5952 Benner St Los Angeles, CA 90042-4849
Property profile & analytics
5952 Benner St Los Angeles, CA 90042-4849
- Apartment buildings
- 4,820 SF
- 0.23 lot acres
Property ID
US09-6519362
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 5952 Benner St
- Year built
- 1959
- Construction
- WOOD
- Lot size
- 0.23 lot acres
- Property size
- 4,820 SF
- Zone code
- LARD1.5
- Property type
- Apartment buildings
- APN
- 5492-019-028
- APU
- 5492019028
Description
This exceptional investment opportunity presents a 14-unit apartment building situated in a prime Highland Park, Los Angeles location. The property, built in 1959, comprises two buildings on two separate parcels totaling nearly 18,000 square feet, with addresses at 5952 and 5960 Benner Street, zip code 90042. The property features a mix of one and two-bedroom units, with select units boasting recent renovations including new appliances, flooring, and air conditioning. The complex includes 14 on-site parking spaces, a gated entrance, easily maintained landscaping, a central courtyard, and an on-site laundry facility. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $257,053, with a pro-forma NOI projected at $323,031, representing a 6.05% current cap rate and a pro-forma cap rate of 7.60%. The asking price is $4,250,000, translating to $433.45 per square foot and $303,571 per unit. The property's zoning (LARD1.5) and the potential for significant unit expansion under SB1211 present a compelling value-add opportunity in a low-velocity submarket. The property's convenient location offers easy access to public transportation, major freeways, and numerous nearby amenities, including restaurants, entertainment venues, and Hermon Park. This is a fee simple ownership opportunity.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.187
- Latitude
- 34.1077
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$25,439
$1,450,173
$558,278
$2,008,451
-
$0.00
$0.00
$0.00
