6401 Converse Avenue

Los Angeles, CA 90001

$1,195,000
Price
8
Beds
5
Baths
3,224 Sq. Ft.
$371 / Sq. Ft.
3,224
Sq. Ft.
$371
per Sq. Ft.

Description

Here we have a nice 5 units, consisting of 3 - 2bed 1 bath units & 2 - 1 bed 1 bath units on a huge double lot of 14,290 sqft. 4 units are on the left side of the lot with 4 one car garages in the rear of the lot with alley access. Two front units are of 2 bed and the rear units are 1 bed. The unit to the right is the larger 2 bed unit and has sits on its own lot separated by a fence. All with separate gas & electric meters. All units are occuppied. This property has lots of potential with the double...Here we have a nice 5 units, consisting of 3 - 2bed 1 bath units & 2 - 1 bed 1 bath units on a huge double lot of 14,290 sqft. 4 units are on the left side of the lot with 4 one car garages in the rear of the lot with alley access. Two front units are of 2 bed and the rear units are 1 bed. The unit to the right is the larger 2 bed unit and has sits on its own lot separated by a fence. All with separate gas & electric meters. All units are occuppied. This property has lots of potential with the double lot and rents have upside. Please do not disturb teants. Interior pictures of all the units in supplements.
  1. Listed by Louie Olvera • DRE #01024643 • Brokerage DRE #01812614 • Homequest Real Estate • louieo@teamolvera.com

Property Details for 6401 Converse Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3224
Assessor Parcel Number
6010-030-022
Property Attached YN
true

Location

Listing Courtesy of Homequest Real Estate, Louie Olvera, DRE #01024643
Add your commute
LISTING UPDATED: 04/26/2024 02:01 AM

Property Details for 6401 Converse Avenue

StatusActive
MLS #PW24074864
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
CountyLos Angeles County

Location

Listing Courtesy of Homequest Real Estate, Louie Olvera, DRE #01024643
Add your commute

Building Information for 6401 Converse Avenue

Building/Complex6401 Converse AveFloor-Stories1Residences-Pet Policy-Year Built1924Building Size-

Payment Calculator

$7,756 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,522

Property Taxes

$1,234

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6401 Converse Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $55,200
  • Gross Operating Income: $55,200
  • Net Operating Income: $26,984
  • Cap Rate: 4.5
Expense Details
  • Operating Expense: $28,216
  • New Taxes Expense: $14,937
  • Insurance Expense: $2,000
  • Maintenance Expense: $9,325
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $1,954
  • Total Expenses: $28,216
Tax / Assessment Info
  • Tax Block: C
  • Tax Tract Number: 5330
  • Tax Census Tract: 5330.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 14
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Entry Location: lower
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer, Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $1,150
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,050
  • Unit Type Total Rent: $1,050
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 6401 Converse 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 6401 Converse Avenue

Taxable ValueLand$182,155Additions$223,645Total$405,800
Tax Record2023$14,809 ($1,234 / month)
Home Facts
Total Finished SqFt3,224 SqFtAbove Grade Finished SqFt3,224 SqFtLot Size14,286 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningLCR3YYCountyLOS ANGELESAPN6010-030-022

Schools near 6401 Converse Avenue

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

Alliance Kory Hunter Middle
Charter6 to 8

Aspire Titan Academy
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.

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6401 Converse Avenue is a multi-family home for sale in Los Angeles, CA 90001. This property was listed for sale on April 15, 2024 by Homequest Real Estate, it's currently listed at $1,195,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Miramonte Elementary School, Alliance Kory Hunter Middle and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 6401 Converse Avenue is a 8-bed, 5-bath, 3,224 sqft multi-family home built in 1924.

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 Homequest Real Estate, Louie Olvera, DRE #01024643

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.