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5670 Ash St
5670 Ash St, Los Angeles, CA 90042, USA
$4,700,000
CLOSED
April 23, 2025
SALE PRICE
$4,700,000
UNITS
24
PRICE PER UNIT
$195,833
PRICE PER SF
$314.19
CAP RATE
5.43%
GRM
11.1
Deal Story
Selling Agent
The Tuvia Group successfully closed 5670 Ash Street, a 24-unit apartment building in Highland Park, despite significant deferred maintenance and a tenant base primarily consisting of low-paying legacy tenants. The transaction was particularly notable given the limited sales activity in Highland Park, representing only the second multifamily sale in the submarket that year and the first 20+ unit transaction since August 2024. The team sourced a local all-cash private investor, eliminating financing risk and allowing the transaction to close in just 30 days
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