom/one-bathroom units, (1) one-bedroom/one-bathroom unit, and (1) studio unit. The building spans 9,312 square feet on an 11,342 square foot lot, offering ample living space for tenants. Situated in a desirable residential area, the property benefits from proximity to Cal State LA, Downtown Los Angeles, Dodger Stadium, and major freeways, providing convenient access to employment hubs, dining, and entertainment. This property presents an excellent investment opportunity for both seasoned and new multifamily investors.

5005 Axtell, Los Angeles

$2,350,000
WS26033522 MLS Active Status
5300 Huntington Drive, Los Angeles is an appealing three-story apartment property built in 1986 (is not under City of Los Angeles Rent Stabilization Ordinance), which is in the heart of El Sereno area. It has total ten well-maintained units with 6,738 sqft living area, which combine six 2 beds +1 bath units and four 1 bed + 1 bath units. The first floor are huge community garages, around 17 spaces; the property also has ample street parking spaces. It is a secure gated building, fully leased now. Nine units already changed to laminate floors. It is in a very high-demand rental area with significant rental upside waiting for an astute multifamily investor. It is on the Huntington Drive commercial corridor, walking distance to grocery store, library, bank, restaurants, various shops, school, public transportation, etc. It is close to Costco, Target, ALDI, strip plazas, Cal State University of Los Angeles, and many more. It has easy access to Freeway 110, 710, 10, and 5; adjacent to City of Alhambra and South Pasadena; just 6 miles away from Downtown LA and Los Angeles Union Station, make it a very compelling value-add real estate asset for both seasoned and new investors. Drive by only, please do not walk in the property or disturb any tenants.

5300 Huntington S, Los Angeles

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