$1,550,000 Price Analysis   ♡   Los Angeles, CA 90018 9 bed 5 bath 4,428 SqFt ($350/SqFt) 7,502SqFt lot. Built 1938 Listed 2024-04-11, Taxes $16,031 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to present this 5-unit value-add opportunity located in Arlington Heights.
* Has Contingent Offer *By making cosmetic interior and exterior renovations a savvy investor can achieve significant upside in the rapidly changing 90018 zip code. The current ownership has kept the building in excellent condition and put significant capex into building systems by replacing select electrical panels and water heaters.
Currently, the 3 bedroom unit has a floor furnace and the rear duplex both have wall furnaces. 2110 6th Avenue features unique unit layouts with 10 foot ceilings and big square footages.
Presented by Elliot Hassan at
NorthMarq Realty Services, Inc.
Property MLS #24-378971 from TheMLSCLAW
Full Bathrooms: 5
Heating Features: Wall, Floor Furnace
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7502
Calculated Total Monthly Association Fees: 0
Number of Units: 5
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 3990, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 4590, 3 BedsTotal: 3, 3 BathsTotal: 1, 3 SquareFeet: 3595
County: Los Angeles
Cap Rate: 5.55
Directions: 2110 6th Avenue is located in the quiet residential enclave of Arlington Heights and is seconds away from the 10 Freeway. Thus, providing residents with easy access to some of Los Angeles' largest employment centers in Downtown LA, Culver City and Hollywood.
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Parcel Number: 5060-024-023
Postal Code Plus 4: 1129
Zoning: LARD2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $321,660 + $964,981 $1,286,641 | $16,031 |
| 2021 | $315,353 + $946,060 $1,261,413 | $15,823 |
| 2020 | $312,120 + $936,360 $1,248,480 | $15,977 |
| 2019 | $306,000 + $918,000 $1,224,000 | $15,368 |
| 2018 | $300,000 + $900,000 $1,200,000 | $15,221 |
| 2017 | $226,336 + $184,620 $410,956 | $5,726 |
| 2016 | $221,899 + $181,000 $402,899 | $5,558 |
| 2015 | $218,566 + $178,282 $396,848 | $5,487 |
| 2014 | $214,285 + $174,790 $389,075 | $5,538 |
| 2013 | $213,317 + $174,001 $387,318 | $5,523 |
| 2012 | $209,135 + $170,590 $379,725 | $5,293 |
| 2010 | $205,035 + $167,246 $372,281 | $5,412 |
| 2009 | $203,987 + $166,392 $370,379 | $5,222 |
| 2009 | $203,503 + $165,997 $369,500 | $5,222 |
| 2008 | $199,988 + $163,130 $363,118 | $5,023 |
| 2007 | $196,067 + $159,932 $355,999 | $4,854 |
$1,550,000
TheMLSCLAW
Sold 2017-10-20
$1,200,000
Public Record
Listing removed 2017-10-20
$1,310,000
TheMLSCLAW
Price Changed 2017-08-14
$1,310,000
TheMLSCLAW
Listed 2017-07-18
$1,325,000
TheMLSCLAW
Sold 1996-02-02
$242,000
Public Record
Year Built: 1938
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 86
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Assessor
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.