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6501 S Vermont Ave, Los Angeles, CA 90044
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6501 S Vermont Ave Los Angeles, CA 90044

$3,100,000 Sold Price as of 08/30/2022
  • 3 Beds
  • 22 Baths
  • 8,734 Sq.Ft.
Sold
$3,100,000 Sold Price as of 08/30/2022 Refinance Your Mortgage
Map preview of 6501 S Vermont Ave, Los Angeles, CA 90044

Property Overview: 6501 S Vermont Ave Los Angeles, CA has 3 bedrooms, 22 bathrooms, 8,734 living square feet and 4,053 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Neema Ahadian | BRE #01346750 | Marcus & Millichap
Last checked: 14 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 84

Home details

Lot Sq. Ft
4,053
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22152145
City
Los Angeles
County
Los Angeles
Time on Site
870 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 22
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 19
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,052
  • Total Rent: $19,980
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,173
  • Total Rent: $5,100
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.47%
  • Gross Rent Multiplier: 11.44
  • Gross Scheduled Income: --
  • Net Operating Income: $145,394
  • Gross Operating Income: $269,864
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6501 S Vermont Ave

Interior Features
Heating Information
  • Has Heating
  • Natural Gas
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 22
  • Parcel Number: 6014005001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: On Vermont Ave in South Los Angeles just south of W Gage Ave with easy access to the 110 Freeway
View more facts & features

Local Los Angeles Agent

Sale History for 6501 S Vermont Ave

Last sold for $3,100,000 on August 30th, 2022

  • August, 2022

  • Aug 30, 2022

    Date

    Sold

    CRMLS: 22152145

    $3,100,000

    Price

  • Apr 8, 2022

    Date

    Active

    CRMLS: 22152145

    $3,250,000

    Price

  • October, 2021

  • Oct 12, 2021

    Date

    Expired

    CRMLS: 21774110

    $2,695,000

    Price

  • Aug 18, 2021

    Date

    Active

    CRMLS: 21774110

    $2,695,000

    Price

  • Listing provided courtesy of CRMLS

  • June, 2021

  • Jun 11, 2021

    Date

    Active

    CRMLS: 21755736

    $2,695,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2019

  • Aug 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,200,000

    Price

  • October, 2003

  • Oct 2, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 6501 S Vermont Ave

Assessed Value (2020): $2,200,000
Year Land Value Improved Value Assessed Value
2020 $1,000,000 $1,200,000 $2,200,000

Home Value Compared to the Market

This property vs the competition

6501 S Vermont Ave sold on August 30, 2022 for 190.18% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $372.11 per/sqft which puts the price per square foot 48.6% lower than the current median sale per square foot for the city of Los Angeles.

About 6501 S Vermont Ave

Detailed summary of property

6501 S Vermont Ave is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 3 bedrooms, 22 bathrooms, roughly 8,734 living square feet, and sits on an approximately 4,053 square foot lot. 6501 S Vermont Ave was first listed on ArdentRealEstateGroup.com on May 2, 2022. The homeowner sold the property for $3,100,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 190.18% higher than the current median priced home. Local homes that are currently for sale include 10961 S Figueroa St, 130 E 29th St and 1501 Firestone Blvd. While the average home in Los Angeles, CA is selling in 106 days, 6501 S Vermont Ave has a days on market of 84 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 6501 S Vermont Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6501 S Vermont Ave

Public county record property details
Beds
20
Baths
20
Year built
1928
Sq. Ft.
8,734
Lot Size
4,053
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
6014-005-001

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$513
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
87
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 6501 S Vermont Ave

6425 S Vermont Ave, Los Angeles, CA 90044
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6413 S Vermont Ave, Los Angeles, CA 90044
$455,000 Last Sold Price
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943 W 65th St, Los Angeles, CA 90044
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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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