855 W Huntington Drive, Arcadia, CA 91007 (MLS # AR18106272) – Drew de la Houssaye - Realtor ©

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855 W Huntington Drive, Arcadia, CA 91007 (MLS # AR18106272)

Price $15,750,000
Status Active
Beds 0
Baths 0 bath
Home size 34,972 sq ft
Lot Size 1.27 ac
Days on Market 104
Huntington Place – 855-875 W Huntington Drive is a prominent 42-unit value-add apartment community located in the highly desirable City of Arcadia, CA. This offering presents an extremely rare opportunity for investors to acquire one of largest apartment community in the affluent City of Arcadia, CA. The property is being offered as one of the highest CAP Rate and lowest GRM in comparison to Arcadia multifamily sales comparable in the past 12 months! The property is unique due to its size and its superb location just a block away from the highly popular Westfield Santa Anita Mall and Santa Anita Race Track, providing unparalleled access to some of the main attractions in the West San Gabriel Valley submarket. The property is located within the prestigious and desirable Arcadia Unified School District and enjoys superb demographics of $110,749 average household incomes within a 3-mile radius. It is surrounded by newer townhomes on its east and west side, and single-family residential community on its north side. The property is a two-story garden style apartment community with a beautiful center courtyard and ample parking in both the front and back. It was built in 1953 and has a total of ±34,972 square feet of building area on an oversized lot of ±55,503 square feet. The property consists of 3 different parcels and buildings.
Property Type(s): Residential Income
Last Updated 5/7/2018 Year Built 1953
Community 605 - Arcadia County Los Angeles

Additional Details

AIR See Remarks, Wall Window
AIR CONDITIONING Yes
AREA 605 - Arcadia
FIREPLACE Yes
GARAGE Assigned, Carport, Covered Parking, Driveway
HEAT Floor Furnace, See Remarks, Wall Heater
HOA DUES 0.00
LOT 1.27 acre(s)
LOT DESCRIPTION Lot Over 40000 Sqft
POOL DESCRIPTION Community Pool,In Ground
STORIES 2
UTILITIES Phone Connected,Sewer Connected,Water Connected
WATER Public
ZONING ARR3*

Location

 

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Listing provided by : Handoko Chen CalBRE:01749321, GIG Real Estate Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 8/18/18 12:58 PM PDT 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

This IDX solution is (c) Diverse Solutions 2018.

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(310) 300-0635 fx
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