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The Aldama Collection is a five-residence townhome compound in the heart of Highland Park, offering strong in-place income with minimal operating expenses. Tucked just off York Boulevard on a quiet, tree-lined street, the property blends classic character with modern design. At the front is a beautifully restored 1915 Craftsman featuring coffered ceilings, hardwood floors, an open layout, and a private yard. Behind it are four three-story townhome-style residences built in 2016, each offering generous floor plans, open-concept living, expansive view decks, ensuite bathrooms, and walk-in closets. All residences include hardwood flooring, in-unit laundry, private outdoor space, individual meters for all utilities, and two parking spaces per unit, most of which are garage covered. The property is fully occupied at near market rents, professionally managed, and located in one of Northeast Los Angeles' most sought-after rental pockets. Offered at a 5.95 Cap rate on actuals and sold by the original developer, four of the five residences are newer construction, non-RSO, and separately metered. With no utilities paid by the seller, historically low vacancy, and straightforward management, this is a rare opportunity to acquire a high-quality, high-demand asset at an attractive basis.
Property Type(s):
Residential Income
| Last Updated | 1/28/2026 | Year Built | 2016 |
|---|---|---|---|
| Community | 632 - Highland Park | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
| AREA | 632 - Highland Park |
| BASEMENT | Yes |
| CONSTRUCTION | Cement Siding, Stucco, Wood Siding |
| EXTERIOR | Balcony, Rain Gutters |
| GARAGE | Attached Garage, Yes |
| HEAT | Central |
| INTERIOR | Beamed Ceilings, Coffered Ceiling(s), Crown Molding, Open Floorplan, Storage, Walk-In Closet(s) |
| LOT | 10019 sq ft |
| LOT DIMENSIONS | 50x200 |
| PARKING | Attached, Attached Carport, Covered, Carport, Driveway, Garage, Garage Door Opener, Private |
| POOL DESCRIPTION | None |
| STORIES | Split/Multi Level |
| STYLE | Craftsman |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Mountain(s) |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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