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6236 Arroyo Glen St - Fourplex For Sale in Highland Park 4 Unit Apartment Building Offered at $925,000 at a 11.10% Cap Rate Los Angeles, CA 90042
Investment Highlights
- A Quiet Highland Park Area
- Great Upside Potential
- Convenient Location
Executive Summary
Just Listed a Fourplex in quiet Highland Park Area. The front unit is 2bedroom/2bath house with a garage. Other units at the rear of the property with alley access consist of 1bedroom/1bath, 2edroom/1bath, & 2bedroom/1bath. Reliable tenants. The largest unit downstairs is being delivered vacant. At the basement, there is also a Studio Unit with a Bathroom that is not included yet as one of the units. Great Upside Potential.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$89,148
|
$29.38
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$89,148
|
$29.38
|
| Taxes |
-
|
-
|
| Operating Expenses |
$13,500
|
$4.45
|
| Total Expenses |
$13,500
|
$4.45
|
| Net Operating Income |
$75,648
|
$24.93
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $89,148 |
| Annual Per SF | $29.38 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $89,148 |
| Annual Per SF | $29.38 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $13,500 |
| Annual Per SF | $4.45 |
| Total Expenses | |
|---|---|
| Annual | $13,500 |
| Annual Per SF | $4.45 |
| Net Operating Income | |
|---|---|
| Annual | $75,648 |
| Annual Per SF | $24.93 |
Property Facts
| Price | $925,000 | Property Type | Multifamily |
| Price Per Unit | $231,250 | Apartment Style | Low-Rise |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 11.10% | Building Size | 3,034 SF |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| Gross Rent Multiplier | 10.38 | Year Built/Renovated | 1952/2021 |
| No. Units | 4 |
| Price | $925,000 |
| Price Per Unit | $231,250 |
| Sale Type | Investment |
| Cap Rate | 11.10% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 10.38 |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.11 AC |
| Building Size | 3,034 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1952/2021 |
Amenities
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,541 | - |
| 1+1 | 2 | $1,098 | - |
| 2+1 | 3 | $1,290 | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5492-029-013 | Total Assessment | $518,894 |
| Land Assessment | $322,697 | Annual Taxes | $0 ($0.00/SF) |
| Improvements Assessment | $196,197 | Tax Year | 2025 |
Property Taxes
Parcel Number
5492-029-013
Land Assessment
$322,697
Improvements Assessment
$196,197
Total Assessment
$518,894
Annual Taxes
$0 ($0.00/SF)
Tax Year
2025
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6236 Arroyo Glen St - Fourplex For Sale in Highland Park
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