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$1,399,000
GD26158258 MLS ⋅ Active Status
Exceptional opportunity to acquire a fully occupied four-unit apartment building in one of Highland Park's most desirable neighborhoods. Located at 5620 Stratford Rd., this well-maintained income property features a strong unit mix consisting of all 2 bed 1 bath units with well designed floor plans and approximately 3,614 square feet of improvements on a 6,312-square-foot lot including carport parking for each unit and currently generates approximately $7,064 per month. Ideally situated north of York Boulevard, the property provides convenient access to Highland Park's vibrant dining, shopping, entertainment, and transportation corridors, as well as Downtown Los Angeles, Pasadena, and Eagle Rock. This is an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and ownership in one of Northeast Los Angeles' strongest rental markets. Property is being sold as part of a trust administration. Please do not disturb occupants. Drive-by only. Interior inspection is available upon accepted offer or by appointment with the listing agent.

5620 Stratford, Los Angeles
$950,000
8 Beds ⋅ 4 Baths ⋅ CV26133040 MLS ⋅ Active Status
Just Listed a house in the front with 3 units at the rear building in a quiet Highland Park Area. The front house is 2 bedroom/2 bath house with a garage. Other units at the rear of the property with alley access consist of 1 bedroom/1 bath, 2 bedroom/1 bath, & 3 bedroom/1 bath. Reliable tenants. The largest unit downstairs at the rear building is being delivered vacant. Current GRM: 21.10 and Cap Rate: 3.24%. Proforma GRM: 7.82 and Proforma Cap Rate: 11.28%. Furthermore, there is a basement which can possibly be used a Studio Unit. Great Upside Potential.

6236 6240 Arroyo Glen Street, Highland Park
$950,000
CV26127291 MLS ⋅ Active Status
Just Listed a Fourplex in a quiet Highland Park Area. The front unit is 2 bedroom/2 bath house with a garage. Other units at the rear of the property with alley access consist of 1 bedroom/1 bath, 2 bedroom/1 bath, & 3 bedroom/1 bath. Reliable tenants. The largest unit downstairs is being delivered vacant. Furthermore, there is a basement which can possibly be used a Studio Unit. Great Upside Potential.

6236 Arroyo Glen St, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.