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6622 W 86Th Pl, Los Angeles, CA 90045
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6622 W 86Th Pl Los Angeles, CA 90045

$2,905,000 Sold Price as of 09/30/2022
  • 12 Beds
  • 12 Baths
  • 6,727 Sq.Ft.
Sold
$2,905,000 Sold Price as of 09/30/2022 Refinance Your Mortgage
Map preview of 6622 W 86Th Pl, Los Angeles, CA 90045

Property Overview: 6622 W 86Th Pl Los Angeles, CA has 12 bedrooms, 12 bathrooms, 6,727 living square feet and 6,107 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity. Six apartments, three single level 2 bedroom 2 bath with a fireplace. Spacious with nice floorplan. Three units are townhouse style with 2 bedrooms, 2 bathrooms with a loft, fireplace and outside terrace. Six tandem parking spaces behind gates. This building is on the market for the first time in over 30 years.

Listed by Jim Shogren | BRE #01251977 | Rodeo Realty Inc.
Co-listed by Carol Shogren | BRE #01292174 | Rodeo Realty Inc.
Last checked: 8 minutes ago | Last updated: October 18th, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,107
HOA Dues
$0/mo
Year built
1988
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22187145
City
Los Angeles
County
Los Angeles
Time on Site
629 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,330
  • Total Rent: $2,330
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,985
  • Total Rent: $2,985
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,385
  • Total Rent: $2,385
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,835
  • Total Rent: $1,835
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,895
  • Total Rent: $2,895
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.1%
  • Gross Rent Multiplier: 15.55
  • Gross Scheduled Income: --
  • Net Operating Income: $140,456
  • Gross Operating Income: $176,760
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6622 W 86Th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Community, Individual Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Assigned, Auto Driveway Gate, Controlled Entrance, Covered, Concrete, Gated, Tandem Garage
Property Information
  • Has View
  • Total # of Units: 6
  • Parcel Number: 4122015005
  • Architectural Style: Cape Cod
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: Manchester Avenue, South on Emerson Avenue, West on 86th PL.
View more facts & features

Local Los Angeles Agent

Sale History for 6622 W 86Th Pl

Last sold for $2,905,000 on September 30th, 2022

  • September, 2022

  • Sep 30, 2022

    Date

    Sold

    CRMLS: 22187145

    $2,905,000

    Price

  • Aug 6, 2022

    Date

    Active

    CRMLS: 22187145

    $2,749,000

    Price

Tax History for 6622 W 86Th Pl

Assessed Value (2020): $1,684,924
Year Land Value Improved Value Assessed Value
2020 $960,832 $724,092 $1,684,924

Home Value Compared to the Market

This property vs the competition

6622 W 86Th Pl sold on September 30, 2022 for 161.81% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $408.65 per/sqft which puts the price per square foot 44.63% lower than the current median sale per square foot for the city of Los Angeles.

About 6622 W 86Th Pl

Detailed summary of property

6622 W 86Th Pl is a multi family that recently sold in Los Angeles, CA 90045. This multi family property offered 12 bedrooms, 12 bathrooms, roughly 6,727 living square feet, and sits on an approximately 6,107 square foot lot. 6622 W 86Th Pl was first listed on ArdentRealEstateGroup.com on August 7, 2022. The homeowner sold the property for $2,905,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 161.81% higher than the current median priced home. Local homes that are currently for sale include 3141 S Halm Ave, 2620 S Barrington Ave and 8701 Olin St. While the average home in Los Angeles, CA is selling in 97 days, 6622 W 86Th Pl has a days on market of 11 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 6622 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 6622 W 86Th Pl

Public county record property details
Beds
12
Baths
12
Year built
1988
Sq. Ft.
6,727
Lot Size
6,106
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
4122-015-005

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
$1,650,000
Median List Price/Sq.Ft.
$876
Median Sold Price
$1,340,000
Median Sold Price/Sq.Ft.
$835
Total Inventory
92
Median Sale to List Price %
99.26%
Avg Days on Market
27
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (15.79%), Other (21.05%)

Thinking of Selling?

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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.

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