Thank you
Jake Glaser
Lyon Stahl Investment Real Estate, Inc.
310-425-9838
5745 Arroyo Dr, a fantastic 6-unitinvestment property located in Highland Park in Los Angeles, CA. This property has had over $60,000 in recent capital improvements. Some of the recent improvements included upgrading trash bins to city dumpsters, new eco-friendly irrigation, exterior paint, partial roof replacement, concrete work & individual unit repairs. This property is being offered well below its previous sale price due to unforeseen circumstances from current ownership, providing a fantastic opportunity for a new buyer. The property features 6 units and 4,092 square feet of living area in total. The property features (6) 2 bed / 1 bath units and offers savvy investors the opportunity to capitalize on over 100% upside in the current rents. Offered at a competitive basis, this property is nestled in one of the fastest growing neighborhoods Los Angeles has to offer.
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Total Bedrooms : 12
Total Baths: 6
Full Baths: 0
Half Baths: 0
Property Appliances: Dryer,Washer
None
Air Conditioning
None
Has Heating
Year Built: 1961
Building Area Total: 4,092
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1333
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5806
Original List Price: 1,275,000
Listing Contract Date: 2024-04-25
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5492006018
Garage Description: Assigned
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 632 - Highland Park
Postal Code Plus 4: 5207
Directions: Exit Via Marisol off the 110 FWY
Zoning: LARD2
Source Property Type: Residential Income
Area: 632 - Highland Park
Property Age: 63
Year Built Source: Vendor Enhanced
Total Square Feet Living: 4092
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
936 N Staley Lane, Los Angeles, CA,90042 | $435,000 | -- | -- | -- | 11403 Sqft |
5938 E Echo Street, Los Angeles, CA,90042 | $1,350,000 | 5 | -- | 2,180 | 5798 Sqft |
1124 Highgrove Terrace, Los Angeles, CA,90042 | $260,000 | -- | -- | -- | 8342 Sqft |
Locke, Los Angeles, CA,90042 | $65,000 | -- | -- | -- | 7586 Sqft |
4781 Marmion Way, Los Angeles, CA,90042 | $29,999 | -- | -- | -- | 6199 Sqft |
Furness Av, Los Angeles, CA,90042 | $33,000 | -- | -- | -- | 5835 Sqft |
1900 N Avenue 55, Los Angeles, CA,90042 | $275,000 | -- | -- | -- | 11006 Sqft |
6249 Strickland Avenue, Los Angeles, CA,90042 | $899,000 | 3 | 1 | 720 | 4678 Sqft |
1421 N Avenue 57, Los Angeles, CA,90042 | $149,900 | -- | -- | -- | 8022 Sqft |
1711 N Avenue 53, Los Angeles, CA,90042 | $1,598,800 | 3 | 1 | 1,624 | 5999 Sqft |
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ByOwner last updated this listing 05/16/2024 @ 00:20
MLS: 24384295
LISTED BY: Jake Glaser, Lyon Stahl Investment Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.