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$799,000   Price Analysis
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5472 6th Ave
Los Angeles, CA 90043
4 bed 2 bath 1,956 SqFt ($408/SqFt)
5,380SqFt lot. Built 1919
Listed 2024-05-10, Taxes $7,486
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

PRICE ADJUSTMENT - MOTIVATED SELLERS!

An incredible investment opportunity in a PRIME South LA location. This duplex is located in the thriving Park Hills Heights neighborhood. The property features an 1152 sqft, roomy 3 Bedroom, 1 Bath house unit along with a separate 804 sqft 1 Bedroom, 1 Bath unt over a 3-car garage offering versatility and income potential.

Situated in an up-and-coming area with convenient access to the Metro and nearby shopping centers, this is an attractive prospect for tenants and future owners. Long-term Section 8 tenants provide a seamless transition for the new owner. The neighborhood reveals a sense of pride of ownership, creating a welcoming and desira ble residential environment. Close to USC, DTLA, Expo Park, Leimert Park, West Adams and Jefferson Park, with easy access to the 110 Freeway and Inglewood.


Presented by Nanci Isaacs at
COMPASS.


Property MLS #24-390407 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 2
Full Bathrooms: 2

Cooling Features: Ceiling Fan
Heating Features: Forced Air

Lot Size Acres: 0.1235078
Lot Size Dimensions: 40x135
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5380

Garage Spaces: 3
Garage Description: Garage - 3 Car
Parking Total: 3

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 2
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1, 1 SquareFeet: 3150, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2600

Tenant Pays: Electric, Gas

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.7
Directions: From Crenshaw Blvd travel east on Slauson, and turn left on 6th Ave, the property will be on your right.
Other Expense: 213
Source Property Type: Residential Income
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Owner Pays: Water, Gardener
Parcel Number: 5006-026-020
Postal Code Plus 4: 2640
Zoning: LAR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$122,400 + $489,600
$612,000
$7,486
2021$120,000 + $480,000
$600,000
$7,387
2020$150,125 + $290,647
$440,772
$5,623
2019$147,182 + $284,949
$432,131
$5,408
2018$144,297 + $279,362
$423,659
$5,307
2017$141,468 + $273,885
$415,353
$5,196
2016$138,695 + $268,515
$407,210
$5,064
2015$136,612 + $264,482
$401,094
$4,992
2014$133,936 + $259,302
$393,238
$5,021
2013$89,200 + $170,800
$260,000
$3,406
2012$94,000 + $180,000
$274,000
$3,693
2010$94,000 + $180,000
$274,000
$3,721
2009$127,500 + $246,840
$374,340
$4,799
2009$94,000 + $180,000
$274,000
$4,799
2008$125,000 + $435,000
$560,000
$6,893
2007$153,000 + $459,000
$612,000
$7,324

Price Changed 2024-06-04
$799,000
TheMLSCLAW
Listed 2024-05-10
$849,000
TheMLSCLAW
Sold 2020-10-23
$600,000
TheMLSCLAW
Listing removed 2020-03-24
$0
TheMLSCLAW
Listed 2020-03-23
$595,000
TheMLSCLAW
Listed 2019-12-03
$575,000
TheMLSCLAW
Listing removed 2019-06-10
$0
TheMLSCLAW
Price Changed 2019-05-15
$585,000
TheMLSCLAW
Relisted 2019-04-13
$589,000
TheMLSCLAW
Listing removed 2019-04-12
$0
TheMLSCLAW
Listed 2019-03-08
$589,000
TheMLSCLAW
Listing removed 2008-06-22
$425,000
ITECH
Sold 2008-05-13
$367,500
Public Record
Listed 2007-10-25
$425,000
ITECH
Sold 2007-03-20
$670,000
SoCalMLS
Listed 2006-12-08
$670,000
SoCalMLS
Sold 2006-06-26
$600,000
Public Record
Sold 1999-08-27
$158,000
Public Record
Sold 1975-08-08
$28,500
Public Record

Net Operating Income: 27361

Total Square Feet Living: 1956
Year Built: 1919
Common Walls: Detached/No Common Walls
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 105
Levels or Stories: 1
Building Total Stories: 1
House Style: Bungalow
Year Built Source: Vendor Enhanced
Architectural Style: Bungalow

Angeles Mesa Elementary School is a public elementary school located approximately 0.3 miles away.
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Crenshaw Science, Technology, Engineering, Math And Medicine Magnet is a public high school located approximately 0.4 miles away.
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Audubon Middle School is a public middle school located approximately 1.3 miles away.
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Marcus Garvey Elementary And Preschool is a private elementary and middle school located approximately 0.2 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.