$1,275,000
5745 Arroyo Drive, Los Angeles 90042
12
Beds
6
Baths
4,092
Square feet
5,806
Lot Size
6
# Of Units
Listing Agent
Jake Glaser - Lyon Stahl Investment Real Estate, Inc.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.
Facts & Features
MLS® # | 24384295 |
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Price | $1,275,000 |
Bedrooms | 12 |
Bathrooms | 6.00 |
Square Footage | 4,092 |
Lot Size | 5,806 |
Year Built | 1961 |
Type | Residential Income |
Status | Active |
# Of Units | 6 |
Community Information
Address | 5745 Arroyo Drive |
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Area | 632 - Highland Park |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90042 |
Amenities
Parking Spaces | 8 |
---|---|
Parking | Assigned |
Garages | Assigned |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Dryer, Washer |
---|---|
Heating | None |
Cooling | None |
Has Basement | No |
Fireplace | No |
# of Stories | 2 |
Stories | Two |
Additional Information
Date Listed | April 25th, 2024 |
---|---|
Days on Market | 10 |
Zoning | LARD2 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Jake Glaser |
---|---|
Office | Lyon Stahl Investment Real Estate, Inc. |