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5952-5960 Benner St

Los Angeles, CA 90042
  • $5,200,000
  • STATUS: Active
  • ON SITE: 113 Days
  • MLS #: 22-122484
UPDATED: 62 min ago
$5,200,000
  • 22
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,805
    SQFT
  • $530
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Description

Two Parcels: 5492-019-028 and 5492-019-032. Consisting of two buildings on a 17,879 square foot parcel, the property comprises of six one-bedroom units, and eight two-bedroom units. Current Ownership has extensively renovated 12 units that feature thoughtful design details like sleek stainless-steel appliances, an open concept floorplan, two AC Units, and bright charming flooring throughout. Units also include assigned parking on-site. The property is surrounded by lush landscaping and boasts a community courtyard perfect for entertaining.5952-5960 Benner Street provides investors a rare buying opportunity to acquire a nearly fully renovated apartment community that also offers a value-add component. The property is well-suited to provide a healthy income stream and solid marketing appreciation as the area continues its upward trajectory.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T19:43:08.653. 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.searchdesertrealestate.com/homes/125140297
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5952-5960 Benner St Los Angeles, CA 90042

  • Price: $5,200,000
  • Status: Active
  • On Site: 113 Days
  • Updated: 62 min ago
  • MLS #: 22-122484
22
Beds
0
Baths
0
½ Baths
0.23
Acres
9,805
SQFT
$530
$/SQFT
1959
Built
Neighborhood:
Highland Park
County:
Los Angeles
Area:
Highland Park
Property Description
Two Parcels: 5492-019-028 and 5492-019-032. Consisting of two buildings on a 17,879 square foot parcel, the property comprises of six one-bedroom units, and eight two-bedroom units. Current Ownership has extensively renovated 12 units that feature thoughtful design details like sleek stainless-steel appliances, an open concept floorplan, two AC Units, and bright charming flooring throughout. Units also include assigned parking on-site. The property is surrounded by lush landscaping and boasts a community courtyard perfect for entertaining.5952-5960 Benner Street provides investors a rare buying opportunity to acquire a nearly fully renovated apartment community that also offers a value-add component. The property is well-suited to provide a healthy income stream and solid marketing appreciation as the area continues its upward trajectory.
Exterior Features

Lot Size Area 17879 Other Structures Other Parking Garage Uncovered Total Parking 18

Interior Features

Baths Total 18.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 1892121 Gross Income 341262 Gross Operating Income 332409 Like Units1 6 Like Units2 2 Like Units3 1 Like Units4 2 Like Units5 2 Like Units6 1 Net Operating Income 228932.00 Number Of Buildings 2 Number Of Units 14 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 103477 Type Of Units Residential Year Built Source Assessor Zoning Lard1.5

Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T19:43:08.653. 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.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
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