5620 Stratford,Los Angeles, CA 90042
Los Angeles, CA 90042
Description
Exceptional opportunity to acquire a fully occupied four-unit apartment building in one of Highland Park's most desirable neighborhoods. Located at 5620 Stratford Rd., this well-maintained income property features a strong unit mix consisting of all 2 bed 1 bath units with well designed floor plans and approximately 3,614 square feet of improvements on a 6,312-square-foot lot including carport parking for each unit and currently generates approximately $7,064 per month. Ideally situated north of York Boulevard, the property provides convenient access to Highland Park's vibrant dining, shopping, entertainment, and transportation corridors, as well as Downtown Los Angeles, Pasadena, and Eagle Rock. This is an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and ownership in one of Northeast Los Angeles' strongest rental markets. Property is being sold as part of a trust administration. Please do not disturb occupants. Drive-by only. Interior inspection is available upon accepted offer or by appointment with the listing agent.
Details
| MLS # | GD26158258 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 78 |
| Listing Provided By | Socal City Properties | Xochitl Rosales |
Features
| SQ Feet | 3,614 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.14 |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Lot Features | Front Yard |
|---|
Parking
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Suburban, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90042 |
| Area | 632 Highland Park |
| Listing VS Median (in 90042) | |
Price: $1,399,000 low | high Med: $1,300,000 sqft: 3,614 low | high Med: 1,492 $ / sqft: $387 low | high Med: $871 On site: 78 low | high Med: 57 | |
Market Activity 90042
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90042 |
| Area | 632 Highland Park |
| Listing VS Median (in 90042) | |
Price: $1,399,000 low | high Med: $1,300,000 sqft: 3,614 low | high Med: 1,492 $ / sqft: $387 low | high Med: $871 On site: 78 low | high Med: 57 | |