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5151 Navarro StreetLos Angeles, CA 90032

For Sale

$2,200,000

Smart Buyer Rebate $22,000

Located at 5151 Navarro St, Los Angeles, CA 90032, this well-maintained 6-unit apartment building offers an incredible investment opportunity in the thriving El Sereno neighborhood. Situated in a high-demand rental market, this property provides stable income potential with room for value-add improvements. Each unit offers a unique blend of comfort and functionality, with a mix of one-bedroom and two-bedroom layouts that attract a diverse tenant base. The building has been well-cared for, featuring updated systems and amenities that offer tenants a quality living experience. Additionally, there is ample parking on the premises, which is a significant convenience for renters in this highly desirable area. El Sereno is a rapidly growing neighborhood in Los Angeles, known for its proximity to Downtown LA, Cal State LA, and easy access to major freeways. The property is also within walking distance to local shops, restaurants, and parks, making it a prime location for long-term tenancy and rental growth.This property is perfect for both seasoned investors and those looking to enter the multifamily market. Don't miss your chance to acquire a solid investment in one of Los Angeles' most up-and-coming areas.

Listed by Luis Ruiz

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License #01295320

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LAR Realty, Inc.

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323-223-3881

Last updated January 13, 2025

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Source: CRMLS #24454593

Listing Facts

  • TypeMulti-family
  • NeighborhoodEl Sereno
  • Bedrooms13
  • Days on Prevu325
  • Size4,800 sqft
  • Price per sqft$458

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

10/18/2024
Listed by LAR Realty, Inc.
$2,200,000

Property Details for 5151 Navarro Street

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 6
  • Stories: 2
  • Window Features: Screens
  • Year Built: 1987
  • Construction Materials: Frame

Measurements

  • Building Area Total: 4,800
  • Lot Features: Front Yard, Yard
  • Lot Size Acres: 0.20
  • Lot Size Area: 8,840
  • Lot Size Square Feet: 8,840
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.82
  • Gross Income: $185,064.00

Taxes

  • Parcel Number: 5219008020

Interior

Features

  • Appliances: Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring: Laminate

Measurements

  • Living Area: 4,800

Rooms

  • Bathrooms Total Integer: 11
  • Bedrooms Total: 13

Parking

Parking

  • Open Parking Spaces: 11
  • Parking Features: Assigned, Controlled Entrance, Concrete, Electric Gate, Gated, Private, Shared Driveway
  • Parking Total: 11

Utilities

Equipment

  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Heat Pump
  • Has Heating: Yes
  • Sewer: Other,Sewer Tap Paid
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.