6236 Arroyo Glen Street

Los Angeles, CA 90042

$999,000
Price
7
Beds
4
Baths
3,034 Sq. Ft.
$329 / Sq. Ft.
3,034
Sq. Ft.
$329
per Sq. Ft.

Description

Highland Park Investment Opportunity Four-unit building producing solid income with the largest unit being delivered vacant. Great upside with below market rents in three units and large 2 bed, 1 bath unit delivered vacant. Very rarely can you purchase an income property that has potential to cash flow with 25% down from day one--this is it! Vacant unit available for viewing.Highland Park Investment Opportunity Four-unit building producing solid income with the largest unit being delivered vacant. Great upside with below market rents in three units and large 2 bed, 1 bath unit delivered vacant. Very rarely can you purchase an income property that has potential to cash flow with 25% down from day one--this is it! Vacant unit available for viewing.
  1. Listed by Timothy Jarnot • DRE #01274482 • Brokerage DRE #01274482 • Westline Properties

Property Details for 6236 Arroyo Glen Street

Zoning
LAR1
Parcel Number
5492029013
Total Units
4.0
Living Area
3034
Source Living Area
Vendor Enhanced
Area
Highland Park (632)
Vacancy Rate
3%
Lot Size Area
4800
LISTING UPDATED: 11/06/2024 12:01 AM

Property Details for 6236 Arroyo Glen Street

StatusActive
MLS #24-457835
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.11 AC / 4,800 SF
CountyLos Angeles County

Building Information for 6236 Arroyo Glen Street

Stories2Residences-Year Built1952Building Size-Lot Size0.11 AC / 4,800 SF

Property Information for 6236 Arroyo Glen Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: residential
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $77,511
  • Net Operating Income: $60,627.00
  • Gross Income: $79,908
  • Cap Rate: 6.07%
  • Gross Rent Multiplier: $12.50
  • Owner Pays: Water
  • Total Annual Expense: 16884
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1102
  • Lot Size Square Feet: 4800
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 3
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Built-Ins
  • Laundry: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-29-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,498.00
  • Unit Actual Rent: $1,498.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,066.00
  • Unit Actual Rent: $1,066.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,253.00
  • Unit Actual Rent: $1,253.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,900.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $188,579.00
  • Assessed Improvement Percent: 37.81
  • Assessed Land Value: $310,167.00
  • Assessed Land Percent: 62.19
  • Assessed Total Value: $498,746.00

Property History for 6236 Arroyo Glen Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6236 Arroyo Glen Street

Taxable ValueLand$316,370Additions$192,570Total$508,940
Tax Record2024$6,538 ($545 / month)
Home Facts
Total Finished SqFt3,034 SqFtAbove Grade Finished SqFt3,034 SqFtLot Size4,800 SqFtStyleQuadraplexYear Built1952ZoningLAR1CountyLOS ANGELESAPN5492-029-013

Schools near 6236 Arroyo Glen Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - K to 5
Public - 2 to 5
Public - 6 to 12
Rating
School
Distance
Richard Riordan Primary Center
PublicK to 4

Garvanza Elementary School
PublicK to 5

Monte Vista Street Elementary School
Public2 to 5

Benjamin Franklin Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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6236 Arroyo Glen Street is a multi-family home for sale in Los Angeles, CA 90042. This property was listed for sale on October 29, 2024 by Westline Properties, it's currently listed at $999,000. It has been on the market for a total of 23 days and was last sold on December 31, 2009. This listing's school district is Los Angeles Unified School District. Nearby schools include Richard Riordan Primary Center, Garvanza Elementary School and Monte Vista Street Elementary School. 6236 Arroyo Glen Street is a 7-bed, 4-bath, 3,034 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Westline Properties, Timothy Jarnot, DRE #01274482

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.