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Image 1 - 390 Arroyo Drive, Los Angeles, CA 90042, USA - House for sale
Image 2 - 390 Arroyo Drive, Los Angeles, CA 90042, USA - House for sale
Image 3 - 390 Arroyo Drive, Los Angeles, CA 90042, USA - House for sale
Image 4 - 390 Arroyo Drive, Los Angeles, CA 90042, USA - House for sale
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Home For Sale In Los Angeles, California
390 Arroyo Drive, Los Angeles, CA 90042, USA

Home For Sale In Los Angeles, California

house for sale
Listed: 04/29/24

390 Arroyo Drive, Los Angeles, CA 90042, USA

12 Bed:
6 Bath:
4,092 Sq Ft Living Area:
Save
Price
$ 1,28M

About This House

5745 Arroyo Dr, a fantastic 6-unitinvestment property located in Highland Park in Los Angeles, CA. This property has had over$60, 000in recent capital improvements. Some of the recent improvements included upgrading trash bins to city dumpsters, new eco-friendly irrigation, exterior paint, partial roof replacement, concrete work and individual unit repairs. This property is being offered well below its previous sale price due to unforeseen circumstances from current ownership, providing a fantastic opportunity for a new buyer. The property features 6 units and4, 092square feet of living area in total. The property features (6) 2 bed / 1 bath units and offers savvy investors the opportunity to capitalize on over 100% upside in the current rents. Offered at a competitive basis, this property is nestled in one of the fastest growing neighborhoods Los Angeles has to offer.

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Highland Park Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.