2850 East 6th Street

Los Angeles, CA 90023

$850,000
Price
6
Beds
4
Baths
2,893 Sq. Ft.
$294 / Sq. Ft.
2,893
Sq. Ft.
$294
per Sq. Ft.

Description

Well-maintained Boyle Heights Duplex with potential for growth, conveniently located just 2.5 miles from Downtown LA! This property comprises two separate houses on one lot, each with its own water, electric, and gas meters. Long-term MTM tenants are currently in place. Both units offer private yards, and with nearly 3,000 sqft of total living space, this property presents excellent value per square foot on a large 5,000 sq ft lot. Each unit includes 3 bedrooms, and rear unit has a 2-car garage....Well-maintained Boyle Heights Duplex with potential for growth, conveniently located just 2.5 miles from Downtown LA! This property comprises two separate houses on one lot, each with its own water, electric, and gas meters. Long-term MTM tenants are currently in place. Both units offer private yards, and with nearly 3,000 sqft of total living space, this property presents excellent value per square foot on a large 5,000 sq ft lot. Each unit includes 3 bedrooms, and rear unit has a 2-car garage. A few minor enhancements could significantly boost cash flow, making this an enticing investment opportunity.

Property Details for 2850 East 6th Street

Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2893
Assessor Parcel Number
5185-021-025

Location

Listing Courtesy of Marshall Reddick Real Estate, Christopher Carlson, DRE #02202656
Add your commute
LISTING UPDATED: 05/09/2024 11:37 AM

Property Details for 2850 East 6th Street

StatusActive
MLS #OC24091636
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.12 AC / 5,314 SF
CountyLos Angeles County

Location

Listing Courtesy of Marshall Reddick Real Estate, Christopher Carlson, DRE #02202656
Add your commute

Building Information for 2850 East 6th Street

Stories2Residences-Year Built1926Building Size-Lot Size0.12 AC / 5,314 SF

Payment Calculator

$4,953 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$314

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2850 East 6th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $36,660
  • Gross Scheduled Income: $36,660
  • Net Operating Income: $28,393
Expense Details
  • Operating Expense: $12,770
  • Operating Expense Percent: 35.00%
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,500
  • Trash Expense: $2,000
  • Water Sewer Expense: $0
  • Total Expenses: $4,500
Tax / Assessment Info
  • Tax Tract Number: 204...
  • CFD/Mello-Roos Fee: $3,767
  • Tax Lot: 18
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Cooling: None
Exterior Features
  • Roof: Asphalt
  • Entry Location: 2850
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage - 2 Car
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage - Two Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,820
  • Unit Type Total Rent: $1,820
  • Unit Type Pro Forma: 1820
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,235
  • Unit Type Total Rent: $1,235
  • Unit Type Pro Forma: 1235
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 2850 East 6th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2850 East 6th Street

Taxable ValueLand$104,057Additions$169,327Total$273,384
Tax Record2023$3,768 ($314 / month)
Home Facts
Total Finished SqFt2,893 SqFtAbove Grade Finished SqFt2,893 SqFtLot Size5,314 SqFtStyleTriplexYear Built1926ZoningLAR2CountyLOS ANGELESAPN5185-021-025

Schools near 2850 East 6th Street

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
Public - 9 to 12
Rating
School
Distance
Euclid Avenue Elementary School
PublicK to 5

Hollenbeck Middle School
Public6 to 8

Felicitas And Gonzalo Mendez High
Public9 to 12

Theodore Roosevelt Senior High
Public9 to 12

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.

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2850 East 6th Street is a multi-family home for sale in Los Angeles, CA 90023. This property was listed for sale on May 7, 2024 by Marshall Reddick Real Estate, it's currently listed at $850,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Euclid Avenue Elementary School, Hollenbeck Middle School and Felicitas And Gonzalo Mendez High. 2850 East 6th Street is a 6-bed, 4-bath, 2,893 sqft multi-family home built in 1926.

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 Marshall Reddick Real Estate, Christopher Carlson, DRE #02202656

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.