Property Overview:
Constructed in 1965, The Huntington is a well-maintained two-story apartment community comprising 30 units and totaling approximately 18,966 square feet. The property sits on a 22,040-square-foot lot (buyer to verify) and features exclusively one-bedroom, one-bathroom units in a variety of floor plans, averaging 734 square feet each.
Amenities & Features:
The building offers four on-site laundry rooms and 33 gated carport parking spaces, with 1 used for trash. Residents enjoy
secure entry, wall-mounted A/C units, a meticulously landscaped courtyard garden, and generous floor plans. In addition to ample on-site parking, the property is conveniently located across the street from public parking.
Upgrades & Condition:
The Huntington has benefited from long-term, hands-on ownership by an experienced multifamily operator, ensuring a level of care and upkeep exceeding that of many third-party managers. The property was re-piped in 2019, and six units have been tastefully renovated with upgrades including new flooring, kitchen counters and cabinetry, sinks, stoves, bathroom vanities and tiles, as well as newer blinds, outlets, and switches.
Location Highlights:
Ideally positioned just one block from the Pacific Boulevard Shopping District, the property offers residents immediate access to a vibrant mix of retail, dining, and entertainment options. The surrounding neighborhood also provides a wide selection of schools, additional shopping, and restaurants within close proximity.
Investment Opportunity:
This well-cared-for asset presents a compelling value-add opportunity, with an estimated 30% potential upside in rental income through additional renovations and strategic management.
Contact listing agent for offering memorandum. 7117 Rugby Ave. is being marketed together with 19 units at 6110 Seville Ave., also in Huntington Park. Properties can be acquired as a portfolio or separately.