5745 Arroyo DR, Los Angeles, CA 90042
5745 Arroyo DR, Los Angeles, CA 90042
5745 Arroyo DR, Los Angeles, CA 90042
5745 Arroyo DR, Los Angeles, CA 90042
5745 Arroyo DR, Los Angeles, CA 90042
5745 Arroyo DR, Los Angeles, CA 90042
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Freddie Bustria, Bustria & Associate

Freddie Bustria, Bustria & Associate

+1(619) 733-4485
$ 1,195,000
Est. payment | /mo

12 Beds

6 Baths

4,092 SqFt

Save
$ 1,195,000
Est. payment | /mo
Save

12 Beds

6 Baths

4,092 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,092 sqft

Price per Sqft $292

MLS Listing ID 26837227

Bedrooms 12

HOA Y/N No

Year Built 1961

Lot Size 5,806 Sqft

Property Description

The Saghian Group is 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.Offered at $1,200,000, the asset is priced at a 4.91% in-place cap rate, $293 per square foot, and a 12.29 GRM. 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 83% upside.

Location

State CA

County Los Angeles

Area 632 - Highland Park

Zoning LARD2

Interior

Heating Central

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Assigned, Uncovered

Total Parking Spaces 12

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5492006018

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by David Saghian Lyon Stahl Investment Real Estate, Inc. #01992252

Nearby Locations

Freddie Bustria, Bustria & Associate

Guiding clients through San Diego County's real estate market: tailored solutions for selling, investing, and finding your dream property. Please reach out to me!

+1(619) 733-4485

freddie@freddiebustria.com

8702 La Mesa Blvd, La Mesa, CA, 91942, USA

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5745 Arroyo DR