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6326 Longview Ave, Los Angeles, CA 90068
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6326 Longview Ave Los Angeles, CA 90068

$1,700,000
  • 3 Beds
  • 4 Baths
  • 2,539 Sq.Ft.
For Sale
$1,700,000 Get Pre-Qualified
Map preview of 6326 Longview Ave, Los Angeles, CA 90068

Property Overview: 6326 Longview Ave Los Angeles, CA has 3 bedrooms, 4 bathrooms, 2,539 living square feet and 8,953 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: The rarity to own property within the iconic Hollywood Dell neighborhood paired with the long-term security & flexibility of both a premium duplex & sizable lot presents a strong, Los Angeles investment opportunity. The main structure is an updated duplex with both units occupied and near market rents. The upper unit is est. 1,000 sf and rented at $5,150/month - features 2 bedrooms, 2 bathrooms, living area with fireplace, separate dining room, kitchen, gated front yard & rear balcony with city views. The lower unit is est. 1,150 sf and rented at $4,263/month - features 1 bedroom, 1 large den, 2 bathrooms, living area with fireplace, enclosed porch, kitchen and private patio. The property offers abundant shared outdoor space for residents and an additional detached recreation room est. 407 sf (has Certificate of Occupancy) with 0.5 bathroom. Current annual Gross Operating Income is $113,234, Expenses are $35,914, and Net Operating Income is $77,320. The in-place cap rate is 4.55%. Square footage is estimated - buyer to verify.

Listed by Jorgi Paul | BRE #02189631 | Pellego, Inc.
Last checked: 7 minutes ago | Last updated: September 13th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
8,953
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24434007
City
Los Angeles
County
Los Angeles
Time on Site
14 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,263
  • Total Rent: $4,263
  • Pro Forma/Market Rent: $4,263
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,150
  • Total Rent: $5,150
  • Pro Forma/Market Rent: $5,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.55%
  • Gross Rent Multiplier: 15.01
  • Gross Scheduled Income: --
  • Net Operating Income: $77,320
  • Gross Operating Income: $113,234
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 6326 Longview Ave

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Property Details for 6326 Longview Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Community, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Basement, Den, Living Room, Primary Bathroom, Office
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Gas Cooktop
Interior Features
  • Levels: Multi/Split
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: 2
  • Has Parking
  • Parking Features: Detached Carport, Driveway
Lot Information
  • Lot Size Source: Estimated
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5576019047
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 6326-6328 Longview, Ave, Los Angeles, CA 90068
View more facts & features

Local Los Angeles Agent

Sale History for 6326 Longview Ave

Last sold on January 3rd, 2019

  • September, 2024

  • Sep 5, 2024

    Date

    Active

    CRMLS: 24434007

    $1,700,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: 23310375

    $2,300,000

    Price

  • Sep 13, 2023

    Date

    Active

    CRMLS: 23310375

    $2,300,000

    Price

  • Listing provided courtesy of CRMLS

    HOLLYWOOD DELL DUPLEX + DEVELOPMENT OPPORTUNITY FOR SALE - The rarity to own property within the iconic Hollywood Dell neighborhood paired with the long-term security + flexibility of both a premium duplex & sizable lot ideal for future development presents a one-of-a-kind investment opportunity. The property currently features 1) a renovated duplex with upper unit (2 BR / 2 BA) & lower unit (2 BR / 2 BA) that is fully occupied & rented near market rates, and 2) a detached studio (0.5 BA) that is rented by the tenant in lower unit MTM. The studio is plumbed to add 1 BA + kitchen & has a Certificate of Occupancy. There are two options available to create future value: Option 1 is to lightly renovate the existing studio, creating 3 units total. Option 2 is to demolish the studio & develop 2 ADUs, creating 4 units total. Please contact agent for detailed Offering Memorandum.

