Property Detail

5745 Arroyo

Los Angeles CA 90042

$1,275,000

Status: Active

Property Details

Description

5745 Arroyo Dr, a fantastic 6-unitinvestment property located in Highland Park in Los Angeles, CA. This property has had over $60,000 in recent capital improvements. Some of the recent improvements included upgrading trash bins to city dumpsters, new eco-friendly irrigation, exterior paint, partial roof replacement, concrete work & individual unit repairs. This property is being offered well below its previous sale price due to unforeseen circumstances from current ownership, providing a fantastic opportunity for a new buyer. The property features 6 units and 4,092 square feet of living area in total. The property features (6) 2 bed / 1 bath units and offers savvy investors the opportunity to capitalize on over 100% upside in the current rents. Offered at a competitive basis, this property is nestled in one of the fastest growing neighborhoods Los Angeles has to offer.

Map Location

Listing provided courtesy of Jake Glaser of Lyon Stahl Investment Real Estate, Inc.. Last updated 2024-05-06 08:11:18.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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