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$1,295,000
New Listing

5745 Arroyo Drive
Los Angeles, CA 90042

For Sale|Residential Income|Active
12
Beds
6
Total Baths
4,092
SqFt
$316
/SqFt
1961
Built
County:
Los Angeles
Listed by David Saghian of Lyon Stahl Investment Real Estate, Inc. [email protected]
Call Now: 760-444-0432
Is this the listing for you? We can help make it yours.
760-444-0432
5745 Arroyo Drive5745 Arroyo Drive5745 Arroyo Drive5745 Arroyo Drive
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We are pleased to present 5745 Arroyo Drive, a 6 unit multifamily investment opportunity located in the highly desirable Highland Park neighborhood of Los Angeles, CA. The property consists of 6 units totaling approximately 4,092 square feet of living space and features a unit mix of (6) two bedroom / one bathroom units. The property also includes on site parking, a valuable amenity in this high demand rental market. The property offers investors the opportunity to capture approximately 83% rental upside, making it an attractive value add opportunity with significant potential to increase income and long term asset value.The property has benefited from approximately $100,000 in recent capital improvements, including exterior paint, partial roof replacement, upgraded trash systems, eco friendly irrigation, concrete work, and various unit repairs. Additionally, the current owner has preliminary plans to add up to six ADUs on site, creating further potential to increase unit count and overall income.Located in one of Northeast Los Angeles' most vibrant neighborhoods, Highland Park continues to attract strong tenant demand due to its proximity to Downtown Los Angeles, Pasadena, and its thriving retail and dining corridors along York Boulevard and Figueroa Street. This offering presents a rare opportunity to acquire a well located asset with strong in place income, significant upside, and future development potential.

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Listing Snapshot
Price 
$1,295,000
Days On Site 
0 Days
Bedrooms 
12
Inside Area (SqFt) 
4,092 sqft
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1333 Acres
Year Built 
1961
MLS® Number 
26662433
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
11 hours agoListing first seen on site
General Features
Acres 
0.1333
Garage 
Yes
Levels 
Multi/Split
Number Of Stories 
2
Parking 
GarageTandem
Parking Spaces 
12
Special Circumstances 
Standard
SqFt Total 
4092
Zoning 
LARD2
Interior Features
Appliances 
Refrigerator
Heating 
Central
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Community Features
MLS Area 
632 - Highland Park


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. The 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.

Neighborhood & Commute
Source: Walkscore
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