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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.
Property Type(s):
Residential Income
| Last Updated | 3/23/2026 | Year Built | 1961 |
|---|---|---|---|
| Community | 632 - Highland Park | County | Los Angeles |
Price History
| Prior to Mar 23, '26 | $1,295,000 |
|---|---|
| Mar 23, '26 - Today | $1,245,000 |
Additional Details
| APPLIANCES | Refrigerator |
|---|---|
| AREA | 632 - Highland Park |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 5807 sq ft |
| LOT DIMENSIONS | 5806 |
| PARKING | Garage, Tandem |
| STORIES | Split/Multi Level |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
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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