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Listed by: David Saghian (818) 231-5540 DRE #01992252 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$1,195,000
12 Beds
- 6 Baths
4,092sqft
5745 Arroyo Dr, Los Angeles, CA 90042
$1,195,000
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Multi Family
Built in 1961
$-- HOA
5,806 sqft lot
$292/sq.ft
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 opportunit...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1961
HOA Fees
-
Finished Area
4,092 sqft
Lot Size
5,806 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26837227
MLS Status
Active
Days on Market
50
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