4200 6th, Los Angeles, CA 90008
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4200 6th, Los Angeles, CA 90008
4200 6th, Los Angeles, CA 90008
4200 6th, Los Angeles, CA 90008
4200 6th, Los Angeles, CA 90008
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4200 6th Los Angeles, CA 90008

7,596 Sqft Lot


UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS26041961

HOA Y/N No

Year Built 1929

Lot Size 7,596 Sqft

Property Sub-Type Mixed Use

Property Description

Classic 1929 Spanish 6-unit in Leimert Park on a large corner lot with major value-add + ADU upside. Strong unit mix: (4) 2BD/1BA + (2) 1BD/1BA with courtyard charm and on-site parking/garages. ~23% mark-to-market upside through organic rent growth as units turn. Potential to add up to four (4) detached ADUs (Buyer to Verify), increasing income by 87% and a stabilized 8.18% yield on cost. Recent improvements include electrical upgrades, foundation bolting/reinforcement, exterior paint, roof recoat, and two remodeled units (refinished hardwood floors, paint, updated bath/shower, appliances, ceiling fans, mini-splits).

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 8

Private Pool No

Building

Lot Description Corner Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5023028042

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard


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Listed by Andrew McAllister eXp Realty of Greater L.A 925-683-9203, DRE #01946829

NEARBY SCHOOLS & PROPERTIES

Kenneth Lamm

Kenneth Lamm

Advisor | License ID: 01101162

+1(818) 414-5833

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4200 6th