5745 Arroyo Dr, Los Angeles CA, 90042

Active

5745 Arroyo Dr

Los Angeles CA, 90042

$1,275,000

$311.58 per sqft

Active

12 Beds

4,092 sqft

Residential

Built in 1961

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.

24-384295

MLSⓇ ID

April 25, 2024

Listed

May 3, 2024

Updated

Map

5745 Arroyo Dr
Los Angeles CA, 90042

Interior Features

Total Stories: 2
Bedrooms: 12
Appliances: Washer, Dryer
Fireplace: No
Cooling: No
Cooling Description: None
Heating: No
Heating Description: None

Exterior/Building Features

Lot Size: 0.13 Acres

Other Property Details

Area Name: Highland Park
Days on Market: 8
Garage: No
Parking: Assigned
Parking Total: 8
View: No
County: Los Angeles
Pool: No
Zoning: LARD2

Listed by Jake Glaser with Lyon Stahl Investment Real Estate, Inc.
Listing Contact: 310-230-5157

Based on information from The MLS^TM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Highland Premiere Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Data last updated 5/3/2024