5745 Arroyo Dr, HIGHLAND PARK, CA


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Square feet



About 5745 Arroyo Dr

SELLER FINANCING- 70% LTV, 5% I/O, will carry for 2 years... Take a look at this attractive 6 Unit Value Add opportunity in one of the hottest markets in Los Angeles- Highland Park! The building has all 2-bedroom units with 6 tandem parking spaces and is individually metered for gas and electricity. The current rents are considerably below market with rental upside being +/- 75% below comparable nicely renovated units in the area. It is strategically located near all the Figueroa has to offer as well as the Metro Gold Line and 110 freeway with easy access to Downtown LA. These units are perfect for the buyer looking to add significant value as this pocket in Los Angeles has proven the strength of the rental market which continues to improve. The size and location of the building make this a solid hold for all size portfolios!

Features of 5745 Arroyo Dr

MLS® # AR23035251MR
Price $1,450,000
Bedrooms 2
Bathrooms 1.00
Square Footage 4,092
Acres 0.13
Year Built 1961
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 5745 Arroyo Dr
Area Highland Park
County Los Angeles
State CA
Zip Code 90042


Parking Spaces 12
Is Waterfront No
Has Pool No
Pool None


Fireplace No
Has Basement No

Additional Information

Date Listed March 2nd, 2023
Days on Market 94
Zoning LARD2
Foreclosure No
RE / Bank Owned No

Listing Details

AgentJustin Mccardle (01895720)
OfficeGIG Real Estate Inc.

Listing Map

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