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5726 Aldama St
Los Angeles, CA 90042
The Highland Park Bungalows |6 Unit Value Add · Multifamily Property For Sale
·
6 Units
Investment Highlights
- 6 Unit Spanish Style with (4) Units Being Detached Bungalow Units – Allowing for Above Market Rents | Nearly 10,000 SF Lot
- Nestled Between York and Figueroa Retail Corridor – The Highland Park Bungalows are located in one of LA’s Hottest Rental Locations
- Value Add: With Approximately ±135% Upside Potential, an Astute Investor Has the Ability to Capitalize on HUGE market rents
- Exceptional Unit Mix of (4) 2 Bedroom Units and (2) 1 Bedroom Units with Select Units Having Secluded Backyard/Patio Space
- Walk Score: (87) Very Walkable! Most Errands can be Accomplished on Foot
- Market Cap Rate of 10.25% & Market GRM of 8
Property Facts
| No. Units | 6 | Building Size | 3,878 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1932 |
| Building Class | C | Parking Ratio | 1.2/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | LARD2 - Residential | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 3,878 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1932 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | LARD2 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 1+1 | 2 | - | - |
Property Taxes
| Parcel Number | 5484-019-003 | Improvements Assessment | $615,500 |
| Land Assessment | $923,250 | Total Assessment | $1,538,750 |
Property Taxes
Parcel Number
5484-019-003
Land Assessment
$923,250
Improvements Assessment
$615,500
Total Assessment
$1,538,750
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