6326 Longview Avenue

Los Angeles, CA 90068

$1,649,000
Price
3
Beds
4
Baths
2,539 Sq. Ft.
$649 / Sq. Ft.
2,539
Sq. Ft.
$649
per Sq. Ft.

Description

The rarity to own property within the iconic Hollywood Dell neighborhood paired with the long-term security & flexibility of both a premium duplex & sizable lot presents a strong, Los Angeles investment opportunity. The main structure is an updated duplex with both units occupied and near market rents. The upper unit is est. 1,000 sf and rented at $5,150/month - features 2 bedrooms, 2 bathrooms, living area with fireplace, separate dining room, kitchen, gated front yard & rear balcony with city views....The rarity to own property within the iconic Hollywood Dell neighborhood paired with the long-term security & flexibility of both a premium duplex & sizable lot presents a strong, Los Angeles investment opportunity. The main structure is an updated duplex with both units occupied and near market rents. The upper unit is est. 1,000 sf and rented at $5,150/month - features 2 bedrooms, 2 bathrooms, living area with fireplace, separate dining room, kitchen, gated front yard & rear balcony with city views. The lower unit is est. 1,150 sf and rented at $4,263/month - features 1 bedroom, 1 large den, 2 bathrooms, living area with fireplace, enclosed porch, kitchen and private patio. The property offers abundant shared outdoor space for residents and an additional detached recreation room est. 407 sf (has Certificate of Occupancy) with 0.5 bathroom. Current annual Gross Operating Income is $113,234, Expenses are $35,914, and Net Operating Income is $77,320. The in-place cap rate is 4.69%. Square footage is estimated - buyer to verify.
  1. Listed by Jorgi Paul • DRE #02189631 • Brokerage DRE #00702131 • Pellego, Inc.

Property Details for 6326 Longview Avenue

Zoning
LAR2
Parcel Number
5576019047
Total Units
2.0
Living Area
2539
Source Living Area
Estimated
Area
Hollywood Hills East (C30)
Vacancy Rate
0
Lot Size Area
8953
LISTING UPDATED: 09/26/2024 06:21 PM

Property Details for 6326 Longview Avenue

StatusActive
MLS #24-434007
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.21 AC / 8,953 SF
CountyLos Angeles County

Building Information for 6326 Longview Avenue

Stories2Residences-Year Built1940Building Size-Lot Size0.21 AC / 8,953 SF

Property Information for 6326 Longview Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Duplex
  • View: Yes
  • View Description: City
  • View: City Lights
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $113,234
  • Net Operating Income: $77,320.00
  • Gross Income: $113,234
  • Cap Rate: 4.69%
  • Gross Rent Multiplier: $14.56
  • Owner Pays: Water
  • Total Annual Expense: 35914
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2062
  • Lot Size Square Feet: 8953
Parking Details
Parking Details
  • Parking Garage: Carport Detached, Driveway
  • Total Parking: 2
  • Carport Spaces Total: 2
  • Parking Features: Detached Carport, Driveway
  • Attached Garage: No
Interior Features
Interior Features
  • Room Type: Basement, Den, Living Room, Primary Bathroom, Office
  • Rooms: Basement, Converted Garage, Den, Den/Office, Dining Room, Enclosed Glass Porch, Living Room, Master Bedroom, Office, Patio Open, Study/Office, Patio Covered
  • Levels: Multi/Split
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Den: Yes
  • Family Room: 0
  • Dining Room: 1
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Microwave
  • Interior Features: Built-Ins
  • Cooking Appliances: Cooktop - Gas, Microwave
  • Laundry: Community, Laundry Area, Room
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Patio Features: Balcony, Enclosed Glass Porch, Awning, Porch - Front, Porch - Rear
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 09-05-2024
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,150.00
  • Unit Actual Rent: $5,150.00
  • Unit Projected Rent: $5,150.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,263.00
  • Unit Actual Rent: $4,263.00
  • Unit Projected Rent: $4,263.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number Leased: 2

Property History for 6326 Longview 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 6326 Longview Avenue

Taxable ValueLand$1,115,517Additions$551,480Total$1,666,997
Tax Record2024$20,415 ($1,701 / month)
Home Facts
Total Finished SqFt2,132 SqFtAbove Grade Finished SqFt2,132 SqFtLot Size8,959 SqFtStyleDuplexYear Built1940ZoningLAR2CountyLOS ANGELESAPN5576-019-047

Schools near 6326 Longview 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
Public - K to 5
Rating
School
Distance
Cheremoya Avenue Elementary School
PublicK to 5

Joseph Le Conte Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Selma Avenue Elementary School
PublicK 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.

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6326 Longview Avenue is a multi-family home for sale in Los Angeles, CA 90068. This property was listed for sale on September 5, 2024 by Pellego, Inc., it's currently listed at $1,649,000. It has been on the market for a total of 31 days and was last sold on October 31, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Cheremoya Avenue Elementary School, Joseph Le Conte Middle School and Hollywood Senior High School. 6326 Longview Avenue is a 3-bed, 4-bath, 2,539 sqft multi-family home built in 1940.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pellego, Inc., Jorgi Paul, DRE #02189631

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.