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Four-Unit Property with Garage
For Sale
$950,000

6236 6240 Arroyo Glen Street Highland, Los Angeles, CA 90042

Four residential units include a front house, rear units, and alley access.

Property SizeContact for details
Days on Market83

Property Features for 6236 6240 Arroyo Glen Street Highland

General Information

Standard status Active
Property subtype Quadruplex

Financials

Cap Rate 3.24%
Gross Rent Multiplier 21.1

Units

Unit Mix 1 x 2BR/2BA, 1 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 4

Amenities

garage
Floor Furnace

Building Details

Year Built 1952
Buildings 2
Stories 2
Listing Agency: Century 21 Masters
Listed By: August Wen · License #01229094
Source: Kw
Added: Jun 19 Changed: Sep 8 Last Checked: Sep 8 at 2:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Masters

Investment Insights

Based on property information with market context.

Built in 1952, this four-unit residential property combines a two-bedroom, two-bath front house with an attached garage and three rear units. The rear building includes one one-bedroom, one-bath unit, one two-bedroom, one-bath unit, and one three-bedroom, one-bath unit, with access from the alley. The largest rear unit on the lower level is expected to be vacant at delivery.

A basement is also present and may be suitable for studio use, subject to verification. Interior heating includes a floor furnace. The property is located in the Highland Park area of California. Reported operating metrics include a current GRM of 21.10 and cap rate of 3.24%, along with pro forma figures of 7.82 GRM and 11.28% cap rate.

Key Highlights

  • Four total residential units: a 2‑bedroom front house plus three rear units
  • Front house includes 2 bedrooms, 2 baths, and a garage
  • Rear unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom layouts

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Electrical Service Building Supply Auto Parts Store Accounting Firm Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,634
Businesses Nearby

Demographics for 90042, CA

58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units include a front house, rear units, and alley access.
Where is this quadplex located?
The property is located at 6236 6240 Arroyo Glen Street Highland Los Angeles, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four total residential units: a 2‑bedroom front house plus three rear units; Front house includes 2 bedrooms, 2 baths, and a garage; Rear unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom layouts
More about this property
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