772 West Huntington Drive

Arcadia, CA 91007

$6,300,000
Price
21
Beds
20
Baths
11,486 Sq. Ft.
$548 / Sq. Ft.
11,486
Sq. Ft.
$548
per Sq. Ft.

Description

We are pleased to present for sale this 7 unit condo style apartment building in prime Arcadia. Offered for sale 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...We are pleased to present for sale this 7 unit condo style apartment building in prime Arcadia. Offered for sale 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).
  1. Listed by Benjamin J. Hsiang • DRE #01438644 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.
  2. Listed by Alexander Metaxas • DRE #01784652 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.

Property Details for 772 West Huntington Drive

Zoning
ARR3YY
Parcel Number
5783010002
Total Units
7.0
Living Area
11486
Source Living Area
Vendor Enhanced
Area
Arcadia (605)
Vacancy Rate
0
Lot Size Area
15770

Location

Listing Courtesy of Realty Investment Advisors, Inc., Benjamin J. Hsiang, DRE #01438644; Realty Investment Advisors, Inc., Alexander Metaxas, DRE #01784652
Add your commute
LISTING UPDATED: 04/10/2024 12:01 AM

Property Details for 772 West Huntington Drive

StatusActive
MLS #24-372735
Days on Market32
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2004
Lot Size0.36 AC / 15,770 SF
CountyLos Angeles County

Location

Listing Courtesy of Realty Investment Advisors, Inc., Benjamin J. Hsiang, DRE #01438644; Realty Investment Advisors, Inc., Alexander Metaxas, DRE #01784652
Add your commute

Building Information for 772 West Huntington Drive

Stories2Residences-Year Built2004Building Size-Lot Size0.36 AC / 15,770 SF

Payment Calculator

$36,704 per month

30 year fixed, 7.25% Interest

Principal and Interest

$34,382

Property Taxes

$2,322

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 772 West Huntington Drive

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $200,790
  • Net Operating Income: $104,297.00
  • Gross Income: $207,000
  • Cap Rate: 1.66%
  • Gross Rent Multiplier: $30.43
  • Total Annual Expense: 96493
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.362
  • Lot Size Square Feet: 15770
  • Lot Size Dimensions: 79x200
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car, Garage - 1 Car, Uncovered, Parking Space
  • Total Parking: 18
  • Covered Parking: 17
  • Open Other Spaces Total: 1
  • Garage Spaces Total: 17
  • Parking Features: Garage - Two Door, Garage - Single Door, Uncovered, Parking Space
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Gas Or Electric Dryer Hookup, Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-02-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $14,750.00
  • Unit Projected Rent: $21,000.00
  • Like Units: 6
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,134,793.00
  • Assessed Improvement Percent: 49.97
  • Assessed Land Value: $1,136,270.00
  • Assessed Land Percent: 50.03
  • Assessed Total Value: $2,271,063.00

Property History for 772 West Huntington Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 772 West Huntington Drive

Taxable ValueLand$1,136,270Additions$1,134,793Total$2,271,063
Tax Record2023$27,860 ($2,322 / month)
Home Facts
Total Finished SqFt11,486 SqFtAbove Grade Finished SqFt11,486 SqFtStories1Lot Size15,766 SqFtStyleMulti-Family Res (5+ Units)Year Built2004ZoningARR3YYCountyLOS ANGELESAPN5783-010-002

Schools near 772 West Huntington Drive

This home is within Arcadia Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 12
Rating
School
Distance
Hugo Reid Elementary School
PublicK to 5

Foothills Middle School
Public6 to 8

Arcadia High School
Public9 to 12

Rancho Learning Center (Alternative)
Public1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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772 West Huntington Drive is a multi-family home for sale in Arcadia, CA 91007. This property was listed for sale on April 2, 2024 by Realty Investment Advisors, Inc., it's currently listed at $6,300,000. It has been on the market for a total of 32 days and was last sold on May 12, 2005. This listing's school district is Arcadia Unified School District. Nearby schools include Hugo Reid Elementary School, Foothills Middle School and Arcadia High School. 772 West Huntington Drive is a 21-bed, 20-bath, 11,486 sqft multi-family home built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Investment Advisors, Inc., Benjamin J. Hsiang, DRE #01438644; Realty Investment Advisors, Inc., Alexander Metaxas, DRE #01784652

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.