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6500 Drexel Ave, Los Angeles, CA 90048
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6500 Drexel Ave Los Angeles, CA 90048

$1,849,000
  • 4 Beds
  • 2 Baths
  • 2,468 Sq.Ft.
Back Up Offer
$1,849,000 Get Pre-Qualified
Map preview of 6500 Drexel Ave, Los Angeles, CA 90048

Property Overview: 6500 Drexel Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,468 living square feet and 6,050 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: Immaculate California-style "side by side" Duplex, with each unit boasting 2 bedrooms, 1 bathroom and office nook, meticulously renovated and positioned on a picturesque tree-lined street. Spacious bedrooms complemented by renovated dual-sink bathrooms. The original allure remains intact, with elegant coved ceilings in the living and dining rooms, updated with new recessed lighting and ornate decorative fireplaces. Formal dining rooms exude sophistication, with intricate crown moldings, coved ceilings, and custom archways. Modernized kitchens feature stainless steel appliances, farmhouse sinks, subway tile backsplashes, and convenient separate laundry areas with stackable washer/dryer hookups. Additional amenities include stunning hardwood floors throughout, central AC and heating, one 1-car garage and one 2-car garage, "2 hour" permitted street parking, and refreshed landscaping. Situated in the sought-after Beverly Grove neighborhood, enjoy proximity to Cedars-Sinai, Restaurant Row, The Grove, Farmers Market, Beverly Center, Museum Row, and La Cienega Park.

Listed by Nancy Ross | BRE #00984074 | Compass
Co-listed by Laura Barton | BRE #01167539 | Compass
Last checked: 3 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 27
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Home details

Lot Sq. Ft
6,050
HOA Dues
$0/mo
Year built
1928
Garage
3 Car
Property Type:
Multi Family
Status
Back Up Offer
MLS#
24371521
City
Los Angeles
County
Los Angeles
Time on Site
29 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,530
  • Total Rent: $3,530
  • Pro Forma/Market Rent: $4,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $4,104
  • Total Rent: $4,104
  • Pro Forma/Market Rent: $4,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19
  • Gross Scheduled Income: --
  • Net Operating Income: $79,012
  • Gross Operating Income: $91,668
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 6500 Drexel Ave

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Property Details for 6500 Drexel Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
Fireplace Information
  • Has Fireplace
  • Decorative, Living Room
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Garage - Two Door, Garage - Single Door, Driveway, Street, Permit Required
Property Information
  • Total # of Units: 2
  • Parcel Number: 5510008025
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of 3rd St and North of Wilshire
View more facts & features

Local Los Angeles Agent

Sale History for 6500 Drexel Ave

Last leased for $4,100 on August 10th, 2022

  • April, 2024

  • Apr 12, 2024

    Date

    Back Up Offer

    CRMLS: 24371521

    $1,849,000

    Price

  • Mar 28, 2024

    Date

    Active

    CRMLS: 24371521

    $1,849,000

    Price

  • August, 2022

  • Aug 10, 2022

    Date

    Leased

    CRMLS: 22172247

    $4,100

    Price

  • Jun 24, 2022

    Date

    Active

    CRMLS: 22172247

    $3,950

    Price

  • Listing provided courtesy of CRMLS

    Classic California 1928 Bungalow abounds with unique features in a beautiful tree lined street. Extra large 2 bedrooms with a completely remodeled bathroom with dual sinks. You will fall in love with the some of the gorgeous original features of this unit, including the coved 10 ft ceilings in the living room (with new recessed lighting) and decorative fireplace. Formal dining room has stunning detailed crown moldings, coved ceilings and custom archways with 9 ft ceilings and hardwood floors throughout the house. The kitchen is beautifully updated with stainless appliances and farmhouse sink and subway tile backsplash, The stackable W/D hookups are in a separate closet area off the kitchen. Great central AC and heating unit will have you living in true comfort. Permitted street parking adds convenience to you and your overnight guests. Located in a prime Beverly Grove neighborhood, you are close to Cedars-Sinai, restaurant row, the Grove, Farmers Market, Beverly Center and museum row. The nearby La Cienega Park offers 17 acres of tennis, baseball and many other amenities and the new master makeover will add a 30,000 sq ft recreation facility with indoor basketball courts and an aquatic center. The new 25,000 sq ft community room will feature art and dance studios and classrooms.

  • March, 2000

  • Mar 22, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 6500 Drexel Ave

Assessed Value (2020): $126,828
Year Land Value Improved Value Assessed Value
2020 $66,328 $60,500 $126,828

Home Value Compared to the Market

This property vs the competition

6500 Drexel Ave is listed 48.04% 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 $749.19 per/sqft which puts the price per square foot 2.95% lower than the median price per square foot for the city of Los Angeles.

About 6500 Drexel Ave

Detailed summary of property

6500 Drexel Ave is a multi family located in Los Angeles, CA 90048 and is currently in escrow to be sold. This multi family property offers 4 bedrooms, 2 bathrooms, roughly 2,468 living square feet, and sits on an approximately 6,050 square foot lot. 6500 Drexel Ave was first listed on ArdentRealEstateGroup.com on March 28, 2024. The homeowner is currently asking $1,849,000. 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 48.04% higher than the median priced home. Local competing homes currently for sale include 454 N Genesee Ave, 843 S Curson Ave and 610 N Spaulding Ave. While the average home in Los Angeles, CA is selling in 97 days, 6500 Drexel Ave has a days on market of 27 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 6500 Drexel Ave 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 6500 Drexel Ave

Public county record property details
Beds
4
Baths
2
Year built
1928
Sq. Ft.
2,468
Lot Size
6,048
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
5510-008-025

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
$2,695,000
Median List Price/Sq.Ft.
$1,041
Median Sold Price
$1,875,000
Median Sold Price/Sq.Ft.
$934
Total Inventory
126
Median Sale to List Price %
101.35%
Avg Days on Market
37
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (14.29%), Other (0%)

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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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