5745 Arroyo Drive, Los Angeles CA, 90042

Active

5745 Arroyo Drive

Los Angeles CA, 90042

$1,275,000

$311.58 per sqft

Active

12 Beds

6 Baths

4,092 sqft

Residential

Built in 1961

Listed by Jake Glaser with 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.

24384295

MLSⓇ ID

April 25, 2024

Listed

May 3, 2024

Updated

Map

5745 Arroyo Drive
Los Angeles CA, 90042

Interior Features

Total Stories: 2
Bedrooms: 12
Total Bathrooms: 6
Appliances: Dryer, Washer
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: 632 - Highland Park
Days on Market: 8
Garage: No
Parking: Assigned
Parking Total: 8
View: No
County: Los Angeles
Pool: No
Zoning: LARD2
Buyer Agency Compensation: 2%

Listing Contact: 310-425-9838

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/3/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 5/3/2024 at 2:08 PM UTC