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4200 6Th Ave, Los Angeles, CA 90008
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4200 6Th Ave Los Angeles, CA 90008

$1,651,777 Sold Price as of 08/24/2021
  • 10 Beds
  • 6 Baths
  • 5,278 Sq.Ft.
Sold
$1,651,777 Sold Price as of 08/24/2021 Refinance Your Mortgage
Map preview of 4200 6Th Ave, Los Angeles, CA 90008

Property Overview: 4200 6Th Ave Los Angeles, CA has 10 bedrooms, 6 bathrooms, 5,278 living square feet and 7,594 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Offer Deadline has passed; offers are being reviewed & seller is not reviewing new offers. New interior photos were added so take a look. Extraordinary value and investment in prime area in Leimert Park, this lovely Spanish building on expansive corner lot includes a charming courtyard and enclosed backyard w/3 garages. The building consists of six (6) units. Great unit mix: Four (4) 2+1 units and Two (2) 1+1 units w/front & back door access. Separate laundry room/service room. Garages (1 space per unit and street parking is available). This offering presents an excellent opportunity for an investor to acquire an asset in a desirable residential area known for its beautiful Spanish Colonial Revival homes and tree-lined streets. Residents of this property enjoy being near upcoming Metro Crenshaw/LAX transit development and centrally located to shop at nearby Baldwin Hills-Crenshaw Mall; current rents present the opportunity to capture potential upside. Property is professionally managed, well maintained, landscaped & with newer windows and a stable tenant base. separately metered for gas & electricity. "As-Is Present Condition". Submit Offer to L/A Subject to Interior Inspection with Loan Approval Letter, Proof of Funds. Do not enter property or Disturb Tenants

Listed by Teresa Mack | BRE #01766118 | Pacific Playa Realty
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
7,594
HOA Dues
$0/mo
Year built
1929
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
21754834
City
Los Angeles
County
Los Angeles
Time on Site
1185 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,308
  • Total Rent: $15,696
  • Pro Forma/Market Rent: $24,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $26,400
  • Pro Forma/Market Rent: $26,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,608
  • Total Rent: $19,296
  • Pro Forma/Market Rent: $19,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,251
  • Total Rent: $15,012
  • Pro Forma/Market Rent: $19,800
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $19,800
  • Pro Forma/Market Rent: $19,800
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $22,800
  • Pro Forma/Market Rent: $22,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 10.4
  • Gross Scheduled Income: --
  • Net Operating Income: $116,350
  • Gross Operating Income: $116,350
Annual Expense Breakdown
  • Total Operating Expense: --
  • Insurance: $2,153
  • Maintenance: $8,033
  • Other Expenses: $950

Property Details for 4200 6Th Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Carpet, Tile
Kitchen Information
  • Has Appliances
  • Disposal
Exterior Features
Exterior Information
  • Roof: Tile
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage
Property Information
  • No View
  • View: None
  • Total # of Units: 6
  • Parcel Number: 5023028042
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Take Angeles Vista Blvd and Leimert Blvd to Stocker Pl in Los Angeles5 min (1.6 mi) Follow Stocker Pl and W 42nd St to 6th Ave
View more facts & features

Local Los Angeles Agent

Sale History for 4200 6Th Ave

Last sold for $1,651,777 on August 24th, 2021

  • August, 2021

  • Aug 25, 2021

    Date

    Sold

    CRMLS: 21754834

    $1,651,777

    Price

  • Jul 13, 2021

    Date

    Pending

    CRMLS: 21754834

    $1,375,000

    Price

  • Jul 5, 2021

    Date

    Hold

    CRMLS: 21754834

    $1,375,000

    Price

  • Jun 30, 2021

    Date

    Active

    CRMLS: 21754834

    $1,375,000

    Price

  • March, 2017

  • Mar 17, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

  • March, 2006

  • Mar 17, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4200 6Th Ave

Assessed Value (2020): $1,379,570
Year Land Value Improved Value Assessed Value
2020 $955,087 $424,483 $1,379,570

Home Value Compared to the Market

This property vs the competition

4200 6Th Ave sold on August 24, 2021 for 22.77% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $260.52 per/sqft which puts the price per square foot 64.02% lower than the current median sale per square foot for the city of Los Angeles.

About 4200 6Th Ave

Detailed summary of property

4200 6Th Ave is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 5,278 living square feet, and sits on an approximately 7,594 square foot lot. 4200 6Th Ave was first listed on ArdentRealEstateGroup.com on June 30, 2021. The homeowner sold the property for $1,651,777. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 22.77% higher than the current median priced home. Local homes that are currently for sale include 3025 Edgehill Dr, 3206 W 27th St and 4801 S Normandie Ave. While the average home in Los Angeles, CA is selling in 106 days, 4200 6Th Ave has a days on market of 6 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 4200 6Th Ave Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4200 6Th Ave

Public county record property details
Beds
10
Baths
6
Year built
1929
Sq. Ft.
5,278
Lot Size
7,593
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
310,312
APN
5023-028-042

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$672
Median Sold Price
$1,315,000
Median Sold Price/Sq.Ft.
$602
Total Inventory
46
Median Sale to List Price %
94%
Avg Days on Market
29
Loan Type
Conventional (21.43%), FHA (0%), VA (0%), Cash (21.43%), Other (7.14%)

Thinking of Selling?

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(714) 706-1823

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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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