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2015 6th Avenue

Los Angeles (City), CA 90018
  • $1,175,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: 24352744
Price Reduced
UPDATED: 10 min ago
$1,175,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,720
    SQFT
  • $316
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Listing Agent(s): Nancy Sanborn of Berkshire Hathaway HomeServices California Properties (310-777-7800) and Brian Joy of Berkshire Hathaway HomeServices California Properties(310-777-7800)


Description

Introducing 2015-2017 6th Avenue, a well maintained quadruplex property with substantial value-add potential. Situated strategically in close proximity to major thoroughfares and the 10-freeway, this property offers seamless accessibility to both Culver City and Downtown Los Angeles. The unit configuration comprises two generously sized 2-bedroom & 2-bathroom residences, complemented by two 1-bedroom & 1-bathroom units. Notably, the two smaller units are thoughtfully positioned above two 2-car garages, presenting an exceptional opportunity for the incorporation of Accessory Dwelling Units (ADUs). This advantageous feature not only augments the property's income potential but also aligns with current real estate trends. This quadruplex epitomizes a prime investment prospect, combining an appealing unit mix, a strategic location, and the potential for additional income streams through ADU expansion. Discerning investors aiming to capitalize on the dynamic real estate market of Southern California will find this offering both compelling and strategically poised for growth.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-23T08:29:51.853. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/147049132
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2015 6th Avenue Los Angeles (City), CA 90018

  • Price: $1,175,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 10 min ago
  • ID#: 24352744
6
Beds
0
Baths
0
½ Baths
0.17
Acres
3,720
SQFT
$316
$/SQFT
1948
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
Introducing 2015-2017 6th Avenue, a well maintained quadruplex property with substantial value-add potential. Situated strategically in close proximity to major thoroughfares and the 10-freeway, this property offers seamless accessibility to both Culver City and Downtown Los Angeles. The unit configuration comprises two generously sized 2-bedroom & 2-bathroom residences, complemented by two 1-bedroom & 1-bathroom units. Notably, the two smaller units are thoughtfully positioned above two 2-car garages, presenting an exceptional opportunity for the incorporation of Accessory Dwelling Units (ADUs). This advantageous feature not only augments the property's income potential but also aligns with current real estate trends. This quadruplex epitomizes a prime investment prospect, combining an appealing unit mix, a strategic location, and the potential for additional income streams through ADU expansion. Discerning investors aiming to capitalize on the dynamic real estate market of Southern California will find this offering both compelling and strategically poised for growth.
Exterior Features

Architectural Style Traditional Attached Garage YN Yes Parking Features Door-MultiDrivewayGarage Parking Total 7 Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

Interior Features

Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4.1 Gross Income 67872 Laundry Features Laundry Room Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 53141 New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning LARD2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-23T08:29:51.853. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Nancy Sanborn of Berkshire Hathaway HomeServices California Properties (310-777-7800) and Brian Joy of Berkshire Hathaway HomeServices California Properties(310-777-7800)