$6,950,000 Price Analysis 6812 11th AveLos Angeles, CA 90043 58 bed 43 bath 23,874 SqFt ($291/SqFt) 0.47 acre lot. Built 1964 Listed 2024-06-13, Taxes $50,701 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
26-unit multifamily asset situated in the Hyde Park neighborhood blocks from up and coming Inglewood. Located walking distance to the new Metro K Line. Property has many upgrades including: seismic retrofit, newer roof, solar central water heater, security gates, vinyl windows, new exterior paint and 60 percent of the units have renovated interiors with new kitchens, vinyl flooring and baths.
The property is a solid investment opportunity with remaining upside and value-add potential to increase r ents substantally. This property can also be purchased alongside the property across the street (8-unit) at 6821 11th Avenue. There is also potential to add up to 6 ADUs in the carports and garage area.
Presented by David Berneman at
David Berneman.
Property MLS #24-403751 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $1,793,926 + $2,265,059 $4,058,985 | $50,701 |
2021 | $1,758,751 + $2,220,647 $3,979,398 | $49,977 |
2020 | $1,740,718 + $2,197,877 $3,938,595 | $50,509 |
2019 | $1,706,587 + $2,154,782 $3,861,369 | $48,532 |
2018 | $1,673,125 + $2,112,532 $3,785,657 | $48,077 |
2017 | $1,640,319 + $2,071,110 $3,711,429 | $47,024 |
2016 | $1,608,156 + $2,030,500 $3,638,656 | $45,754 |
2015 | $750,000 + $1,800,000 $2,550,000 | $32,784 |
2014 | $880,000 + $1,320,000 $2,200,000 | $29,218 |
2013 | $780,300 + $1,820,700 $2,601,000 | $34,244 |
2012 | $765,000 + $1,785,000 $2,550,000 | $34,701 |
2010 | $750,000 + $1,750,000 $2,500,000 | $48,696 |
2009 | $1,872,720 + $1,768,680 $3,641,400 | $46,934 |
2009 | $1,868,281 + $1,764,488 $3,632,769 | $46,934 |
2008 | $1,836,000 + $1,734,000 $3,570,000 | $44,971 |
2007 | $1,800,000 + $1,700,000 $3,500,000 | $43,903 |
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.