6128 Aldama St, Los Angeles, CA 90042
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6128 Aldama St Los Angeles, CA 90042

$1,650,000 Sold Price as of 05/25/2022
  • 10 Beds
  • 7 Baths
  • 5,650 Sq.Ft.
Sold
$1,650,000 Sold Price as of 05/25/2022 Refinance Your Mortgage

Map preview of 6128 Aldama St, Los Angeles, CA 90042

Property Overview: 6128 Aldama St Los Angeles, CA has 10 bedrooms, 7 bathrooms, 5,650 living square feet and 14,022 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present for sale a 7 unit Multifamily investment opportunity in North Highland Park - one of LA's Hottest Rental Locations! 6128 Aldama Street offers investors a substantial value add opportunity, with nearly 106% upside potential. A rarity to find a property built with a similar composition of 2 standalone single-story units with 2 Bedrooms and 1 Bathroom Each (+/- 1,048 SF Unit Built in 1955 and a +/- 777 SF Unit Built in 1913). A 3rd unit is a single story 2 Bedroom unit attached to the remainder of the 4 Units (1 VACANT), each comprised of 1 Bedroom and boasting a total SF of +/- 3,825 SF. This terrific opportunity is situated on a sprawling lot size of +/- 14,002, and zoned LARD2. The property is strategically located in a vibrant and lively nightlife scene, minutes to both York & Figueroa's retail corridor which is home to a number of trendy bars, retail, andcoffee shops. The Highland Park Bungalows are considered "Walker's Paradise" with a (92) walk-score, where daily errands do notrequire a car! This rare opportunity is poised for an astute investor looking to add value on a supply-constrained product in abooming area where prices have appreciated Year-over-Year. Minutes to Pasadena, Downtown LA, Eagle Rock, Atwater Village,Silver Lake, Echo Park, "The Highland Park Bungalows" might be a once-in-a-lifetime life opportunity to acquire. Buyer to conductany/all due diligence including but not limited to the square footage, lot size, and zoning. DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY.

Listed by Eric Dilanian | BRE #01951699 | Remax Commercial and Investment Realty
Last checked: 3 minutes ago | Last updated: May 25th, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
14,022
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22136515
City
Los Angeles
County
Los Angeles
Time on Site
843 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $982
  • Total Rent: $2,947
  • Pro Forma/Market Rent: $8,250
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,232
  • Total Rent: $4,928
  • Pro Forma/Market Rent: $8,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.93
  • Gross Scheduled Income: --
  • Net Operating Income: $57,985
  • Gross Operating Income: $93,558
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6128 Aldama St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Carport, Driveway, Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 7
  • Parcel Number: 5484017008
Location / Neighborhood
Location Information
  • Directions: East on York Blvd, Right on Aldama St
View more facts & features

Local Los Angeles Agent

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Sale History for 6128 Aldama St

Last sold for $1,650,000 on May 25th, 2022
  • May, 2022

  • May 25, 2022

    Date

    Sold

    CRMLS: 22136515

    $1,650,000

    Price

  • Mar 15, 2022

    Date

    Active

    CRMLS: 22136515

    $1,600,000

    Price

Tax History for 6128 Aldama St

Assessed Value (2020): $131,550
Year Land Value Improved Value Assessed Value
2020 $44,806 $86,744 $131,550

Home Value Compared to the Market

This property vs the competition

6128 Aldama St sold on May 25, 2022 for 25.59% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $283.19 per/sqft which puts the price per square foot 64.2% lower than the current median sale per square foot for the city of Los Angeles.

About 6128 Aldama St

Detailed summary of property

6128 Aldama St is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 10 bedrooms, 7 bathrooms, roughly 5,650 living square feet, and sits on an approximately 14,022 square foot lot. 6128 Aldama St was first listed on ArdentRealEstateGroup.com on March 15, 2022. The homeowner sold the property for $1,650,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 25.59% higher than the current median priced home. Local homes that are currently for sale include 3813 Baldwin St, 2221 Griffin Ave and 5506 Valley Blvd. While the average home in Los Angeles, CA is selling in 100 days, 6128 Aldama St has a days on market of 20 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 6128 Aldama St Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6128 Aldama St

Public county record property details
Beds
10
Baths
7
Year built
1955
Sq. Ft.
5,650
Lot Size
14,022
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7,8
APN
5484-017-008

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,200,000
Median List Price/Sq.Ft.
$789
Median Sold Price
$1,140,000
Median Sold Price/Sq.Ft.
$895
Total Inventory
90
Median Sale to List Price %
115.27%
Avg Days on Market
19
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (34.62%), Other (7.69%)

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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.