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6521 W 6Th St Los Angeles, CA 90048

$2,275,000 Sold Price as of 07/21/2020

6 Beds
6 Baths
-- Sq.Ft.

Sold

$2,275,000 Sold Price as of 07/21/2020 Refinance Your Mortgage

Map preview of 6521 W 6Th St, Los Angeles, CA 90048

Property Overview: 6521 W 6Th St Los Angeles, CA has 6 bedrooms, 6 bathrooms, -- living square feet and 6,175 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 6521 West 6th Street, a four-unit apartment building in the charming and highly-desired neighborhood of Beverly Grove. Built in 1926 and situated on a 6,174 SF lot zoned LAR2, the French-Normandy style property is comprised of (1) 2+2, (1) 2+1, (2) 1+1 and an additional non-conforming large studio. Additionally, the well-maintained property features remodeled interiors, a spacious central courtyard, plenty of off-street parking and a private yard for one of the units. Located on a quiet residential block east of Crescent Heights Boulevard, the subject property is adjacent to some of the most popular shopping and dining destinations in Los Angeles including The Grove, Beverly Center, Beverly Hills and West Hollywood. The convenient location of the building affords residents the walkability to a myriad of specialty boutiques and highly-reviewed restaurants. Additionally, the property is located less than half-a-mile from the Wilshire/Fairfax

Listed by Kenny Stevens | BRE #01090251 | Compass

Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft: 6,175
HOA Dues: $0/mo
Year built: 1926
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20596234
City: Los Angeles
County: Los Angeles
Time on Site: 1217 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 2
# of Leased Units: 5

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,620
Total Rent: $2,620
Pro Forma/Market Rent: $3,295

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,585
Total Rent: $2,585
Pro Forma/Market Rent: $3,095

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,450
Total Rent: $2,450
Pro Forma/Market Rent: $2,495

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,350
Total Rent: $2,350
Pro Forma/Market Rent: $2,495

Unit Breakdown 5

# of Units: 1
# of Beds: 0
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,100
Total Rent: $2,100
Pro Forma/Market Rent: $2,195

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 15.49
Gross Scheduled Income: --
Net Operating Income: $90,873
Gross Operating Income: $142,355

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 6521 W 6Th St

Interior Features

Cooling Information

Has Cooling
Central Air

Heating Information

Has Heating
Central

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Parking Space

Property Information

No View
View: None
Total # of Units: 4
Parcel Number: 5510021017

Location / Neighborhood

Location Information

Directions: Heading west on 6th Street, the property is located on the right-side just before S. Sweetzer Avenue.

View more facts & features

Local Los Angeles Agent

Sale History for 6521 W 6Th St

Last sold for $2,275,000 on July 21st, 2020

July, 2020
Jul 21, 2020

Date

Sold

CRMLS: 20596234

$2,275,000

Price
Jun 30, 2020

Date

Pending

CRMLS: 20596234

$2,275,000

Price
Jun 26, 2020

Date

Active

CRMLS: 20596234

$2,275,000

Price
July, 2020
Jul 20, 2020

Date

Sold (Public Records)

Public Records

$2,275,000

Price
November, 2006
Nov 22, 2006

Date

Sold (Public Records)

Public Records

$1,400,000

Price

Tax History for 6521 W 6Th St

Assessed Value (2020): $1,715,085

Year	Land Value	Improved Value	Assessed Value
2020	$1,225,063	$490,022	$1,715,085

Home Value Compared to the Market

This property vs the competition

6521 W 6Th St sold on July 21, 2020 for 91.18% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 6521 W 6Th St

Detailed summary of property

6521 W 6Th St is a multi family that recently sold in Los Angeles, CA 90048. This multi family property offered 6 bedrooms, 6 bathrooms, roughly -- living square feet, and sits on an approximately 6,175 square foot lot. 6521 W 6Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,275,000. 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 91.18% higher than the current median priced home. Local homes that are currently for sale include 440 N Harper Ave, 806 Alandele Ave and 812 Alandele Ave. While the average home in Los Angeles, CA is selling in 94 days, 6521 W 6Th St has a days on market of 3 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 6521 W 6Th 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 6521 W 6Th St

Public county record property details

Beds: 7
Baths: 6
Year built: 1926
Sq. Ft.: 3,855
Lot Size: 6,174
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 16
APN: 5510-021-017

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

$2,550,000

Median List Price/Sq.Ft.

$1,070

Median Sold Price

$2,275,000

Median Sold Price/Sq.Ft.

$989

Total Inventory

128

Median Sale to List Price %

91.18%

Avg Days on Market

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.