5745 Arroyo Drive

Los Angeles, CA 90042

$1,275,000
Price
12
Beds
6
Baths
4,092 Sq. Ft.
$312 / Sq. Ft.
4,092
Sq. Ft.
$312
per Sq. Ft.

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...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.
  1. Listed by Jake Glaser • DRE #02128816 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 5745 Arroyo Drive

Zoning
LARD2
Parcel Number
5492006018
Total Units
6.0
Living Area
4092
Source Living Area
Vendor Enhanced
Area
Highland Park (632)
Vacancy Rate
0
Lot Size Area
5806

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Jake Glaser, DRE #02128816
Add your commute
LISTING UPDATED: 05/03/2024 12:01 AM

Property Details for 5745 Arroyo Drive

StatusActive
MLS #24-384295
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.13 AC / 5,806 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Jake Glaser, DRE #02128816
Add your commute

Building Information for 5745 Arroyo Drive

Stories2Residences-Year Built1961Building Size-Lot Size0.13 AC / 5,806 SF

Payment Calculator

$8,082 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,958

Property Taxes

$1,124

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5745 Arroyo Drive

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $80,009
  • Net Operating Income: $43,065.00
  • Gross Income: $82,484
  • Cap Rate: 3.38%
  • Gross Rent Multiplier: $15.46
  • Total Annual Expense: 36944
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1333
  • Lot Size Square Feet: 5806
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 8
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: Washer, Dryer
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-25-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,478.00
  • Unit Actual Rent: $1,478.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,654.00
  • Unit Actual Rent: $1,654.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $765.00
  • Unit Actual Rent: $765.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,418.00
  • Unit Actual Rent: $1,418.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $760.00
  • Unit Actual Rent: $760.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $798.00
  • Unit Actual Rent: $798.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $418,719.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $628,079.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $1,046,798.00

Property History for 5745 Arroyo Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5745 Arroyo Drive

Taxable ValueLand$628,079Additions$418,719Total$1,046,798
Tax Record2023$13,488 ($1,124 / month)
Home Facts
Total Finished SqFt4,092 SqFtAbove Grade Finished SqFt4,092 SqFtLot Size5,804 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningLARD2CountyLOS ANGELESAPN5492-006-018

Schools near 5745 Arroyo Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Charter - 9 to 12
Public - K to 8
Rating
School
Distance
Bushnell Way Elementary School
PublicK to 5

Benjamin Franklin Senior High School
Public6 to 12

Los Angeles International School
Charter9 to 12

Arroyo Seco Museum Science
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5745 Arroyo Drive is a multi-family home for sale in Los Angeles, CA 90042. This property was listed for sale on April 25, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,275,000. It has been on the market for a total of 11 days and was last sold on July 14, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Bushnell Way Elementary School, Benjamin Franklin Senior High School and Los Angeles International School. 5745 Arroyo Drive is a 12-bed, 6-bath, 4,092 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Jake Glaser, DRE #02128816

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.