Homes for sale - 5960 Benner ST, Los Angeles, CA 90042

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Mary Oh

mary.socalre@gmail.com +1(714) 595-1787

$ 4,250,000

Est. payment -/mo

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Active

5960 Benner ST Los Angeles, CA 90042

12 Beds

8 Baths

9,805 SqFt

UPDATED:

11/19/2024 01:16 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,805 sqft

Price per Sqft $433

MLS Listing ID 24462297

Bedrooms 12

HOA Y/N No

Year Built 1961

Lot Size 7,840 Sqft

Property Description

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.Highland Park is a high density rental market adjacent to Eagle Rock, Pasadena, and Montecito Heights. These surrounding submarkets are major employment centers for the demographic that resides in Highland Park, and make it a very commutable area for its residents. Between Highland Park's two (2) main streets (York Boulevard and Figueroa), you will frequently find neighborhood coffee shops, thrift stores, and new nightlife establishments booming with life. This submarket's tree-lined residential streets mix with a walkable urban culture, but it is also known for its commuter friendly transportation hubs and thoroughfares. The Metro is an at-grade light rail station near the intersection of North Avenue 57 at Marmion Way (one block north of North Figueroa Street). It is the first station on the line going west toward Atlantic station that's in the city of Los Angeles. Highland Park has just as many contemporary landmarks as it does ones that predate the neighborhood's distinction as one of Los Angeles' hippest locations. Built in 1959 and 1961, this property consists of a 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.

Location

State CA

County Los Angeles

Area 632 - Highland Park

Zoning LARD1.5

Interior

Heating Wall Furnace

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features Private, One Space

Community Features Gated

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5492019032

Security Features Gated Community

Special Listing Condition Standard

Listed by Jason Tuvia • Marcus & Millichap

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(714) 595-1787

mary.socalre@gmail.com

110 E Wilshire Ave, Suite G1, Fullerton, California, 92832, USA