2015 6th Avenue

Los Angeles, CA 90018

$1,175,000
Price
6
Beds
6
Baths
3,720 Sq. Ft.
$316 / Sq. Ft.
3,720
Sq. Ft.
$316
per Sq. Ft.

Description

Introducing 2015-2017 6th Avenue, a well maintained quadruplex property with substantial value-add potential. Situated strategically in close proximity to major thoroughfares and the 10-freeway, this property offers seamless accessibility to both Culver City and Downtown Los Angeles. The unit configuration comprises two generously sized 2-bedroom & 2-bathroom residences, complemented by two 1-bedroom & 1-bathroom units. Notably, the two smaller units are thoughtfully positioned above two 2-car garages,...Introducing 2015-2017 6th Avenue, a well maintained quadruplex property with substantial value-add potential. Situated strategically in close proximity to major thoroughfares and the 10-freeway, this property offers seamless accessibility to both Culver City and Downtown Los Angeles. The unit configuration comprises two generously sized 2-bedroom & 2-bathroom residences, complemented by two 1-bedroom & 1-bathroom units. Notably, the two smaller units are thoughtfully positioned above two 2-car garages, presenting an exceptional opportunity for the incorporation of Accessory Dwelling Units (ADUs). This advantageous feature not only augments the property's income potential but also aligns with current real estate trends. This quadruplex epitomizes a prime investment prospect, combining an appealing unit mix, a strategic location, and the potential for additional income streams through ADU expansion. Discerning investors aiming to capitalize on the dynamic real estate market of Southern California will find this offering both compelling and strategically poised for growth.
  1. Listed by Nancy Sanborn • DRE #00771096 • Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert
  2. Listed by Brian Joy • DRE #01324371 • Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert

Property Details for 2015 6th Avenue

Zoning
LARD2
Style
Traditional
Parcel Number
5060022019
Total Units
4.0
Living Area
3720
Source Living Area
Assessor
Area
Mid Los Angeles (C16)
Vacancy Rate
0

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, Nancy Sanborn, DRE #00771096; Berkshire Hathaway HomeServices California Propert, Brian Joy, DRE #01324371
Add your commute
LISTING UPDATED: 04/26/2024 01:27 PM

Property Details for 2015 6th Avenue

StatusActive
MLS #24-352744
Days on Market94
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.17 AC / 7,495 SF
CountyLos Angeles County

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, Nancy Sanborn, DRE #00771096; Berkshire Hathaway HomeServices California Propert, Brian Joy, DRE #01324371
Add your commute

Building Information for 2015 6th Avenue

Stories2Residences-Year Built1948Building Size-Lot Size0.17 AC / 7,495 SF

Payment Calculator

$7,470 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,412

Property Taxes

$1,058

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2015 6th Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Quadruplex
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $67,872
  • Net Operating Income: $53,141.00
  • Gross Income: $67,872
  • Cap Rate: 4.10%
  • Gross Rent Multiplier: $19.08
  • Actual Annual Gross Rent: $67,872.00
  • Owner Pays: Water
  • Total Annual Expense: 14731
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1721
  • Lot Size Square Feet: 7495
Parking Details
Parking Details
  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Attached, Garage Is Detached, Driveway Gate
  • Total Parking: 7
  • Parking Features: Driveway, Garage - Two Door
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Mixed
  • Equipment: Other
  • Common Walls: Attached
  • Laundry: Room, In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-29-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,406.00
  • Unit Actual Rent: $1,406.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,697.00
  • Unit Actual Rent: $1,697.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $850.00
  • Unit Actual Rent: $850.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $239,430.00
  • Assessed Improvement Percent: 48.86
  • Assessed Land Value: $250,568.00
  • Assessed Land Percent: 51.14
  • Assessed Total Value: $489,998.00

Property History for 2015 6th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2015 6th Avenue

Taxable ValueLand$606,900Additions$397,800Total$1,004,700
Tax Record2023$12,698 ($1,058 / month)
Home Facts
Total Finished SqFt3,720 SqFtAbove Grade Finished SqFt3,720 SqFtLot Size7,495 SqFtStyleQuadraplexYear Built1948ZoningLARD2CountyLOS ANGELESAPN5060-022-019

Schools near 2015 6th Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Arlington Heights Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

Global Education Academy 2
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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2015 6th Avenue is a multi-family home for sale in Los Angeles, CA 90018. This property was listed for sale on January 29, 2024 by Berkshire Hathaway HomeServices California Propert, it's currently listed at $1,175,000. It has been on the market for a total of 94 days and was last sold on December 8, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Arlington Heights Elementary School, Johnnie Cochran, Jr., Middle School and Los Angeles Senior High School. 2015 6th Avenue is a 6-bed, 6-bath, 3,720 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, Nancy Sanborn, DRE #00771096; Berkshire Hathaway HomeServices California Propert, Brian Joy, DRE #01324371

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.