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5524 W 6Th St, Los Angeles, CA 90036
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5524 W 6Th St Los Angeles, CA 90036

$2,600,000 Sold Price as of 04/29/2022
  • 12 Beds
  • 6 Baths
  • 7,115 Sq.Ft.
Sold
$2,600,000 Sold Price as of 04/29/2022 Refinance Your Mortgage
Map preview of 5524 W 6Th St, Los Angeles, CA 90036

Property Overview: 5524 W 6Th St Los Angeles, CA has 12 bedrooms, 6 bathrooms, 7,115 living square feet and 7,802 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 5524 W 6th Street is a one-of-a-kind six-unit French Normandy-style property located in the Miracle Mile (90036). 5524 W 6th Street was built in 1936 and consists of 7,115 SF of improvements. The unit composition features Four (4) 2 Bedroom / 1.5 Bathroom apartment homes and Two (2) 2 Bedroom / 1.5 Bathroom Town Home-style units. The apartment units are large in size and average 1,185 (+/-) square feet. The property is sited on a +/- 7,802 square foot parcel, zoned LAR4. Covered parking is provided for 6 vehicles with one additional parking spot. Gas and electrical utilities are separately metered and paid by residents. It's ideally located on a prime street in the Miracle Mile and offers immediate access to the neighboring communities of Beverly Hills, Koreatown, and West Hollywood. It boasts a Walk Score of 94, which is deemed a "Walker's Paradise".

Listed by Nick Astrupgaard | BRE #01893466 | KW Commercial Studio City
Co-listed by Rich Johns | BRE #01432215 | KW Commercial Studio City
Last checked: 3 minutes ago | Last updated: April 29th, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
7,802
HOA Dues
$0/mo
Year built
1936
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22126201
City
Los Angeles
County
Los Angeles
Time on Site
828 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,963
  • Total Rent: $11,777
  • Pro Forma/Market Rent: $18,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.3
  • Gross Scheduled Income: --
  • Net Operating Income: $91,026
  • Gross Operating Income: $138,497
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5524 W 6Th St

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 5508009014
Location / Neighborhood
Location Information
  • Directions: Corner of 6th Street and Cochran Ave
View more facts & features

Local Los Angeles Agent

Sale History for 5524 W 6Th St

Last sold for $2,600,000 on April 29th, 2022

  • April, 2022

  • Apr 29, 2022

    Date

    Sold

    CRMLS: 22126201

    $2,600,000

    Price

  • Feb 9, 2022

    Date

    Active

    CRMLS: 22126201

    $2,450,000

    Price

  • October, 2020

  • Oct 30, 2020

    Date

    Leased

    CRMLS: 20617780

    $2,395

    Price

  • Oct 1, 2020

    Date

    Price Change

    CRMLS: 20617780

    $2,395

    Price

  • Aug 12, 2020

    Date

    Active

    CRMLS: 20617780

    $2,595

    Price

  • Listing provided courtesy of CRMLS

    *2 Bedrooms *1 Bathroom *Hardwood like floors *Window Blinds *Stove *Dogs/cats 30 pounds or less are welcome with an additional $500 deposit. Limit of 1 pet per apartment home. (RESTRICTIONS APPLY)***If the apartment or home you are applying for accepts pets, you must complete a pet profile & pet screening application for each pet. This also applies for assistance animal accommodation requests. The pet application fee is $20 for the first pet, $15 for the second pet and $0 (no charge) for assistance animal accommodation requests.*** Landlord pays for: Water, Sewer, and Trash *Resident pays for: Electricity and Gas

  • May, 2020

  • May 28, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5524 W 6Th St

Assessed Value (2020): $1,125,660
Year Land Value Improved Value Assessed Value
2020 $662,153 $463,507 $1,125,660

Home Value Compared to the Market

This property vs the competition

5524 W 6Th St sold on April 29, 2022 for 105.88% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $344.34 per/sqft which puts the price per square foot 54.39% lower than the current median sale per square foot for the city of Los Angeles.

About 5524 W 6Th St

Detailed summary of property

5524 W 6Th St is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 7,115 living square feet, and sits on an approximately 7,802 square foot lot. 5524 W 6Th St was first listed on ArdentRealEstateGroup.com on February 9, 2022. The homeowner sold the property for $2,600,000. 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 105.88% higher than the current median priced home. Local homes that are currently for sale include 1424 Meadowbrook Ave, 445 N Spaulding Ave and 454 N Genesee Ave. While the average home in Los Angeles, CA is selling in 92 days, 5524 W 6Th St has a days on market of 20 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 5524 W 6Th St Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5524 W 6Th St

Public county record property details
Beds
12
Baths
8
Year built
1936
Sq. Ft.
7,115
Lot Size
7,802
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
174
APN
5508-009-014

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,998,000
Median List Price/Sq.Ft.
$883
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
45
Median Sale to List Price %
102.81%
Avg Days on Market
22
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Recently Sold Homes Near 5524 W 6Th St

636 S Cochran Ave, Los Angeles, CA 90036
$6,800,000 Last Sold Price
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32 Baths
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613 S Detroit St, Los Angeles, CA 90036
$2,200,000 Last Sold Price
0 Beds
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$3,275,000 Last Sold Price
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648 S Burnside Ave, Los Angeles, CA 90036
$2,100,000 Last Sold Price
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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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