Est. cap rate

3.3%

Assumed rent, all units

$4,640/mo

Units

2

Price per unit

$424,750

Est. annual NOI

$27,840

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

2,148 sqft

Lot size

4,028 sqft

Year built

1895

Stories

1

Garage spaces

0

Style

Bungalow

Heating

Wall Furnace

Cooling

None

Pool

None

View

City Lights

Status

Active

Days on market

161

MLS #

242343504

About this property

Historic Highland Park Opportunity – Flexible Use Potential. Located in the heart of vibrant Highland Park, 6035 Mesa Ave presents a rare opportunity to reimagine a property with deep roots in Los Angeles history. Zoned LARD2. Public records indicate the structure was originally built in 1895 as a single-family residence and is currently being used as a church. The property now offers a unique canvas for its next chapter — whether continuing its current use, restoring it back to a residential home, or exploring redevelopment possibilities. The structure requires improvements and is being offered as-is, making it ideal for an owner-user, investor, or developer with vision. Situated on a residential street just moments from York Blvd (~0.6 miles) and the vibrant Figueroa corridor (~1 mile), you’ll enjoy close proximity to Highland Park’s popular dining, shopping, and cultural destinations. Occidental College is approximately 1.2 miles away, with easy access to Eagle Rock, Pasadena, and Downtown Los Angeles. With a generous lot and a location in one of Northeast LA’s most dynamic neighborhoods, the potential here ranges from restoration to reimagining. Buyer to verify all zoning, usage, historic status, redevelopment, and conversion possibilities with the City of Los Angeles.

Location

6035 Mesa

Los Angeles, Los Angeles, CA, 90042