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$850,000   Price Analysis
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2850 E 6th St
Los Angeles, CA 90023
6 bed 4 bath 2,893 SqFt ($293/SqFt)
5,314SqFt lot. Built 1926
Listed 2024-05-07, Taxes $3,605
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Well-maintained Boyle Heights Duplex with potential for growth

Conveniently located 2.5 miles from Downtown LA! This property comprises two separate ho uses on one lot, each with its own water, electric and gas meters. Long-term MTM tenants are currently in place. Both units offr 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.


Presented by Christopher Carlson at
Marshall Reddick Real Estate.


Property MLS #OC24091636 from CRMLS

Bedrooms: 6

Full Bathrooms: 4

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1219927
Lot Size Source: Assessor
Lot Size Square Feet: 5314

Garage Spaces: 2
Parking Features: Parking YN: Yes, Parking Features: Garage - Two Door
Parking Total: 2

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Unit-2 Garage Spaces: 2

Rent Control: Yes

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2500.00
Area: BOYH - Boyle Heights
Source Neighborhood: BOYH - Boyle Heights
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 5185021025
Trash Expense: 2000.00
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$166,007 + $102,017
$268,024
$3,605
2021$162,752 + $100,017
$262,769
$3,547
2020$161,084 + $98,992
$260,076
$3,575
2019$157,926 + $97,051
$254,977
$3,449
2018$154,830 + $95,149
$249,979
$3,348
2017$151,795 + $93,284
$245,079
$3,279
2016$148,819 + $91,455
$240,274
$3,175
2015$146,584 + $90,082
$236,666
$3,133
2014$143,713 + $88,318
$232,031
$3,162
2013$143,064 + $87,919
$230,983
$3,162
2012$140,259 + $86,196
$226,455
$3,204
2010$137,509 + $84,506
$222,015
$3,151
2009$136,807 + $84,075
$220,882
$3,040
2009$136,482 + $83,875
$220,357
$3,040
2008$134,125 + $82,427
$216,552
$2,922
2007$131,496 + $80,811
$212,307
$2,818

Listed 2024-05-07
$850,000
CRMLS
Listing removed 2018-06-18
$675,000
TheMLSCLAW
Listed 2018-04-16
$675,000
TheMLSCLAW

Net Operating Income: 28393.00

Total Square Feet Living: 2893
Year Built: 1926
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 2850
Property Age: 98
Roof: Asphalt
Building Total Stories: 2
Structure Type: Duplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Euclid Avenue Elementary School is a public elementary school located approximately 0.2 miles away.
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Hollenbeck Middle School is a public middle school located approximately 0.4 miles away.
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Our Lady Of Talpa is a private elementary and middle school located approximately 0.2 miles away.
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STEM Academy of Boyle Heights HS is a public high school located approximately 0.3 miles away.
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