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6129 Allston St, Los Angeles, CA 90022
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6129 Allston St Los Angeles, CA 90022

$2,650,000
  • 4 Beds
  • 14 Baths
  • 7,443 Sq.Ft.
For Sale
$2,650,000 Get Pre-Qualified
Map preview of 6129 Allston St, Los Angeles, CA 90022

Property Overview: 6129 Allston St Los Angeles, CA has 4 bedrooms, 14 bathrooms, 7,443 living square feet and 4,993 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: We are pleased to present a great investment opportunity located in Unincorporated East Los Angeles. A unique mix of spacious Studios and 1 Bed + 1 Bath units. With many recent capital improvements (including copper plumbing - horizontal & vertical), this ideal real estate investment delivers a new owner to a well maintained property. The strong in-place rents still have realistic upside potential. This pride of ownership property is within a short distance to Whittier Blvd, a quick drive to Downtown Los Angeles as it is near the 60, 710 and 5 freeways. Buyer to assume the current Chase Loan (Apprx. $1,325,000 at 4.37% interest rate fixed until 07/01/2027 (contact listing agent for more details. Although rent control ordinance is in effect, this opportunity to increase rents is still allowable when due.

Listed by Shant Sherbetdjian | BRE #01713570 | Remax Commercial and Investment Realty
Last checked: 6 minutes ago | Last updated: November 3rd, 2023 | Source CRMLS | DOM: 159
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Home details

Lot Sq. Ft
4,993
HOA Dues
$0/mo
Year built
1929
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
23325569
City
Los Angeles
County
Los Angeles
Time on Site
186 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,547
  • Total Rent: $6,191
  • Pro Forma/Market Rent: $7,340
Unit Breakdown 2
  • # of Units: 10
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,368
  • Total Rent: $13,687
  • Pro Forma/Market Rent: $17,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.71%
  • Gross Rent Multiplier: 11.06
  • Gross Scheduled Income: --
  • Net Operating Income: $151,300
  • Gross Operating Income: $232,486
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 6129 Allston St

Interior Features
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Street, Garage
Property Information
  • Total # of Units: 14
  • Parcel Number: 6339017019
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: The Allston Apartments are situated in the city of East Los Angeles, on Allston Street between S Hendricks Ave and Montebello Park Way. The Nearest Major Intersections is Whittier Blvd and Garfield Ave. Within a short distance to many shops, restaurants, parks, schools and churches.
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Local Los Angeles Agent

Sale History for 6129 Allston St

Last sold for $741,500 on November 29th, 2016

  • October, 2023

  • Oct 26, 2023

    Date

    Active

    CRMLS: 23325569

    $2,650,000

    Price

  • November, 2016

  • Nov 29, 2016

    Date

    Sold (Public Records)

    Public Records

    $741,500

    Price

  • June, 2004

  • Jun 18, 2004

    Date

    Sold (Public Records)

    Public Records

    $860,000

    Price

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Tax History for 6129 Allston St

Assessed Value (2020): $2,016,295
Year Land Value Improved Value Assessed Value
2020 $1,209,777 $806,518 $2,016,295

Home Value Compared to the Market

This property vs the competition

6129 Allston St is listed 114.4% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $356.04 per/sqft which puts the price per square foot 53.94% lower than the median price per square foot for the city of Los Angeles.

About 6129 Allston St

Detailed summary of property

6129 Allston St is a multi family located in Los Angeles, CA 90022 and is currently for sale. This multi family property offers 4 bedrooms, 14 bathrooms, roughly 7,443 living square feet, and sits on an approximately 4,993 square foot lot. 6129 Allston St was first listed on ArdentRealEstateGroup.com on October 27, 2023. The homeowner is currently asking $2,650,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 114.4% higher than the median priced home. Local competing homes currently for sale include 11331 Pioneer Blvd, 4436 Lima St and 6828 Miramonte Blvd. While the average home in Los Angeles, CA is selling in 96 days, 6129 Allston St has a days on market of 159 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 6129 Allston St Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6129 Allston St

Public county record property details
Beds
12
Baths
14
Year built
1929
Sq. Ft.
7,443
Lot Size
4,993
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
50
APN
6339-017-019

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,800
Median List Price/Sq.Ft.
$634
Median Sold Price
$685,000
Median Sold Price/Sq.Ft.
$752
Total Inventory
18
Median Sale to List Price %
100.74%
Avg Days on Market
35
Loan Type
Conventional (55.56%), FHA (22.22%), VA (0%), Cash (11.11%), Other (11.11%)

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Recently Sold Homes Near 6129 Allston St

6149 Allston St, Los Angeles, CA 90022
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4 Baths
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-- Sq.Ft.
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$1,175,000 Last Sold Price
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6027 Allston St
Los Angeles, CA 90022

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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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