6419 Elgin St, Los Angeles, CA 90042
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6419 Elgin St Los Angeles, CA 90042

$850,000
  • 4 Beds
  • 2 Baths
  • 1,452 Sq.Ft.
For Sale
$850,000 Get Pre-Qualified

Map preview of 6419 Elgin St, Los Angeles, CA 90042

Property Overview: 6419 Elgin St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,452 living square feet and 4,317 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: One unit will be delivered vacant at the close of escrow (COE), providing immediate occupancy options. Discover these 2 homes in 1 lot in a prime Los Angeles location, specifically in the desirable Highland Park neighborhood of Northeast LA. Each home has 2 bedrooms and 1 bathroom, offering comfortable living spaces. The property features one main water meter and separate gas and electrical meters for each unit. The front house has been newly reroofed and stuccoed, while the back home needs a little TLC. The tenant-occupied unit generates a steady income. Don't miss out on this fantastic investment opportunity to LIVE in one and rent the other, vacant unit is the largest unit.

Listed by Maria Sarmiento | BRE #01837686 | Keller Williams Downtown LA
Last checked: 4 minutes ago | Last updated: June 22nd, 2024 | Source CRMLS | DOM: 24
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Home details

Lot Sq. Ft
4,317
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24396585
City
Los Angeles
County
Los Angeles
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $47,775
  • Gross Operating Income: $18,000
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 6419 Elgin St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5493020015
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: N Avenue 64, Elgin St.
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Sale History for 6419 Elgin St

View property's historical transactions
  • May, 2024

  • May 28, 2024

    Date

    Active

    CRMLS: 24396585

    $850,000

    Price

Tax History for 6419 Elgin St

Assessed Value (2020): $179,119
Year Land Value Improved Value Assessed Value
2020 $53,721 $125,398 $179,119

Home Value Compared to the Market

This property vs the competition

6419 Elgin St is listed 31.95% lower 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 $778 and this home is listed at $585.4 per/sqft which puts the price per square foot 24.76% lower than the median price per square foot for the city of Los Angeles.

About 6419 Elgin St

Detailed summary of property

6419 Elgin St is a multi family located in Los Angeles, CA 90042 and is currently for sale. This multi family property offers 4 bedrooms, 2 bathrooms, roughly 1,452 living square feet, and sits on an approximately 4,317 square foot lot. 6419 Elgin St was first listed on ArdentRealEstateGroup.com on May 28, 2024. The homeowner is currently asking $850,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 31.95% lower than the median priced home. Local competing homes currently for sale include 4208 Griffin Ave, 321 W Avenue 37 and 5200 El Rio Ave. While the average home in Los Angeles, CA is selling in 98 days, 6419 Elgin St has a days on market of 24 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 6419 Elgin 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 6419 Elgin St

Public county record property details
Beds
2
Baths
2
Year built
1963
Sq. Ft.
1,452
Lot Size
4,320
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5493-020-015

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
$1,190,000
Median List Price/Sq.Ft.
$792
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$763
Total Inventory
90
Median Sale to List Price %
115.91%
Avg Days on Market
20
Loan Type
Conventional (31.25%), FHA (0%), VA (0%), Cash (18.75%), Other (9.38%)

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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.