5745 Arroyo Dr, Los Angeles, CA 90042
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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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Cristian Farias

Cristian Farias

Engel & Völkers

+1(619) 808-6567
$ 1,200,000
Est. payment /mo
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5745 Arroyo Dr Los Angeles, CA 90042

12 Beds

6 Baths

4,092 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,092 sqft

Price per Sqft $293

MLS Listing ID 26837227

Bedrooms 12

Year Built 1961

Lot Size 5,806 Sqft

Acres 0.1333

Property Sub-Type Multi-Family

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 Highland Park

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning

Equipment Dishwasher, Refrigerator, Range/Oven

Exterior

Parking Features Assigned, Uncovered

Garage Spaces 12.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.
Cristian Farias

Cristian Farias

Advisor

+1(619) 808-6567

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5745 Arroyo Dr