Los Angeles, CA 90042 5952 - 5960 Benner Street

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Presented By: Jason Tuvia with Marcus & Millichap;
  • MLS# 24441611
  • 09/18/2024
  • Request Tour
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  • Beds • 22
  • Baths • 17
  • SQFT • 9,805

Home Details

We are pleased to present a fourteen (14) unit apartment building located at 5952-5960 Benner Street in Los Angeles, California. The subject property is situated in a prime Highland Park location, north of Arroyo Seco Parkway and east of S Avenue 60. Built in 1959 and 1961, this property consists of an ideal unit mix of six (6) one-bedroom / one-bathroom units, three (3) two-bedroom / one-bathroom units, two (2) two-bedroom / one-and-a-half-bathroom units, and three (3) two-bedroom / two-bathroom units. Select units have been renovated with new appliances, flooring, air conditioning, and more. The property is gated and secure, featuring easily maintained landscaping and a large center courtyard perfect for tenant enjoyment. An on-site laundry facility is available. The property is equipped with fourteen (14) on-site parking spaces with potential to build into several ADU unit(s) given the property has two (2) separate parcels and may allow a path through SB1211 to nearly double the unit count. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as The Lodge Room, Highland Park Bowl, Kitchen Mouse Cafe, The Offbeat, and Hermon Park. Positioned in a prime Highland Park Location, this offering presents an exceptional opportunity for an investor to capitalize on a large, rare corner double-lot with two (2) separate APNs in a low velocity submarket.
Presented By: Jason Tuvia with Marcus & Millichap;

Interior Features for 5952 - 5960 Benner Street

Bedrooms

Total Bedrooms22

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths17

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 5952 - 5960 Benner Street

Additional Parcels Y/NYes
Attached Garage No
Cap Rate5.65
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
Days on Market8
DirectionsThe subject property is situated in a prime Highland Park location, north of Arroyo Seco Parkway and east of S Avenue 60.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income365947.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet17911.0
Lot Size UnitsSquareFeet
MLS Area632 - Highland Park
MobileHomeRemainsYNNo
Net Operating Income254115.0
New ConstructionNo
NumberOfUnitsTotal14
Occupancy TypeTenant
Open Parking Spaces14.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
ViewCityLights
View Y/NYes
Waterfront Y/NNo
Year Built1959
ZoningLARD1.5

Exterior for 5952 - 5960 Benner Street

Building Area Total9805.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesIrregularLot, Landscaped
Lot Size Acres0.4112
Lot Size Area17911.0
Lot Size SourceAssessor
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesUncovered
SpaNo
Total Parking14.0

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $4,495,000
MLS#24441611
List Date 09/18/2024
Property Type Multi-Family
Phone 310.658.1749
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