6063 Harold Way, Los Angeles, CA 90028
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6063 Harold Way Los Angeles, CA 90028

$1,950,000
  • 4 Beds
  • 4 Baths
  • 2,545 Sq.Ft.
For Sale
$1,950,000 Get Pre-Qualified

Map preview of 6063 Harold Way, Los Angeles, CA 90028

Property Overview: 6063 Harold Way Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,545 living square feet and 5,401 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: Enchanting 1920's Hollywood bungalows and single family home located in a beautiful courtyard setting. Fenced and unassuming from the street this beautifully updated trophy has retained its original charm and character including a private garden patio in a very central Hollywood location. Just a few blocks away from the Hollywood and Vine Metro station and the Hollywood Walk of Fame. Two units delivered vacant which allows live/work, live in one and rent the others. The units have been meticulously maintained. Two attached bungalow units feature 1 bedroom and 1 bath while the rear detached SFR unit has 2 bedrooms and 1 bath and a deck. All Units are separately metered for gas and electrical. The property also features a recently added ADU with permits and approved occupancy. Both current tenants are on month to month leases and are eligible for rent increases.

Listed by Sean Inesta | BRE #01853141 | Sean Inesta, Broker
Last checked: 12 minutes ago | Last updated: March 5th, 2024 | Source CRMLS | DOM: 49
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Home details

Lot Sq. Ft
5,401
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23320491
City
Los Angeles
County
Los Angeles
Time on Site
60 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: --
  • Net Operating Income: $28,014
  • Gross Operating Income: $60,000
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 6063 Harold Way

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Community
Fireplace Information
  • Has Fireplace
  • Decorative, Gas, Living Room, Dining Room
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Gas Cooktop, Oven
Interior Features
  • Ceiling Fan(s), Crown Molding, Open Floorplan, Recessed Lighting, Sunken Living Room
  • Levels: One
  • Security Features: Fire and Smoke Detection System, Carbon Monoxide Detector(s)
  • Door Features: Double Door Entry, French Doors
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Landscaped, Front Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5545008027
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Property Condition: Additions/Alterations, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: One block north of Sunset, on Harold way in between La Baig and Gower
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Sale History for 6063 Harold Way

Last sold for $1,295,000 on October 12th, 2017
  • February, 2024

  • Feb 26, 2024

    Date

    Active

    CRMLS: 23320491

    $1,950,000

    Price

  • June, 2020

  • Jun 4, 2020

    Date

    Expired

    CRMLS: 19533812

    $1,750,000

    Price

  • Jan 18, 2020

    Date

    Withdrawn

    CRMLS: 19533812

    $1,750,000

    Price

  • Dec 3, 2019

    Date

    Active

    CRMLS: 19533812

    $1,750,000

    Price

  • Listing provided courtesy of CRMLS

    Enchanting 1920's Hollywood bungalows and SFR located in a beautiful courtyard setting. Fenced and unassuming from the street this beautifully updated trophy has retained its original charm and character including a private garden patio in a very central Hollywood location. Just a few blocks away from the Hollywood and Vine Metro station and the Hollywood Walk of Fame. All units delivered vacant which allows live/work, live in one and rent others. The units have been meticulously maintained. Two attached bungalow units feature 1 bedroom and 1 bath while the rear detached SFR unit has 2 bedrooms and 1 bath and a deck. All Units are separately metered for gas and electrical. The property also features a non-conforming studio unit which will be eligible for an ADU in January 2020. Based on very conservative rental comps this property is a true 5% CAP which is unheard of in the area.

  • October, 2017

  • Oct 12, 2017

    Date

    Sold

    CRMLS: DW17194910

    $1,295,000

    Price

  • Sep 13, 2017

    Date

    Active Under Contract

    CRMLS: DW17194910

    $1,295,000

    Price

  • Aug 23, 2017

    Date

    Active

    CRMLS: DW17194910

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    Adorable, serene cottage style living. This unique, romantic Hollywood triplex is the perfect investment or owner occupied units. The front side by side connected units are lavishly upgraded and decorated consisting of 1 bedroom and 1 bath each. It boasts original wood floors, newer windows and a cozy outdoor area to relax. The back unit consists of 2 bedrooms and 1 bathroom. The 2 bedroom is ideal for an owner to live while renting out the two other units. Both bedrooms open up to a large wood deck. The property is close to night life, shopping, freeways, public transportation and every style restaurant imaginable. The units do not disappoint, they will satisfy the pickiest buyers. It is currently being ran as an Air BnB with enormous cash flow. Property will be delivered vacant and can be delivered furnished.

  • October, 2017

  • Oct 12, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,295,000

    Price

  • January, 2015

  • Jan 28, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,049,000

    Price

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Tax History for 6063 Harold Way

Assessed Value (2020): $1,347,318
Year Land Value Improved Value Assessed Value
2020 $1,040,400 $306,918 $1,347,318

Home Value Compared to the Market

This property vs the competition

6063 Harold Way is listed 56.12% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $766.21 per/sqft which puts the price per square foot 0.75% lower than the median price per square foot for the city of Los Angeles.

About 6063 Harold Way

Detailed summary of property

6063 Harold Way is a multi family located in Los Angeles, CA 90028 and is currently for sale. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 2,545 living square feet, and sits on an approximately 5,401 square foot lot. 6063 Harold Way was first listed on ArdentRealEstateGroup.com on February 27, 2024. The homeowner is currently asking $1,950,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 56.12% higher than the median priced home. Local competing homes currently for sale include 812 N Van Ness Ave, 1414 N Las Palmas Ave and 5449 S Virginia Ave. While the average home in Los Angeles, CA is selling in 97 days, 6063 Harold Way has a days on market of 49 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 6063 Harold Way Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6063 Harold Way

Public county record property details
Beds
5
Baths
2
Year built
1921
Sq. Ft.
2,145
Lot Size
5,401
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
29
APN
5545-008-027

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$719
Median Sold Price
$1,172,000
Median Sold Price/Sq.Ft.
$710
Total Inventory
34
Median Sale to List Price %
117.32%
Avg Days on Market
9
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 6063 Harold Way

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.