Los Angeles, CA 90042 5745 Arroyo Drive

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Presented By: Jake Glaser with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 24384295
  • 04/25/2024
  • Request Tour
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  • BedBeds • 12
  • BathBaths • 6
  • FootageSQFT • 4,092

Home Details

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.
Presented By: Jake Glaser with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 5745 Arroyo Drive

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths6

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixDrive
Total Stories2

General for 5745 Arroyo Drive

Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Cap Rate3.38
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market8
DirectionsExit Via Marisol off the 110 FWY
Garage Y/NNo
Gross Income82484.0
HOA / Comm AssnNo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5806.0
MLS Area632 - Highland Park
MobileHomeRemainsYNNo
Net Operating Income43065.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameArroyo
Total Units6
View Y/NNo
Waterfront Y/NNo
Year Built1961
ZoningLARD2

Exterior for 5745 Arroyo Drive

Building Area Total4092.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1333
Lot Size Area5806.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking8.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,275,000
MLS#24384295
List Date 04/25/2024
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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