Address
855 W Huntington Drive Arcadia, CA
Price
$ 15,750,000
Property Attributes
  • MLS#AR18106272
  • TypeIncome
  • CountyLOS ANGELES
  • CityArcadia
  • AreaArcadia
  • Zip91007
  • Style
  • Price$ 15,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage34972
  • Lot Size1.27 Acres
Listing Provided Courtesy Of:
Handoko Chen with GIG Real Estate Inc..
Property Description

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.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
5/7/2018 Listed $15,750,000

General Features

Attached Structure Attached
Community Features Suburban, Valley
HOA Fee 0.00
Levels Two
Listagentstatelicense 01749321
Listing Agent Handoko Chen - BRE#01749321
MLS Area 605 - Arcadia
Price Per Square Foot 450.36
Property Attached Y/N 1
Special Listing Conditions Standard
Total Units 42
Utilities Phone Connected, Sewer Connected, Water Connected
Zoning ARR3*

Interior Features

Air Conditioning Y/N 1
Average1bedareaunits Square Feet
Average2bedareaunits Square Feet
Average3bedareaunits Square Feet
Averagestudioareaunits Square Feet
Common Walls 2+ Common Walls
Cooling Wall Window, See Remarks
Fireplace Features Living Room, See Remarks
Fireplace Y/N 1
Heating Floor Furnace, Wall Heater, See Remarks
Heating Y/N 1
Laundry Features Community
Laundry Y/N 1
Number of Wall ACs 42
Numberwithdisposal 42
Numberwithrange 42
Total Stories 2

Exterior Features

Building Area Total 34972.00
Carport Spaces 36.00
Garage Spaces 3.00
Lot Features Lot Over 40000 Sqft
Lot Size Source Assessor
Lot Size Square Feet 55507.00
Lotsizeunits Square Feet
Number of Buildings 3
Number of Separate Electric Meters 43
Number of Separate Gas Meters 43
Number of Separate Water Meters 1
Parking Features Assigned, Carport, Covered Parking, Driveway
Parking Y/N 1
Pool Features Community Pool, In Ground
Total Parking 66.00
Uncoveredspaces 27.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91007

Price
AVG $5.9M
$15.75M
Visits
AVG 34
51
Year Built
AVG 1960
1953

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