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5746 Aldama Street
Los Angeles, CA 90042


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Property Remarks

4 Unit value-add property just blocks from Highland Park's hot spots along York Blvd! Rare find that is an enticing investment to both owner-users and investors. The property is comprised of 3 structures: detached 2BR+1BA home in front, duplex w/(2) 1BR + 1BA apts in the center and detached 3BR+1BA home in the rear that is remodeled and to be delivered vacant! The 3BR home features a new white kitchen with stone counters, new fixtures and black stainless stove, bath with new fixtures, vanity and glass shower door, and an attached garage. Each unit has parking, W/D hook-ups, sep. meters and access to the newly paved driveway. The center duplex with (2) 1BR Apts and front 2BR detached home are currently tenant occupied. 87 WalkScore - situated in a highly sough-after location with access to all that this hip neighborhood has to offer including unique eateries, an abundance of entertainment venues and access to all of Los Angeles by the Highland Park Metro Station and the 110 Freeway!

Property Details

MLS#
17288094
Days on Market
9
Year Built
1909
Building/Living Area (sq ft)
2,838
Source of SqFt
Title Company
Source of Lot Size
Public Records

Location

State
CA
County
Los Angeles
Area
Highland Park (632)

Presented By:

Listing provided courtesy of Dana Coronado , Keller Williams Studio City


Exterior

Garage Spaces
1
Lot Acreage
1
Paved
No
Waterfront
No


Interior

Equip/Appliances
Gas Or Electric Dryer Hookup

Additional Property Details

Number of Units
4
Parking Spaces
4
Number of Buildings
3
Gross Operating Income
$71,954
Total Expense
$22,187
ADA Compliance
No

AC/Cooling
Wall Or Window Units
Ceiling Fan(S)
Heating
Wall Heater
Parking
Garage Is Attached
Parking Space
Tenant Pays
Trash

Highland Park

Catching the wave of hipster living that spread from Los Feliz and Silver Lake, Highland Park offers hip, urban style with a touch of history that comes from being one of the older neighborhoods in Los Angeles.

Real Estate: Highland Park is fuller of older homes including both single-family and multi-family residences for sale. Craftsman and bungalow homes as well as Spanish-style homes are popular here. Apartments and townhouses are also for sale in the area and some newer developments with lofts and condos are being built.

Community Life:  Highland Park is hipster paradise with trendy restaurants, art galleries, and shops clustered along York Boulevard. A monthly Art Walk brings out local residents. York Park is a recently created urban park with a rattlesnake slide and outdoor xylophone.  The Old L.A. Certified Farmer’s Market is open on Tuesday afternoons.

Education: Highland Park is served by the Los Angeles Unified School District including Aldama Elementary, Buchanan Street Elementary, San Pascual Elementary, Luther Burbank Middle School, and Benjamin Franklin Senior High. Local private schools include Good Shepherd Christian and St. Ignatius of Loyola Elementary.

Transportation: Highland Park is easily reached by the 110 Freeway. The Metro Gold Line has a Highland Park station and there are several bus lines which run along Figueroa Street. 

Local Attractions:  Heritage Square Museum is a unique collection of Victorian homes that can be toured. Galco’s Soda Pop Stop is famed in the area as one of the oldest local businesses. The Highland Park Police Station on York Boulevard is the oldest surviving police station in Los Angeles. It is now operated as the Los Angeles Police Museum and has appeared in countless television shows and films.

Community Explorer

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