9 days on rocket

5745 Arroyo Dr, Los Angeles, CA, 90042

$1,275,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Baths
4,092 SqFt
$312/SqFt
House
Schools Nearby

Location

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5745 Arroyo Dr, Los Angeles$1,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingAssigned
Year Built1961
HeatingNone
CoolingNone
MLS #24384295
Lot Size0.13 Acres
StatusActive

About 5745 Arroyo Dr

5745 Arroyo Dr, a fantastic 6-unitinvestment property located in Highland Park in Los Angeles, CA. This property has had over $60,000 in 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 & 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 and 4,092 square 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.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Stories: 2
  • Living Area: 4,092 SqFt

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: Jake Glaser

Interior Features

Interior Information:

  • Appliances: Dryer, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Benjamin Franklin Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Luther Burbank Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Bushnell Way Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Exit Via Marisol off the 110 FWY

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000
  • Price Per SqFt: $312/SqFt

Tax Information:

  • Annual Amount: $12,718
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

5745 Arroyo Dr vs Los Angeles

9 DAYS ON ROCKET

-25 Days

$1,275,000

+$288.5K More

$312/SqFt

-$320 Less

KEY TAKEAWAY

This property is $288.5K more than the Median Sold Price and $320/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24384295

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: Jake Glaser

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 8:20:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 11, 2015Home Sold
$920,000
Feb 27, 2014Home Sold
$605,000
Nov 18, 2005Home Sold
$730,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,718$1,006,151
2020$12,352$995,835
2019$12,243$976,310
2018$11,941$957,167
2017$11,941$938,400

History based on county public records data.

Payment Calculator

$6,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6383078
5
/10

  • Bushnell Way Elementary School

  • 5507 Bushnell Way

  • 0.16 miles

  • Public District Grades KG-6

school-card-donut-6383079
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.96 miles

  • Public Magnet Grades KG-6

school-card-donut-6383080
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 26.64 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6383081
4
/10

  • Luther Burbank Middle School

  • 6460 N Figueroa St

  • 1.13 miles

  • Public Magnet Grades 6-8

school-card-donut-6383082
4
/10

  • Studio

  • 2211 W Avenue 30

  • 2.62 miles

  • Public District Grades 6-8

High School

school-card-donut-6383083
5
/10

  • Benjamin Franklin Senior High School

  • 820 N Avenue 54

  • 0.90 miles

  • Public Magnet Grades 9-12

school-card-donut-6383084
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 4.79 miles

  • Public Magnet Grades 9-12

school-card-donut-6383085
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 18.77 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,821. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5745 Arroyo Dr

What is the listing price of this property?

The listing price of 5745 Arroyo Dr property is $1,275,000.

What type of property is this?

The property 5745 Arroyo Dr is a house located in Los Angeles, California, 90042.

Is this property for sale now?

Active Listing: 5745 Arroyo Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5745 Arroyo Dr are:
Bushnell Way Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Luther Burbank Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Benjamin Franklin Senior High School: GreatSchools Rating 5/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,718 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 11, 2015 for $920,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5745 Arroyo Dr has 12 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 5745 Arroyo Dr is 4,092 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5745 Arroyo Dr is 1961.

Rocket Homes›California›Los Angeles County›Los Angeles›90042›5745 Arroyo Dr

This home is located at 5745 Arroyo Dr in Los Angeles, CA and zip code 90042 in the Northeast LA neighborhood. This 4,092 square foot home, which was built in 1961, sits on a 0.13 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $1,275,000.

While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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