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Investment Highlights

  • 83% Rental Upside - Significant value add opportunity to increase rents and improve overall cash flow.
  • ADU Potential Owner has preliminary plans for up to six (6) ADUs, offering major future income potential.
  • On Site Parking - Includes tenant parking, a valuable amenity in this dense rental market.
  • Strong Unit Mix - Features six (6) 2 bed / 1 bath units, a highly desirable layout for tenants.
  • Recent Improvements - Approximately $100,000 in recent capital improvements including exterior paint, roof work, irrigation, and property upgrades.
  • Prime Highland Park Location - Minutes from York Blvd, Figueroa St, DTLA, and Pasadena with strong tenant demand.

Executive Summary

MOTIVATED SELLER * * * We are pleased to present 5745 Arroyo Drive, a 6 unit multifamily investment opportunity located in the highly desirable Highland Park neighborhood of Los Angeles, CA. The property consists of approximately 4,092 square feet of living space and features a unit mix of (6) two bedroom / one bathroom units. The property also offers on site parking, a valuable amenity in this high demand rental market. The asset presents a strong value add opportunity with approximately 83% rental upside, allowing an investor to significantly increase income and long term value. The property has benefited from approximately $100,000 in recent capital improvements, including exterior paint, partial roof replacement, upgraded trash systems, eco friendly irrigation, concrete work, and various unit repairs. Additionally, ownership has preliminary plans to add up to six ADUs, creating further upside through increased unit count and income potential. Located in one of Northeast Los Angeles' most vibrant neighborhoods, Highland Park continues to attract strong tenant demand due to its proximity to Downtown Los Angeles, Pasadena, and the thriving retail and dining corridors along York Boulevard and Figueroa Street. This is a rare opportunity to acquire a well located asset with strong in place income, substantial upside, and future development potential.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,245,000
Price Per Unit $207,500
Sale Type Investment
Cap Rate 4.69%
Sale Condition 1031 Exchange
Gross Rent Multiplier 12.75
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 4,092 SF
Average Occupancy 100%
No. Stories 2
Year Built 1961
Parking Ratio 2.93/1,000 SF
Zoning RD2, Los Angeles - Restricted Density Multiple Dwelling

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
5492-006-018
Land Assessment
$969,000
Improvements Assessment
$510,000
Total Assessment
$1,479,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39894224

  • Date on Market: 3/24/2026

  • Last Updated:

  • Address: 5745 Arroyo Dr, Los Angeles, CA 90042

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