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2200 6Th Ave, Los Angeles, CA 90018
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2200 6Th Ave Los Angeles, CA 90018

$2,835,800 Sold Price as of 09/03/2020
  • 22 Beds
  • 15 Baths
  • -- Sq.Ft.
Sold
$2,835,800 Sold Price as of 09/03/2020 Refinance Your Mortgage
Map preview of 2200 6Th Ave, Los Angeles, CA 90018

Property Overview: 2200 6Th Ave Los Angeles, CA has 22 bedrooms, 15 bathrooms, -- living square feet and 14,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to exclusively present this three-story garden-style walk-up apartment building, located just south of Washington Blvd and between Crenshaw Blvd. and Arlington in the City of Los Angeles. This improving submarket offers easy access to the 10 freeway and a short drive to Koreatown, Miracle Mile and DTLA. Originally built in 1969, this complex features both front and rear staircases connected by mostly exterior walkways. There is no elevator. There's a laundry room with a washer and a dryer leased from Wash.The parking is gated with remote access. There are 13 open spaces and 6 covered for a total of 19 parking spaces. The building has gated entry with an intercom system. The units are separately metered for both gas and electric. There is access to the built-up roof through the front staircase. The units are feature gas wall heaters, galley kitchens with dual sinks, gas stovetop / ovens and laminate plank flooring. They are clean, but mostly original. Value-Add Opp.

Listed by David Kaufman | BRE #01217537 | David Ballin Kaufman
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 101

Home details

Lot Sq. Ft
14,999
HOA Dues
$0/mo
Year built
1969
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20556582
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,093
  • Total Rent: $8,745
  • Pro Forma/Market Rent: $13,600
Unit Breakdown 2
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,370
  • Total Rent: $9,590
  • Pro Forma/Market Rent: $14,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.04
  • Gross Scheduled Income: --
  • Net Operating Income: $117,767
  • Gross Operating Income: $215,245
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2200 6Th Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 15
  • Parcel Number: 5060024028
Location / Neighborhood
Location Information
  • Directions: From Downtown LA: Starting Westbound on the 10 freeway, take the Arlington Ave exit, turn right onto Arlington Ave, turn left onto 21st St, turn left onto 6th Ave. Property is on the left side of the street.
View more facts & features

Local Los Angeles Agent

Sale History for 2200 6Th Ave

Last sold for $2,835,800 on September 3rd, 2020

  • September, 2020

  • Sep 8, 2020

    Date

    Sold

    CRMLS: 20556582

    $2,835,800

    Price

  • May 20, 2020

    Date

    Pending

    CRMLS: 20556582

    $3,100,000

    Price

  • Feb 21, 2020

    Date

    Active

    CRMLS: 20556582

    $3,100,000

    Price

  • September, 2020

  • Sep 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,836,000

    Price

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Tax History for 2200 6Th Ave

Assessed Value (2020): $325,778
Year Land Value Improved Value Assessed Value
2020 $60,500 $265,278 $325,778

Home Value Compared to the Market

This property vs the competition

2200 6Th Ave sold on September 3, 2020 for 160.5% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 2200 6Th Ave

Detailed summary of property

2200 6Th Ave is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 22 bedrooms, 15 bathrooms, roughly -- living square feet, and sits on an approximately 14,999 square foot lot. 2200 6Th Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,835,800. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 160.5% higher than the current median priced home. Local homes that are currently for sale include 4647 W 18th St, 4639 Lomita St and 4817 St Charles Pl. While the average home in Los Angeles, CA is selling in 92 days, 2200 6Th Ave has a days on market of 101 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 2200 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 2200 6Th Ave

Public county record property details
Beds
--
Baths
15
Year built
1969
Sq. Ft.
11,630
Lot Size
14,999
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
16,17
APN
5060-024-028

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.
$629
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
52
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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