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6524 S Central Ave, Los Angeles, CA 90001
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6524 S Central Ave Los Angeles, CA 90001

$888,888
  • -- Beds
  • -- Baths
  • 4,000 Sq.Ft.
For Sale
$888,888 Get Pre-Qualified
Map preview of 6524 S Central Ave, Los Angeles, CA 90001

Property Overview: 6524 S Central Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 4,000 living square feet and 4,043 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: ***DO NOT GO DIRECT, DO NOT DISTURB TENANTS*** Welcome to 6524 S Central, a value add deal in the up and coming community of Florence - Firestone. This property has a total of 11 existing units (9 upstairs and 2 downstairs). According to Planning department this small lot has very high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services. Florence - Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer's agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller.

Listed by Andy Aguilar | BRE #01909871 | American Real Estate Experts
Last checked: 11 minutes ago | Last updated: February 2nd, 2024 | Source CRMLS | DOM: 249
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Home details

Lot Sq. Ft
4,043
HOA Dues
$0/mo
Year built
1936
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
SR23150340
City
Los Angeles
County
Los Angeles
Time on Site
270 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 11
  • Total # of Buildings: 1
  • # of Leased Units: 11
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 6524 S Central Ave

Interior Features
Laundry Information
  • Common Area, Individual Room, Inside
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 11
  • Parcel Number: 6010003005
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: On corner of South Central Ave and East 66th St. Use Navigation/GPS/Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 6524 S Central Ave

Last sold for $545,000 on February 4th, 2020

  • August, 2023

  • Aug 12, 2023

    Date

    Active

    CRMLS: SR23150340

    $888,888

    Price

  • February, 2020

  • Feb 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $545,000

    Price

  • November, 2015

  • Nov 25, 2015

    Date

    Sold (Public Records)

    Public Records

    $443,000

    Price

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Tax History for 6524 S Central Ave

Assessed Value (2020): $479,516
Year Land Value Improved Value Assessed Value
2020 $189,425 $290,091 $479,516

Home Value Compared to the Market

This property vs the competition

6524 S Central Ave is listed 28.03% lower than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $222.22 per/sqft which puts the price per square foot 71.29% lower than the median price per square foot for the city of Los Angeles.

About 6524 S Central Ave

Detailed summary of property

6524 S Central Ave is a mixed use located in Los Angeles, CA 90001 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 4,000 living square feet, and sits on an approximately 4,043 square foot lot. 6524 S Central Ave was first listed on ArdentRealEstateGroup.com on August 12, 2023. The homeowner is currently asking $888,888. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 28.03% lower than the median priced home. Local competing homes currently for sale include 8820 S Broadway, 1331 W Florence Ave and 11111 Wilmington Ave. While the average home in Los Angeles, CA is selling in 94 days, 6524 S Central Ave has a days on market of 249 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 6524 S Central Ave Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6524 S Central Ave

Public county record property details
Beds
--
Baths
--
Year built
1936
Sq. Ft.
4,000
Lot Size
4,042
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
31
APN
6010-003-005

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$589,999
Median List Price/Sq.Ft.
$540
Median Sold Price
$575,000
Median Sold Price/Sq.Ft.
$506
Total Inventory
31
Median Sale to List Price %
100%
Avg Days on Market
49
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (14.29%)

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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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