1170 Huntington Drive represents a very rare offering; available For Sale for the first time in 23 years, this 20-unit multi-family asset, originally built in 1956, consistently benefits from 100% occupancy and features a favorable unit mix of spacious & bright 1 and 2 bedroom units. The R3-zoned lot sprawls 25,262 SF and sits proudly on a prominent corner location, close to endless lifestyle, shopping and dining amenities. Nine 1-bedroom, 1-bathroom units, and eleven 2-bedroom, 1-bathroom units are spread throughout the 2-story, center courtyard designed building, featuring a large swimmers pool and sun-filled decks in the middle. Many of the units are tastefully updated w/ modern touches and desirable aesthetics. Professionally managed, the asset features separate utility meters, parking + additional storage for all residents, a common-area laundry room and open-air walk-ways. An Investor can benefit from approximately 20% upside in rents, allowing for accelerated future growth.
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