Skip To Content

    5920 Benner St

    Los Angeles, CA 90042
    • $1,399,000
    • STATUS: Active Under Contract
    • ON SITE: 95 days
    • MLS #: 21-723762
    Under Contract
    UPDATED: 9 min ago
    $1,399,000
    • 8
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,224
      SQFT
    • $434
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    School District:

    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

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-01T21:42:26.58. 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. Properties may or may not be listed by the office/agent presenting the information.
    www.haciendagroupinc.com/homes/116503589
    Print Image

    5920 Benner St Los Angeles, CA 90042

    • Price: $1,399,000
    • Status: Active Under Contract
    • Updated: 9 min ago
    • MLS #: 21-723762
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,224
    SQFT
    $434
    $/SQFT
    1948
    Built
    Neighborhood:
    Highland Park
    County:
    Los Angeles
    Area:
    Highland Park
    School District:
    Los Angeles Unified
    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
    Exterior Features

    Carport Spaces Total 0 Covered Parking 0 Direction Faces East Exterior Construction Stucco Garage Structures Total 0 Levels Two Lot Size Area 5601 Other Structures Shed(S) Parking Garage Uncovered Patio Features Patio Open Pool Description None Pool YN No Roof Composition Spa None Spa YN No Sprinklers Drip System Style Other Tennis Court None Tennis YN No Total Parking 8 View Description None View YN No Water Frontage None

    Interior Features

    Bathroom Features Low Flow Toilet(S)Low Flow Shower(S)RemodeledShower Over TubTile Baths Total 4.00 Common Walls Detached/No Common Walls Cooking Appliances MicrowaveOven-Gas Cooling Wall/Window Equipment Garbage DisposalStackable W/D HookupMicrowaveRange/Oven Fireplace Rooms None Flooring HardwoodTile Foundation Details Raised Heating Wall Gas Kitchen Features Open To Family RoomRemodeled Laundry Laundry AreaOn Upper Level Laundry Equipment Own Water Heater Features Gas

    Property Features

    Alley YN No Gross Income 95554 Gross Operating Income 71926 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 71926.00 Number Of Buildings 1 Number Of Units 4 Owner Pays WaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)Smoke Detector Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricityTrash Collection Total Annual Expense 23628 Type Of Units Quadruplex Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Dana Coronado DRE#01746702 of Keller Williams Realty Encino-Sherman Oa.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-01T21:42:26.58. 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. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-723762-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-723762-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-723762-2.jpg
    Logo
    Hacienda Agency Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253