5323 Monte Vista is a four-unit investment opportunity located in Highland Park, Los Angeles. The property features two separate structures on a 7,003 square foot lot.
Built in 1908, and extensively renovated over the last five years, the property is comprised of (2) one-bedroom, one-bath units and (2) two-bedroom, one-bath units.
The asset is professionally managed, with most rents at or near market levels.
Significant capital improvements have been completed, including upgraded electrical and plumbing systems and a new deck.
The property also features a spacious front porch, upstairs balcony, gated front yard, extra-long driveway, and individually metered utilities.
New ownership can capture remaining loss to lease and benefit from a stable, cash-flowing investment in one of LA’s fastest-growing submarkets.
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