Highland Park Multifamily Value-Add
5629 Monte Vista St, Los Angeles, CA 90042
MULTI_FAMILY - Los Angeles, CA
Property size:
9,599 SFLot size:
0.28 AcresPrice / SF:
$197/SF- Added:
- Mar 19, 2026
- Days on Market:
- 58
- Last Refresh:
- May 15 at 6:06 pm
Property Features for 5629 Monte Vista St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LARD1.5
- Bedrooms
- 19
- Bathrooms
- 18
- Rooms
- Bedroom 16, Bedroom 3, Bathroom 13, Bathroom 12, Bathroom 17, Bedroom 17, Bedroom 19, Bedroom 8, Bathroom 15, Bedroom 12, Bedroom 11, Bedroom 18, Bathroom 6, Laundry Room, Bedroom 7, Bedroom 9, Bedroom 10, Bathroom 3, Bathroom 14, Bedroom 14, Bathroom 4, Bathroom 7, Bedroom 2, Bathroom 18, Bathroom 1, Bathroom 8, Bathroom 10, Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 5, Bathroom 16, Bedroom 4, Bedroom 13, Bedroom 1, Bedroom 15, Bathroom 11, Bathroom 9
- Parking
- 12
- Parking features
- Carport
- Standard status
- Active
- APN
- 5469-032-002
- Size
- 9,599 SF
- Lot size
- 0.28 Acres
Utilities
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1964
- Floors in Building
- 2
- Number of units
- 12
Listing agent Eric Dilanian License #01951699 (213) 233-4379
Listing office Remax Commercial and Investment Realty 99 S Lake Ave., Torrance, CA (213) 817-1000
Listing date Mar 19, 2026
MLS# 26665525
Listing URL
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HighLights
- Rare 43‑unit portfolio opportunity in highly desirable Highland Park location.
- Strong value‑add potential through rental upside and possible ADU additions.
- Excellent unit mix including five (2+2) units, six (1+1) units, and a spacious owner's 3+2 unit with a private enclosed front yard.
- High Walk Score of 95 ("Walker's Paradise") providing immediate access to the Gold Line and popular neighborhood amenities.
- Offered for sale for the first time in nearly 40 years.
- Favorable metrics: $158K/Door, 9.27 GRM, 6.46% Cap Rate.
Overview
Located in Highland Park, Los Angeles, this is a rare opportunity to acquire a 12-unit mid-century building as part of a 43-unit portfolio. The property, situated at 5629 Monte Vista Street, is one of three assets offered individually or as a portfolio. Constructed in 1964, the building encompasses 9,599 square feet on a 12,008-square-foot lot. The property is zoned LARD1.5 and features a unit mix of five 2-bedroom/2-bathroom units, six 1-bedroom/1-bathroom units, and a spacious 3-bedroom/2-bathroom owner's unit with a private enclosed front yard. The location is two blocks north of Figueroa Street, placing it in the heart of Highland Park's retail and dining area. This asset presents a value-add opportunity with potential to enhance returns through rental upside and ADU additions. The property has a Walk Score of 95, providing residents with access to the Gold Line and local amenities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Highland park
Housing Society
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.195108
- Latitude
- 34.111858
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 43-unit portfolio in prime Highland Park location.
Where is this apartment building located?
The property is located at 5629 Monte Vista St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Rare 43‑unit portfolio opportunity in highly desirable Highland Park location.; Strong value‑add potential through rental upside and possible ADU additions.; Excellent unit mix including five (2+2) units, six (1+1) units, and a spacious owner's 3+2 unit with a private enclosed front yard.
