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34367602
34367567

4791 HUNTINGTON DR N, LOS ANGELES, CA 90032 For Sale

VJ
CA DRE# 01905917, CA DRE# 01413466
Ingenious Asset Group, Inc.
Listed by Ingenious Asset Group, Inc.
$495,000
5 days on market
Updated 3 days ago

4791 Huntington Dr N Los Angeles CA 90032

Details
APN 5213-003-006
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,354
Units 2
Occupancy 50%
Tenancy Vacant
Price per SqFt $366
Year Built 1942
Buildings 1
Lot Size (SqFt) 4,507
Zoning LARD3
Parking Spaces 2 spaces
Parking per 1,000 SqFt 1.48
Investment Type Redevelopment
Sale Condition Sale for leaseback

Great investment and redevelopment opportunity in East LA!

Marketing description

PROBATE Sale, subject to Court Confirmation and overbidding in Court. Great investment and redevelopment opportunity in East LA! One of the 2 duplexes and 8 parcels being sold together. For Sale AFTER 18 years in El Sereno neighborhood. Property is currently occupied by the beneficiary of the selling Trust. Seller to lease back subject property for 90-days after close of escrow at $2,000/mo. Both units are separately metered for electricity and gas services. Property needs rehab and updating. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied. All 8 parcels (4791 Huntington Dr. N (Duplex), 4790 Academy St (Duplex), 6 Vacant Lands APNs 5213-003-007, 5213-003-008, 5213-003-009, 5213-003-017, 5213-003-018, 5213-003-020) are to be sold together to one buyer only and will be subject to Court overbidding as one unified sale. The total asking price for the eight parcels is $1,100,000. An Easement Deed for Ingress and Egress was recorded in September 2022, granting a driveway easement benefiting 4791 Huntington Dr. N over a portion of 4790 Academy St. Just minutes away from Dodger Stadium, DTLA & Pasadena and with easy access to the 5, 10, 110 and 710 freeways. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Buyer to conduct their own investigations.

Investment highlights

PROBATE Sale, subject to Court Confirmation and overbidding in Court.

One of the 2 duplexes and 8 parcels being sold together to one buyer only.

Both units are separately metered for electricity and gas services.

Seller to lease back subject property for 90-days after close of escrow at $2,000/mo.

An Easement Deed for Ingress and Egress was recorded in September 2022, granting a driveway easement benefiting 4791 Huntington Dr. N over a portion of 4790 Academy St.

Listing Contacts

VJ
CA DRE# 01905917, CA DRE# 01413466
Ingenious Asset Group, Inc.
Listed by Ingenious Asset Group, Inc.

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