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6420 Orange St, Los Angeles, CA 90048
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6420 Orange St Los Angeles, CA 90048

$2,200,000 Sold Price as of 04/22/2022
  • 6 Beds
  • 4 Baths
  • 4,687 Sq.Ft.
Sold
$2,200,000 Sold Price as of 04/22/2022 Refinance Your Mortgage
Map preview of 6420 Orange St, Los Angeles, CA 90048

Property Overview: 6420 Orange St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 4,687 living square feet and 6,249 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located In A Great Pocket Of The Mid-Wilshire District - Mid-Wilshire is one of the city's most popular areas for art, food, and shopping. The wild architecture of the PetersenMuseum is the most distinctive landmark, and other must-see attractions include the Los Angeles County Museum of Art, the Pavilion for Japanese Art, and the La Brea Tar Pits and Museum, which are all within one block of one another. | Ideal 1031 Exchange Property - This investment provides an investor an opportunity to own an ease-of-management four unit asset with minimal operating expenses. | Unique Investment Location - Much of the neighborhood is residential, incorporating everything from suburban single-family homes with manicured lawns to ultra-modern apartments and condos in the thick of it all. | Excellent Walkability - The subject property has a walk score of 82 and a transit score of 64. | Strong Unit-Mix - The property consists of (2) 1 bed / 1 bath units and (2) 2bed / 1 bath units. The units range from 1,000 SF - 1200 SF.

Listed by Elliot Hassan | BRE #01481211 | James Capital Advisors, Inc.
Co-listed by John Katnik | BRE #02002695 | James Capital Advisors, Inc.
Last checked: 4 minutes ago | Last updated: April 25th, 2022 | Source CRMLS | DOM: 154

Home details

Lot Sq. Ft
6,249
HOA Dues
$0/mo
Year built
1937
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21782020
City
Los Angeles
County
Los Angeles
Time on Site
980 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,043
  • Total Rent: $2,043
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,595
  • Total Rent: $2,595
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,928
  • Total Rent: $1,928
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20.46
  • Gross Scheduled Income: --
  • Net Operating Income: $69,777
  • Gross Operating Income: $109,020
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6420 Orange St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 4
  • Parcel Number: 5510023043
Location / Neighborhood
Location Information
  • Directions: 6420 Orange St Los Angeles, CA 90048
View more facts & features

Local Los Angeles Agent

Sale History for 6420 Orange St

Last sold for $2,200,000 on April 22nd, 2022

  • September, 2021

  • Sep 10, 2021

    Date

    Active

    CRMLS: 21782020

    $2,575,000

    Price

  • March, 2020

  • Mar 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,700,000

    Price

  • April, 2007

  • Apr 4, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 6420 Orange St

Assessed Value (2020): $606,103
Year Land Value Improved Value Assessed Value
2020 $424,276 $181,827 $606,103

Home Value Compared to the Market

This property vs the competition

6420 Orange St sold on April 22, 2022 for 93.28% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $490.72 per/sqft which puts the price per square foot 35% lower than the current median sale per square foot for the city of Los Angeles.

About 6420 Orange St

Detailed summary of property

6420 Orange St is a multi family that recently sold in Los Angeles, CA 90048. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 4,687 living square feet, and sits on an approximately 6,249 square foot lot. 6420 Orange St was first listed on ArdentRealEstateGroup.com on September 10, 2021. The homeowner sold the property for $2,200,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 93.28% higher than the current median priced home. Local homes that are currently for sale include 6120 Packard St, 812 Alandele Ave and 806 Alandele Ave. While the average home in Los Angeles, CA is selling in 92 days, 6420 Orange St has a days on market of 154 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 6420 Orange St Los Angeles, CA 90048 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6420 Orange St

Public county record property details
Beds
6
Baths
4
Year built
1937
Sq. Ft.
4,687
Lot Size
6,249
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
31
APN
5510-023-043

The source for these homes facts are from public records.

90048 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,495,000
Median List Price/Sq.Ft.
$1,041
Median Sold Price
$2,275,000
Median Sold Price/Sq.Ft.
$989
Total Inventory
133
Median Sale to List Price %
91.18%
Avg Days on Market
72
Loan Type
Conventional (9.52%), FHA (0%), VA (0%), Cash (9.52%), Other (0%)

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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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