  • July, 2021

  • Jul 19, 2021

    Date

    Canceled

    CRMLS: 21741200

    $2,050,000

    Price

  • Jun 19, 2021

    Date

    Price Change

    CRMLS: 21741200

    $2,050,000

    Price

  • Jun 1, 2021

    Date

    Active

    CRMLS: 21741200

    $2,250,000

    Price

  • Listing provided courtesy of CRMLS

    Highly desirable income producing turnkey Hollywood Dell Duplex. Since its founding in the 1920s, the residential enclave of Hollywood Dell remains one of the most highly sought after residential neighborhoods in the greater Los Angeles area. This charming duplex consists of two fully updated units with hardwood floors plus a permitted ADU. 2bd/2ba top unit features updated kitchen, bathrooms and fireplace. 2bd/2ba bottom unit has an updated kitchen, bathrooms, and laundry room. Major systems are updated including electrical, sewer line (repaired), central air, copper plumbing and windows. Value added permitted detached ADU studio behind the garage w/ permitted plumbing and electrical hookups! Beautiful sunkissed verdant outdoor entertaining areas with storybook views of Hollywood. Wooded deck and vegetable garden. Ample off-street parking for residents or guests. Great floor plans with lots of natural lighting throughout and that charming Hollywood Dell vibe. Easy freeway access to 101 fwy, schools, shopping and entertainment, and just minutes away from the Hollywood Bowl. An ideal income producing fully updated duplex plus permitted ADU!

  • January, 2019

  • Jan 3, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2017

  • Nov 9, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,478,000

    Price

  • October, 2017

  • Oct 17, 2017

    Date

    Expired

    CRMLS: 17266266

    $3,975

    Price

  • Oct 3, 2017

    Date

    Price Change

    CRMLS: 17266266

    $3,975

    Price

  • Sep 2, 2017

    Date

    Active

    CRMLS: 17266266

    $4,100

    Price

  • Listing provided courtesy of CRMLS

    Unique duplex features hardwood flooring, brand new designer bathroom with over sized bath tub, brick fireplace, huge custom kitchen with plentiful counter space, sun room, and a lower level basement with multiple rooms for storing Private, enclosed back patio, and an enormous shared back yard that includes a dog run for your pup and sun deck. Shared Washer/Dryer w/ other unit. Hollywood Dell location, minutes from Franklin Village, Los Feliz, Griffith Park, Hollywood.

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Tax History for 6326 Longview Ave

Assessed Value (2020): $1,554,745
Year Land Value Improved Value Assessed Value
2020 $1,040,400 $514,345 $1,554,745

Home Value Compared to the Market

This property vs the competition

6326 Longview Ave is listed 41.67% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $669.55 per/sqft which puts the price per square foot 12.82% lower than the median price per square foot for the city of Los Angeles.

About 6326 Longview Ave

Detailed summary of property

6326 Longview Ave is a multi family located in Los Angeles, CA 90068 and is currently for sale. This multi family property offers 3 bedrooms, 4 bathrooms, roughly 2,539 living square feet, and sits on an approximately 8,953 square foot lot. 6326 Longview Ave was first listed on ArdentRealEstateGroup.com on September 5, 2024. The homeowner is currently asking $1,700,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 41.67% higher than the median priced home. Local competing homes currently for sale include 1239 Gordon St, 5806 La Mirada Ave and 1120 N Van Ness Ave. While the average home in Los Angeles, CA is selling in 106 days, 6326 Longview Ave has a days on market of 14 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 6326 Longview Ave Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6326 Longview Ave

Public county record property details
Beds
--
Baths
--
Year built
1940
Sq. Ft.
2,132
Lot Size
8,958
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
164
APN
5576-019-047

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,250,000
Median List Price/Sq.Ft.
$858
Median Sold Price
$1,720,000
Median Sold Price/Sq.Ft.
$766
Total Inventory
191
Median Sale to List Price %
98.29%
Avg Days on Market
46
Loan Type
Conventional (20%), FHA (0%), VA (4%), Cash (4%), Other (16%)

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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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