2122 6th Avenue

Los Angeles, CA 90018

$1,650,000
Price
7
Beds
6
Baths
5,220 Sq. Ft.
$316 / Sq. Ft.
5,220
Sq. Ft.
$316
per Sq. Ft.

Description

Excellent chance to own a multi-unit income property. There are two separate buildings: the front building has four one-bedroom units, each 900 sq. ft., and the rear building has a 3-bedroom 1800 sq. ft. unit. This 5-unit property has been well-maintained with many recent upgrades, including inside units, a succulent garden, security cameras, and a ring doorbell; all windows have new flashing and much more (list in Docs). Tenants occupy all units. Washer and dryer hookups and water heaters in each...Excellent chance to own a multi-unit income property. There are two separate buildings: the front building has four one-bedroom units, each 900 sq. ft., and the rear building has a 3-bedroom 1800 sq. ft. unit. This 5-unit property has been well-maintained with many recent upgrades, including inside units, a succulent garden, security cameras, and a ring doorbell; all windows have new flashing and much more (list in Docs). Tenants occupy all units. Washer and dryer hookups and water heaters in each unit. It is gated and fenced, with five garages and a long driveway for ample parking. Easy freeway access. Do not disturb tenants or walk on property - drive by only.
  1. Listed by Annie Challis • DRE #01705452 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 2122 6th Avenue

Zoning
LARD2
Parcel Number
5060024020
Total Units
5.0
Living Area
5220
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
0
Lot Size Area
7508

Location

Listing Courtesy of Coldwell Banker Realty, Annie Challis, DRE #01705452
Add your commute
LISTING UPDATED: 05/09/2024 12:01 AM

Property Details for 2122 6th Avenue

StatusActive
MLS #24-384523
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1918
Lot Size0.17 AC / 7,508 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Annie Challis, DRE #01705452
Add your commute

Building Information for 2122 6th Avenue

Stories2Residences-Year Built1918Building Size-Lot Size0.17 AC / 7,508 SF

Payment Calculator

$10,300 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$1,295

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2122 6th Avenue

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Rental
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $123,372
  • Net Operating Income: $87,337.00
  • Gross Income: $123,372
  • Cap Rate: 5.29%
  • Gross Rent Multiplier: $13.37
  • Total Annual Expense: 36035
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1724
  • Lot Size Square Feet: 7508
  • Lot Size Dimensions: 50x150
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 8
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Stackable W/D Hookup
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-01-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,020.00
  • Unit Actual Rent: $2,020.00
  • Unit Projected Rent: $2,180.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,090.00
  • Unit Actual Rent: $1,090.00
  • Unit Projected Rent: $2,180.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,281.00
  • Unit Actual Rent: $1,281.00
  • Unit Projected Rent: $2,180.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,075.00
  • Unit Actual Rent: $2,075.00
  • Unit Projected Rent: $2,137.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,115.00
  • Unit Actual Rent: $3,115.00
  • Unit Projected Rent: $3,115.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $328,093.00
  • Assessed Improvement Percent: 27.27
  • Assessed Land Value: $874,915.00
  • Assessed Land Percent: 72.73
  • Assessed Total Value: $1,203,008.00

Property History for 2122 6th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2122 6th Avenue

Taxable ValueLand$874,915Additions$328,093Total$1,203,008
Tax Record2023$15,545 ($1,295 / month)
Home Facts
Total Finished SqFt5,220 SqFtAbove Grade Finished SqFt5,220 SqFtLot Size7,505 SqFtStyleMulti-Family Res (5+ Units)Year Built1918ZoningLARD2CountyLOS ANGELESAPN5060-024-020

Schools near 2122 6th Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 5
Rating
School
Distance
Arlington Heights Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

Global Education Academy 2
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2122 6th Avenue is a multi-family home for sale in Los Angeles, CA 90018. This property was listed for sale on May 1, 2024 by Coldwell Banker Realty, it's currently listed at $1,650,000. It has been on the market for a total of 42 days and was last sold on June 13, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Arlington Heights Elementary School, Johnnie Cochran, Jr., Middle School and Los Angeles Senior High School. 2122 6th Avenue is a 7-bed, 6-bath, 5,220 sqft multi-family home built in 1918.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Annie Challis, DRE #01705452

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.