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$1,275,000   Price Analysis
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5745 Arroyo Dr
Los Angeles, CA 90042
12 bed 6 bath 4,092 SqFt ($311/SqFt)
5,806SqFt lot. Built 1961
Listed 2024-04-25, Taxes $12,717
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

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 and individual unit repairs. This property is being offered well below its previous sale price due to unforeseen circumstances from current ownership, prov iding a fantastic opportunity for a new buyer.

The property featurs 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.


Presented by Jake Glaser at
Lyon Stahl Investment Re, Inc.


Property MLS #24-384295 from TheMLSCLAW

Bedrooms: 12

Total Bathrooms: 6
Full Bathrooms: 6

Lot Size Acres: 0.1332874
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5806

Garage Description: Assigned
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 6
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2400, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2400, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 2400, 4 BedsTotal: 2, 4 BathsTotal: 1, 4 SquareFeet: 2400, 5 BedsTotal: 2, 5 BathsTotal: 1, 5 SquareFeet: 2400, 6 BedsTotal: 2, 6 BathsTotal: 1, 6 SquareFeet: 2400

Source Listing Status: Active
County: Los Angeles
Cap Rate: 3.38
Directions: Exit Via Marisol off the 110 FWY
Source Property Type: Residential Income
Area: Highland Park
Source Neighborhood: Highland Park
Parcel Number: 5492-006-018
Postal Code Plus 4: 5207
Zoning: LARD2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$402,460 + $603,691
$1,006,151
$12,717
2020$398,334 + $597,501
$995,835
$12,839
2019$390,524 + $585,786
$976,310
$12,352
2018$382,867 + $574,300
$957,167
$12,243
2017$375,360 + $563,040
$938,400
$11,940
2016$368,000 + $552,000
$920,000
$11,649
2015$246,835 + $370,252
$617,087
$8,040
2014$256,399 + $557,395
$813,794
$10,646
2013$255,241 + $554,876
$810,117
$10,636
2012$250,237 + $543,997
$794,234
$10,775
2010$245,331 + $533,331
$778,662
$10,463
2009$244,077 + $530,604
$774,681
$10,092
2009$243,498 + $529,346
$772,844
$10,092
2008$239,292 + $520,200
$759,492
$9,674
2007$234,600 + $510,000
$744,600
$9,355

Listed 2024-04-25
$1,275,000
TheMLSCLAW
Sold 2023-07-14
$1,450,000
CRMLS
Price Changed 2023-05-15
$1,450,000
CRMLS
Listed 2023-03-02
$1,550,000
CRMLS
Listing removed 2022-12-31
$0
CRMLS
Relisted 2022-11-11
$1,550,000
CRMLS
Listing removed 2022-11-10
$0
CRMLS
Price Changed 2022-06-25
$1,550,000
CRMLS
Relisted 2022-05-11
$1,730,000
CRMLS
Listing removed 2022-04-28
$0
CRMLS
Listed 2022-02-23
$1,919,000
CRMLS
Listing removed 2019-12-11
$648,000
PasadenaPFAR
Sold 2015-12-15
$920,000
CRMLS
Listed 2015-10-13
$888,800
CRMLS
Listing removed 2014-04-02
$600,000
CRMLS
Sold 2014-02-27
$605,000
Public Record
Listed 2014-01-20
$600,000
CRMLS
Listing removed 2013-03-20
$648,000
PasadenaPFAR
Listing removed 2013-03-20
$648,000
ITECH
Listed 2013-01-24
$648,000
PasadenaPFAR
Listed 2013-01-24
$648,000
ITECH
Listing removed 2006-07-16
$799,000
ITECH
Listed 2006-05-15
$799,000
ITECH
Listing removed 2006-01-08
$789,000
ITECH
Sold 2005-11-18
$730,000
Public Record
Listed 2005-08-10
$789,000
ITECH
Sold 1980-01-18
$86,500
Public Record

Net Operating Income: 43065

Total Square Feet Living: 4092
Year Built: 1961
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 63
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Other Equipment: Washer, Dryer

Bushnell Way Elementary School is a public elementary school located approximately 0.2 miles away.
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Benjamin Franklin Senior High School is a public middle and high school located approximately 0.9 miles away.
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Cdm Christian Elementary School is a private elementary school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.