Prime Highland Park Multifamily at 5952 Benner Street

Marcus and Millichap is pleased to present a fourteen (14) unit apartment building located at 5952-5960 Benner S treet in Los Angeles, California. The subject property is situated in a prime Highland Park location, north of Arroyo Seco Parkway and east of S Avenue 60.

Highland Park is a high density rental market adjacent to Eagle Rock, Pasadena, and Montecito Heights. These surrounding submarkets are major employment centers for the demographic that resides in Highland Park, and make it a very commutable area for its residents. Between Highland Park’s two (2) main streets (York Boulevard and Figueroa), you will frequently find neighborhood coffee shops, thrift stores, and new nightlife establishments booming with life. This submarket’s tree-lined residential streets mix with a walkable urban culture, but it is also know for its commuter friendly transportation hubs and thoroughfares. The Metro is an at-grade light rail station near the intersection of North Avenue 57 at Marmion Way (one block north of North Figueroa Street). It is the f irst station on the line g oing west toward

Atlantic station that’s in the city of Los Ang eles. Highland Park has just as many contemporary landmarks as it does ones

that predate the neighborhood’s distinction as one of Los Angeles’s hippest locations.

Built in 1959 and 1961, this property consists of a ide al unit mix of six (6) one-bedroom / one-bathroom units, three (3)

two-bedroom / one-bathroom units, two (2) two-bedroom / one-and-a-half-bathroom units, and three (3) two-bedroom

/ two-bathroom units. Select units have been renovated with new appliances, flooring, air conditioning, and more.

The property is gated and secure, featuring easily maintained landscaping and a large center courtyard perfect for

tenant enjoyment. An on-site laundry facility is available. The property is equipped with fourteen (14) on-site parking

spaces with potential to build into several ADU unit(s) given the property has two (2) separate parcels and may allow

a path through SB1211 to nearly double the unit count. Tenants will love being within a few miles of many trendy

restaurants, nightlife, and entertainment options such as The Lodge Room, Highland Park Bowl, Kitchen Mouse Cafe,

The Offbeat, and Hermon Park.

Positioned in a prime Highland Park Location, this offering presents an exceptional opportunity for an investor to capitalize

on a large, rare corner double-lot with two (2) separate APNs in a low velocity submarket.