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12 Unit Highland Park | 2 Blocks North of Fig 5629 Monte Vista St 12 Unité Immeuble d’appartements 2 910 336 $ CAD (242 528 $ CAD/Unité) 5,65% Taux de capitalisation Los Angeles, CA 90042
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Faits saillants de l'investissement
- Eric Dilanian & The Dilanian Real Estate Advisors are Pleased to Present a 43-Unit Highland Park Apartment Portfolio, Comprised of 3 Buildings!
- Built in 1964 | ±9,599 Square Foot building | ±12,008 Square Feet of Land | Zoned RD1.5-1-HPOZ.
- Offered for sale for the first time in nearly ± 40 years!
- Building 1 of 3: 5629 Monte Vista St | 12 Units in a Prime Location | 2 Blocks North of Figueroa | ADU Potential
- Excellent unit mix consisting of Five (2+2) units, Six (1+1) units, and a 3+2 unit with a private enclosed front yard
- Walk Score of 95 (“Walker’s Paradise”): Steps to Gold Line and neighborhood favorites including Highland Park Bowl, Kitchen Mouse Café, HomeState
Résumé de l'annonce
Eric Dilanian with The Dilanian Real Estate Advisors, as part of RE/MAX Commercial & Investment Realty, is proud to present an extremely rare 43-Unit Portfolio opportunity in Highland Park – one of LA’s hottest and sought after sub-markets:
5629 Monte Vista Street, a 12 Unit Mid-Century Building, is 1 of 3 Assets which is offered either individually or as part of the portfolio. Strategically located just two blocks North from Figueroa Street and at the epicenter of Highland Park’s most vibrant retail and dining corridor, the property was built in 1964 and features a substantial ±9,599 Square Foot building situated on ±12,008 Square Feet of land, zoned RD1.5-1-HPOZ. The property offers an excellent unit mix consisting of five (2+2) units, six (1+1) units, and a spacious owner’s 3+2 unit with a private enclosed front yard.
Offered for sale for the first time in nearly ± 40 years, the asset presents a compelling value-add opportunity with a strong basis and potential to further enhance returns through rental upside and multiple ADU additions. With a Walk Score of 95 (“Walker’s Paradise”), residents enjoy immediate access to the Gold Line and neighborhood favorites including Highland Park Bowl, Kitchen Mouse Café, HomeState, Civil Coffee, The Arroyo Club, Mendocino Farm, Villas Tacos, and Jeni’s Ice Cream.
ASSET 2 OF 3: 217 S AVENUE 54 | 90042 (17 UNITS) – See Listing Details
ASSET 3 OF 3: 820 CHESTNUT AVE | 90042 (14 UNITS) – See Listing Details
**DISCLOSURE:** Buyers are advised to conduct independent thorough due diligence, including but not limited to verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly.
**DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **
5629 Monte Vista Street, a 12 Unit Mid-Century Building, is 1 of 3 Assets which is offered either individually or as part of the portfolio. Strategically located just two blocks North from Figueroa Street and at the epicenter of Highland Park’s most vibrant retail and dining corridor, the property was built in 1964 and features a substantial ±9,599 Square Foot building situated on ±12,008 Square Feet of land, zoned RD1.5-1-HPOZ. The property offers an excellent unit mix consisting of five (2+2) units, six (1+1) units, and a spacious owner’s 3+2 unit with a private enclosed front yard.
Offered for sale for the first time in nearly ± 40 years, the asset presents a compelling value-add opportunity with a strong basis and potential to further enhance returns through rental upside and multiple ADU additions. With a Walk Score of 95 (“Walker’s Paradise”), residents enjoy immediate access to the Gold Line and neighborhood favorites including Highland Park Bowl, Kitchen Mouse Café, HomeState, Civil Coffee, The Arroyo Club, Mendocino Farm, Villas Tacos, and Jeni’s Ice Cream.
ASSET 2 OF 3: 217 S AVENUE 54 | 90042 (17 UNITS) – See Listing Details
ASSET 3 OF 3: 820 CHESTNUT AVE | 90042 (14 UNITS) – See Listing Details
**DISCLOSURE:** Buyers are advised to conduct independent thorough due diligence, including but not limited to verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly.
**DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **
Faits sur la propriété
| Prix | 2 910 336 $ CAD | Style d’appartement | De faible hauteur |
| Prix par unité | 242 528 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,28 AC |
| Taux de capitalisation | 5,65% | Taille du bâtiment | 9 559 pi² |
| Multiplicateur du loyer brut | 10.37 | Nombre d’étages | 2 |
| Nombre d’unités | 12 | Année de construction | 1964 |
| Type de propriété | Immeuble residentiel | Ratio de stationnement | 1/1 000 pi² |
| Sous-type de propriété | Appartement | ||
| Zonage | LARD1.5 - Restricted Density Multiple | ||
| Prix | 2 910 336 $ CAD |
| Prix par unité | 242 528 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,65% |
| Multiplicateur du loyer brut | 10.37 |
| Nombre d’unités | 12 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,28 AC |
| Taille du bâtiment | 9 559 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1964 |
| Ratio de stationnement | 1/1 000 pi² |
| Zonage | LARD1.5 - Restricted Density Multiple |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+2 | 5 | - | - |
| 1+1 | 6 | - | - |
| 3+2 | 1 | - | - |
1 1
Moyennement praticable à pied
60/100
Exceptionnellement facile d’accès en voiture
100/100
Bons transports en commun
70/100
Moyennement praticable en vélo
60/100
Impôts fonciers
| Numéro de lot | 5469-032-002 | Évaluation des bâtiments | 651 720 $ CAD |
| Évaluation du terrain | 434 469 $ CAD | Évaluation totale | 1 086 189 $ CAD |
Impôts fonciers
Numéro de lot
5469-032-002
Évaluation du terrain
434 469 $ CAD
Évaluation des bâtiments
651 720 $ CAD
Évaluation totale
1 086 189 $ CAD
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12 Unit Highland Park | 2 Blocks North of Fig | 5629 Monte Vista St
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