6829 Makee Ave, Los Angeles, CA 90001
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6829 Makee Ave Los Angeles, CA 90001

$730,000 Sold Price as of 05/17/2019
  • 6 Beds
  • 6 Baths
  • 2,453 Sq.Ft.
Sold
$730,000 Sold Price as of 05/17/2019 Refinance Your Mortgage

Map preview of 6829 Makee Ave, Los Angeles, CA 90001

Property Overview: 6829 Makee Ave Los Angeles, CA has 6 bedrooms, 6 bathrooms, 2,453 living square feet and 7,485 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention Investors and Developers! Rare opportunity!!!! The subject property is a six-unit apartment complex built in 1948 and located between E.Gage Ave and Florence Ave a submarket of Los Angeles. This fully-occupied property boasts 6, 1 bedroom, 1 bathroom units. 2 Buildings one has 4 units and one has 2 units. Each well maintained unit is individually metered for gas and electricity. The 6-Unit buildings spans 2,453 square feet and is situated on a 7,485 square foot lot. This property is a great value with excellent market appreciation in a rapidly developing neighborhood. Lots of Schools located in walking distance from property. Located close to the 110 Fwy. Also close proximity to Downtown Los Angeles and USC. Investors take a look rents can be brought up to market value. Area is not in the “Rent Control” zoning.

Listed by Jose Salguero | BRE #01886636 | Century 21 Peak
Co-listed by Carlos Salguero | BRE #01083698 | Century 21 Peak
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 84

Home details

Lot Sq. Ft
7,485
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
DW19013295
City
Los Angeles
County
Los Angeles
Time on Site
1217 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 3
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 6
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $725
  • Total Rent: $725
  • Pro Forma/Market Rent: $725
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 6829 Makee Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Carpet, Tile
Exterior Features
Exterior Information
  • Roof: Rolled/Hot Mop, Shingle
  • Has Fence
  • Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 6010035018
  • Year Built Source: Public Records
  • Foundation Details: Combination, Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off Florence Ave
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Suburban
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Sale History for 6829 Makee Ave

Last sold for $730,000 on May 17th, 2019
  • May, 2019

  • May 18, 2019

    Date

    Sold

    CRMLS: DW19013295

    $730,000

    Price

  • Apr 24, 2019

    Date

    Active Under Contract

    CRMLS: DW19013295

    $739,900

    Price

  • Mar 25, 2019

    Date

    Price Change

    CRMLS: DW19013295

    $739,900

    Price

  • Feb 19, 2019

    Date

    Price Change

    CRMLS: DW19013295

    $749,900

    Price

  • Jan 17, 2019

    Date

    Active

    CRMLS: DW19013295

    $769,900

    Price

  • May, 2019

  • May 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $730,000

    Price

  • November, 2007

  • Nov 16, 2007

    Date

    Sold (Public Records)

    Public Records

    $530,000

    Price

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Tax History for 6829 Makee Ave

Assessed Value (2020): $745,060
Year Land Value Improved Value Assessed Value
2020 $367,200 $377,860 $745,060

Home Value Compared to the Market

This property vs the competition

6829 Makee Ave sold on May 17, 2019 for 37.82% lower 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 $301.63 per/sqft which puts the price per square foot 60.05% lower than the current median sale per square foot for the city of Los Angeles.

About 6829 Makee Ave

Detailed summary of property

6829 Makee Ave is a mixed use that recently sold in Los Angeles, CA 90001. This mixed use property offered 6 bedrooms, 6 bathrooms, roughly 2,453 living square feet, and sits on an approximately 7,485 square foot lot. 6829 Makee Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $730,000. 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 37.82% lower than the current median priced home. Local homes that are currently for sale include 1607 E 4th St, 300 S Pecan St and 3236 E 5th St. While the average home in Los Angeles, CA is selling in 94 days, 6829 Makee Ave has a days on market of 84 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 6829 Makee 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 6829 Makee Ave

Public county record property details
Beds
6
Baths
6
Year built
1948
Sq. Ft.
2,453
Lot Size
7,484
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
6010-035-018

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
$570,000
Median List Price/Sq.Ft.
$467
Median Sold Price
$575,000
Median Sold Price/Sq.Ft.
$506
Total Inventory
29
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.