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$888,888   Price Analysis
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6524 S Central Ave
Los Angeles, CA 90001
Unknown bed 44 bath 4,000 SqFt ($222/SqFt)
4,043SqFt lot. Built 1936
Listed 2023-08-16, Taxes $8,318
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

DO NOT GO DIRECT

DO NOT DISTURB TENANTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Welcome to 6524 S Central, a value add deal in the up and coming community of Florence - Firestone. This property has a total of 11 existing units (9 upstairs and 2 d ownstairs). Accordng to Planning department this small lot has high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services.

Florence - Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer's agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller.


Presented by Andy A. Aguilar at
American Real Estate Experts.
Listing Agent Photo

Property MLS #SR23153098 from CRMLS

Full Bathrooms: 44

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.0928145
Lot Size Source: Assessor
Lot Size Square Feet: 4043

View: Neighborhood

Number of Units: 11
Bedrooms in Unit-1: 14
Total Bathrooms in Unit-1: 4

Calculated Total Monthly Association Fees: 0

Rent Control: Yes

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Parcel Number: 6010003005
Postal Code Plus 4: 1642
Zoning: LCM1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$304,017 + $257,641
$561,658
$8,318
2021$298,056 + $252,590
$550,646
$8,211
2020$290,091 + $189,425
$479,516
$7,488
2019$284,403 + $185,711
$470,114
$7,235
2018$278,827 + $182,070
$460,897
$7,114
2017$273,360 + $178,500
$451,860
$6,986
2016$268,000 + $175,000
$443,000
$6,801
2015$260,952 + $127,575
$388,527
$6,148
2014$255,841 + $125,076
$380,917
$6,147
2013$254,685 + $124,511
$379,196
$6,119
2012$249,692 + $122,070
$371,762
$6,145
2010$244,797 + $119,677
$364,474
$5,988
2009$243,546 + $119,066
$362,612
$5,777
2009$242,968 + $118,783
$361,751
$5,777
2008$238,771 + $116,732
$355,503
$5,554
2007$234,090 + $114,444
$348,534
$5,366

Listed 2023-08-16
$888,888
CRMLS
Listed 2023-08-14
$888,888
CRMLS
Sold 2020-02-04
$545,000
Public Record
Sold 2015-11-25
$443,000
CRMLS
Listed 2015-08-05
$458,000
CRMLS
Listing removed 2015-08-03
$458,000
CRMLS
Price Changed 2015-07-17
$458,000
CRMLS
Price Changed 2015-04-22
$498,000
CRMLS
Price Changed 2015-01-06
$518,000
CRMLS
Listed 2014-06-14
$589,000
CRMLS
Sold 2004-07-12
$335,000
ITECH
Listed 2004-03-02
$329,000
ITECH
Sold 2003-06-05
$210,000
Public Record
Sold 2003-06-03
$210,000
Public Record
Listing removed 2002-06-01
$226,000
ITECH
Listing removed 2002-01-01
$284,000
ITECH
Listed 2001-12-02
$226,000
ITECH
Listing removed 2001-11-18
$239,000
ITECH
Listed 2001-05-21
$239,000
ITECH
Listed 1999-04-13
$284,000
ITECH
Listing removed 1998-12-12
$298,999
ITECH
Listed 1998-05-30
$298,999
ITECH
Listing removed 1998-02-18
$309,000
ITECH
Listed 1997-01-30
$309,000
ITECH
Sold 1987-08-27
$109,000
Public Record

Net Operating Income: 2500.00

Total Square Feet Living: 4000
Year Built: 1936
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1st and 2nd Floor
Property Age: 88
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Condominium
Year Built Source: Public Records

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

Thomas A. Edison Middle School is a public middle school located approximately 0.3 miles away.
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Miramonte Elementary School is a public elementary school located approximately 0.4 miles away.
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Academy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 1.7 miles away.
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St. Odilia Elementary School is a private elementary and middle school located approximately 1 miles away.
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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.