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5745 Arroyo Dr
Los Angeles, CA 90042 Highland Park

$1,245,000 USD

Apartments For Sale  •  4,092 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,092 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1961
  • Zoning RD2, Los Angeles
40 Transit Score
40 Walk Score

Highlights

83% Rental Upside - Significant value add opportunity to increase rents and improve overall cash flow.
Strong Unit Mix - Features six (6) 2 bed / 1 bath units, a highly desirable layout for tenants.
ADU Potential Owner has preliminary plans for up to six (6) ADUs, offering major future income potential.
Recent Improvements - Approximately $100,000 in recent capital improvements including exterior paint, roof work, irrigation, and property upgrades.
On Site Parking - Includes tenant parking, a valuable amenity in this dense rental market.
Prime Highland Park Location - Minutes from York Blvd, Figueroa St, DTLA, and Pasadena with strong tenant demand.

Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 6.2 mi
Cal State La Metrolink Station (Metrolink San Bernardino Line - Metrolink Trains) 12 min - 9.0 mi
Transit/SubwayDriveWalkDistance
Highland Park Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 12 min 0.6 mi
AirportDriveWalkDistance
Bob Hope 23 min - 17.0 mi
Los Angeles International 31 min - 20.0 mi
Long Beach (Daugherty Field) 37 min - 25.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
David Saghian 818-231-5540 Lyon Stahl Investment Real Estate
David Saghian 818-231-5540 Lyon Stahl Investment Real Estate