6400 Dix St, Los Angeles, CA 90068
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6400 Dix St Los Angeles, CA 90068

$2,450,000
  • 12 Beds
  • 8 Baths
  • 6,916 Sq.Ft.
For Sale
$2,450,000 Get Pre-Qualified

Map preview of 6400 Dix St, Los Angeles, CA 90068

Property Overview: 6400 Dix St Los Angeles, CA has 12 bedrooms, 8 bathrooms, 6,916 living square feet and 7,185 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 6,916 sf two-story building sits on a 7,221 sf lot and is comprised of (2) two bedroom plus den and two bathroom units and (4) two bedroom plus den and one bathroom units. The subject property is ready for a new investor to take full advantage of its upside potential. In the rolling hills of Hollywood, you'll discover no other than Hollywood Hills, one of the most affluent communities in Los Angeles, situated ten miles northwest of the city. Home to the infamous Hollywood Sign on Mount Lee, this neighborhood boasts significant landmarks, breathtaking views, and famous rolling hills, which are a part of the Santa Monica Mountains.With attractions like Runyon Canyon Park, Lake Hollywood Park, Griffith Park, and the Hollywood Bowl, this neighborhood is one for the books. And directly south of town, you'll find even more exquisite attractions like the Hollywood Wax Museum and Hollywood Pantages Theatre! North of Hollywood Hills, you'll find the some of the city's greatest attractions in Universal City. Discover Universal Studios Hollywood and its famous sites like the Wizarding World of Harry Potter and Universal City Walk, a vibrant area of shops, restaurants, bars, theaters, and so much more.Upscale apartments and historic West Coast-style homes reside on spacious lots along rolling hills with scenic views of the city and the nearby coast. With shopping, restaurants, hiking trails, big cities, and famous landmarks within reach, Hollywood Hills is an ideal residential destination on the West Coast.The Property is bordered by Franklin Ave on the south, Ivar Ave on the East, and Dix Ave on the North. The Hollywood Freeway is 2 blocks to the north. The Subject's close proximity to major freeways, such as, Golden State (5) Pasadena/Harbor (110) & the Santa Monica (10) Freeways provides ready access to the beaches in Santa Monica, Venice and Malibu.

Listed by Mark Konopaske | BRE #00960857 | Mark Konopaske
Last checked: 11 minutes ago | Last updated: April 1st, 2024 | Source CRMLS | DOM: 385
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Home details

Lot Sq. Ft
7,185
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23256217
City
Los Angeles
County
Los Angeles
Time on Site
392 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 6
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $6,200
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,530
  • Total Rent: $10,120
  • Pro Forma/Market Rent: $3,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6%
  • Gross Rent Multiplier: 12.51
  • Gross Scheduled Income: --
  • Net Operating Income: $147,548
  • Gross Operating Income: $195,862
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 6400 Dix St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace, Natural Gas
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Den
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator, Gas Range
Interior Features
  • Levels: Two
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Rolled/Hot Mop
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Tandem Garage, Uncovered, Parking Space
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 6
  • Parcel Number: 5575001025
  • Year Built Source: Assessor
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: FWY 101 exit Cahuenga Blvd, go South on Cahuenga Blvd and left turn on to Dix Street.
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Sale History for 6400 Dix St

Last sold for $1,700,000 on November 28th, 2016
  • March, 2023

  • Mar 31, 2023

    Date

    Active

    CRMLS: 23256217

    $2,995,000

    Price

  • November, 2016

  • Nov 28, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,700,000

    Price

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Tax History for 6400 Dix St

Assessed Value (2020): $1,804,232
Year Land Value Improved Value Assessed Value
2020 $1,299,979 $504,253 $1,804,232

Home Value Compared to the Market

This property vs the competition

6400 Dix St is listed 96.16% 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 $354.25 per/sqft which puts the price per square foot 54.11% lower than the median price per square foot for the city of Los Angeles.

About 6400 Dix St

Detailed summary of property

6400 Dix St is a multi family located in Los Angeles, CA 90068 and is currently for sale. This multi family property offers 12 bedrooms, 8 bathrooms, roughly 6,916 living square feet, and sits on an approximately 7,185 square foot lot. 6400 Dix St was first listed on ArdentRealEstateGroup.com on March 31, 2023. The homeowner is currently asking $2,450,000 and was originally asking $2,995,000. 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 96.16% higher than the median priced home. Local competing homes currently for sale include 5918 Barton Ave, 5700 La Mirada Ave and 5662 Fountain Ave. While the average home in Los Angeles, CA is selling in 97 days, 6400 Dix St has a days on market of 385 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 6400 Dix St 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 6400 Dix St

Public county record property details
Beds
--
Baths
--
Year built
1920
Sq. Ft.
6,916
Lot Size
7,176
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
38
APN
5575-001-025

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
$2,150,000
Median List Price/Sq.Ft.
$874
Median Sold Price
$1,238,000
Median Sold Price/Sq.Ft.
$787
Total Inventory
160
Median Sale to List Price %
104.47%
Avg Days on Market
49
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (3.85%), Other (3.85%)

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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.