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2122 6Th Ave, Los Angeles, CA 90018
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2122 6Th Ave Los Angeles, CA 90018

$1,650,000
  • 16 Beds
  • 14 Baths
  • 5,220 Sq.Ft.
For Sale
$1,650,000 Get Pre-Qualified
Map preview of 2122 6Th Ave, Los Angeles, CA 90018

Property Overview: 2122 6Th Ave Los Angeles, CA has 16 bedrooms, 14 bathrooms, 5,220 living square feet and 7,508 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Annie Challis | BRE #01705452 | Coldwell Banker Realty
Last checked: 13 minutes ago | Last updated: May 9th, 2024 | Source CRMLS | DOM: 16
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Home details

Lot Sq. Ft
7,508
HOA Dues
$0/mo
Year built
1918
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24384523
City
Los Angeles
County
Los Angeles
Time on Site
18 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,020
  • Total Rent: $2,020
  • Pro Forma/Market Rent: $2,180
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,281
  • Total Rent: $1,281
  • Pro Forma/Market Rent: $2,180
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,075
  • Total Rent: $2,075
  • Pro Forma/Market Rent: $2,137
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,115
  • Total Rent: $3,115
  • Pro Forma/Market Rent: $3,115
Unit Breakdown 5
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,090
  • Total Rent: $1,090
  • Pro Forma/Market Rent: $2,180
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.29%
  • Gross Rent Multiplier: 13.37
  • Gross Scheduled Income: --
  • Net Operating Income: $87,337
  • Gross Operating Income: $123,372
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2122 6Th Ave

Interior Features
Laundry Information
  • Has Laundry
  • Stackable
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 5
  • Parcel Number: 5060024020
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between Arlington and Crenshaw, south of Washington, north of 10 freeway
View more facts & features

Local Los Angeles Agent

Sale History for 2122 6Th Ave

Last sold for $1,100,000 on July 28th, 2017

  • May, 2024

  • May 1, 2024

    Date

    Active

    CRMLS: 24384523

    $1,650,000

    Price

  • July, 2017

  • Jul 29, 2017

    Date

    Sold

    CRMLS: 17213028

    $1,100,000

    Price

  • Jul 17, 2017

    Date

    Pending

    CRMLS: 17213028

    $1,130,000

    Price

  • Jun 7, 2017

    Date

    Active Under Contract

    CRMLS: 17213028

    $1,130,000

    Price

  • Mar 20, 2017

    Date

    Active

    CRMLS: 17213028

    $1,130,000

    Price

  • Listing provided courtesy of CRMLS

    Great Investment opportunity to own this 5 unit building close to major thorough ways and easy freeway access. This has great upside as each unit has its very own washer and dryer hookups and water heaters. A long driveway that stems from the street to the rear of the building provide ample parking and also includes a few double wide garages in the rear of the lot. Great investment opportunity with a motivated seller.

  • July, 2017

  • Jul 28, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

  • April, 2015

  • Apr 24, 2015

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

Show More

Tax History for 2122 6Th Ave

Assessed Value (2020): $1,144,440
Year Land Value Improved Value Assessed Value
2020 $832,320 $312,120 $1,144,440

Home Value Compared to the Market

This property vs the competition

2122 6Th Ave is listed 32% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $316.09 per/sqft which puts the price per square foot 59.32% lower than the median price per square foot for the city of Los Angeles.

About 2122 6Th Ave

Detailed summary of property

2122 6Th Ave is a multi family located in Los Angeles, CA 90018 and is currently for sale. This multi family property offers 16 bedrooms, 14 bathrooms, roughly 5,220 living square feet, and sits on an approximately 7,508 square foot lot. 2122 6Th Ave was first listed on ArdentRealEstateGroup.com on May 1, 2024. The homeowner is currently asking $1,650,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 32% higher than the median priced home. Local competing homes currently for sale include 1619 Cimarron St, 1409 Arlington Ave and 2460 W 18th St. While the average home in Los Angeles, CA is selling in 92 days, 2122 6Th Ave has a days on market of 16 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2122 6Th Ave Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2122 6Th Ave

Public county record property details
Beds
6
Baths
6
Year built
1918
Sq. Ft.
5,220
Lot Size
7,505
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5060-024-020

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$684
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
53
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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