6509 W 86Th Pl, Los Angeles, CA 90045
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6509 W 86Th Pl Los Angeles, CA 90045

$1,732,550 Sold Price as of 02/17/2022
  • 6 Beds
  • 4 Baths
  • 3,016 Sq.Ft.
Sold
$1,732,550 Sold Price as of 02/17/2022 Refinance Your Mortgage

Map preview of 6509 W 86Th Pl, Los Angeles, CA 90045

Property Overview: 6509 W 86Th Pl Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,016 living square feet and 6,149 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Huge Duplex in Westchester. High price per unit but low price per square foot. Since 2020 the average $/Sq.Ft. for Westchester duplexes is 8% above asking with 13 of 20 sales above $612/Sq.Ft. and as high as $808/Sq.Ft. The units have been completely renovated and fully occupied for over 2 years. Featuring a grand total square footage of 3,016 sq ft, each 3BR/2BA unit is oversized. Both units are currently rented to LMU Students and the 2-car garage is rented separately for storage. Property generates $8,400 per month in income.

Listed by | BRE # | Berkadia
Last checked: 13 minutes ago | Last updated: January 21st, 2023 | Source CRMLS | DOM: 103

Home details

Lot Sq. Ft
6,149
HOA Dues
$0/mo
Year built
1945
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21785670
City
Los Angeles
County
Los Angeles
Time on Site
969 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,050
  • Total Rent: $8,100
  • Pro Forma/Market Rent: $4,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.1
  • Gross Scheduled Income: --
  • Net Operating Income: $64,106
  • Gross Operating Income: $100,800
  • Garage Rental Income: $300
  • Other Income 1: $8,100
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6509 W 86Th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 4122004017
Location / Neighborhood
Location Information
  • Directions: West of Kentwood on 86th Place, South of Manchester.
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Sale History for 6509 W 86Th Pl

Last sold for $1,732,550 on February 17th, 2022
  • January, 2023

  • Jan 21, 2023

    Date

    Expired

    CRMLS: 22219695

    $4,200

    Price

  • Nov 20, 2022

    Date

    Active

    CRMLS: 22219695

    $4,200

    Price

  • Listing provided courtesy of CRMLS

    Beautiful front unit for rent located in the heart of Westchester. The unit features 3 bedrooms and 2 bathrooms. The first floor consists of the kitchen, living/dining room, 1 bedroom, and 1 bathroom. Also, of two closets, one under the stairs and the other adjacent to the bathroom. The second floor introduces you with two bedrooms with a connecting bathroom, and a closet space in the hallway. Each room has its own closet and plenty of window light. Appliances include refrigerator, stove, dishwasher, microwave and washer and dryer. Central heat and air is also included in the unit. Located about 5 mins away from LMU, LAX, and close proximity to multiple store and shops, such as Trader Joe's and CVS. Landlord pays for water on the property. Tenant to pay for all remaining utilities including gas and electricity.

  • September, 2021

  • Sep 20, 2021

    Date

    Active

    CRMLS: 21785670

    $1,825,000

    Price

  • September, 2021

  • Sep 14, 2021

    Date

    Canceled

    CRMLS: 21749228

    $1,825,000

    Price

  • Jun 22, 2021

    Date

    Active

    CRMLS: 21749228

    $1,825,000

    Price

  • Jun 18, 2021

    Date

    Coming Soon

    CRMLS: 21749228

    $1,825,000

    Price

  • Listing provided courtesy of CRMLS

    Delightful Duplex in Westchester! Nestled in the highly desirable rental area of Silicon Beach and situated on a 6,149 sq ft lot, this multi unit investment property offers tenants daily luxury and an array of nearby amenities. Featuring a grand total square footage of 3,016 sq ft, each 3BR/2BA unit is abundantly sized with tons of shimmering natural light, a designer color scheme, a spacious living room, main-level hardwood floors, in-unit laundry, large bedrooms w/soft carpet, full bathrooms with shower/tub combo, one Jack-and-Jill bathroom, premium light fixtures, and a fully equipped modern kitchen w/gas range, French door refrigerator, built-in microwave, stainless-steel appliances, ample white shaker cabinetry w/sleek hardware, contemporary backsplash, and solid surface countertops. Designed with privacy and convenience in mind, each unit has a private entrance and separate utilities. Other features: 2-car garage, long driveway, large backyard, close to beach, LAX, marina, excellent shopping, schools, LMU, tons of tech companies, and restaurants, and so much more! Whether living in one unit and renting the other or opting to rent both, this property is ideal for anyone seeking a positive cash flow opportunity. Call now for your exclusive tour!

  • August, 2020

  • Aug 7, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2019

  • Nov 4, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2019

  • Jan 29, 2019

    Date

    Sold

    CRMLS: 19427360

    $1,210,000

    Price

  • Listing provided courtesy of CRMLS

    SOLD OFF MARKET. Listed for comparable purposes.

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Tax History for 6509 W 86Th Pl

Assessed Value (2020): $1,234,200
Year Land Value Improved Value Assessed Value
2020 $867,000 $367,200 $1,234,200

Home Value Compared to the Market

This property vs the competition

6509 W 86Th Pl sold on February 17, 2022 for 48.74% 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 $586.87 per/sqft which puts the price per square foot 22.27% lower than the current median sale per square foot for the city of Los Angeles.

About 6509 W 86Th Pl

Detailed summary of property

6509 W 86Th Pl is a multi family that recently sold in Los Angeles, CA 90045. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,016 living square feet, and sits on an approximately 6,149 square foot lot. 6509 W 86Th Pl was first listed on ArdentRealEstateGroup.com on September 20, 2021. The homeowner sold the property for $1,732,550. 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 48.74% higher than the current median priced home. Local homes that are currently for sale include 5511 Smiley Dr, 5869 Dauphin Ave and 8664 Cadillac Ave. While the average home in Los Angeles, CA is selling in 94 days, 6509 W 86Th Pl has a days on market of 103 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 6509 W 86Th Pl Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6509 W 86Th Pl

Public county record property details
Beds
6
Baths
4
Year built
1945
Sq. Ft.
3,016
Lot Size
6,149
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12,47
APN
4122-004-017

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,000
Median List Price/Sq.Ft.
$874
Median Sold Price
$1,510,000
Median Sold Price/Sq.Ft.
$880
Total Inventory
98
Median Sale to List Price %
103.78%
Avg Days on Market
37
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (7.14%)

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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.