5920 Benner St, Los Angeles, CA 90042

$1,399,000
8
BD
4
BA
3,224
SqFt
List Price
$1,399,000
MLS#
21-723762
Year Built
1948
Bedrooms
8
Bathrooms
4
Living Sq. Ft
3,224
Lot Size
5,601
Days on Market
24
Property Type
Multifamily
Style
Other
Stories
2

Property Description

Rare opportunity to buy a turnkey 4plex in hip Highland Park that cash flows! All apartments are 1 bedroom & 1 bathroom and fully remodeled inside with modern finishes such as trendy black hardware, butcher block counter tops, white cabinets in kitchens and bathrooms, unique light fixtures, light wood flooring, two units feature offices. The spacious units average 806 SF each per title. Great tenants, well managed, rents average $1,991/month per unit, and collections have been 100% during COVID. Owner is selling in order to exchange up! * 14.64 GRM on current rents and 5.14% CAP Rate! * Large parking lot behind the building with 8 parking spaces and (4) large storage lockers for tenants. In front of the building, there's a shared patio for tenants with a community garden box (currently producing artichokes!) Separate meters & hot water heaters, plus a laundry room. If you are looking for an easy, well performing 4 unit in a hot area that is already updated & offers more room to grow, this building is for you. Drive by today and see for yourself - but don't delay - this deal is priced to sell! Located just a few blocks from Figueroa and near some of the best restaurants & attractions in Highland Park, such as La Cuevita, Triple Beam Pizza, Highland Park Wine, Hippo, Kitchen Mouse Cafe, & more. Also super close to Herman Dog Park & Arroyo Seco Park

Additional Information

Other Buildings
Shed(s)
Kitchen Features
Open to Family Room, Remodeled
Heat
Wall Gas
Cooling
Wall/Window
View
None
Exterior Construction
Stucco
Number of Cars in Garage
Uncovered
Water
District
School District
Los Angeles Unified

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of , Dana Coronado - CA DRE#

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective 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 CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).