6401 Converse Avenue Los Angeles, CA ^$ 1,195,000

6401 Converse Avenue

^$ 1,195,000

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Recently Listed

6401 Converse Avenue

Los Angeles, CA, 90001

^$ 1,195,000

Bedrooms2 Baths1.0 Sq 3,224

Monthly Estimate*

^$ 8,347

Listed by Homequest Real Estate

6401 Converse Avenue, Los Angeles, CA 90001 - Image 1

6401 Converse Avenue, Los Angeles, CA 90001 - Image 2

6401 Converse Avenue, Los Angeles, CA 90001 - Image 3

6401 Converse Avenue, Los Angeles, CA 90001 - Image 4

6401 Converse Avenue, Los Angeles, CA 90001 - Image 5

6401 Converse Avenue, Los Angeles, CA 90001 - Image 6

6401 Converse Avenue, Los Angeles, CA 90001 - Image 7

6401 Converse Avenue, Los Angeles, CA 90001 - Image 8

6401 Converse Avenue, Los Angeles, CA 90001 - Image 9

Multi-Family Home for sale in Los Angeles, CA

for $1,195,000 with 2 bedrooms and 1 full bath. This 3,224 square foot home was built in 1924 on a lot size of 0.3281.

Here we have a nice 5 units, consisting of 3 - 2bed 1 bath units & 2 - 1 bed 1 bath units on a huge double lot of 14,290 sqft. 4 units are on the left side of the lot with 4 one car garages in the rear of the lot with alley access. Two front units are of 2 bed and the rear units are 1 bed. The unit to the right is the larger 2 bed unit and has sits on its own lot separated by a fence. All with separate gas & electric meters. All units are occuppied. This property has lots of potential with the double lot and rents have upside. Please do not disturb teants. Interior pictures of all the units in supplements.

Multi-Family Active

Price

^$ 1,195,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.3281

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24074864

Days on Market

Features

General

Sewer PublicSewer SewerTapPaid

Zoning LCR3YY

Garage Spaces 4.0

Pool Features None

Year Built 1924

Tenant Pays Electricity Gas

Stories 1

Levels One

Property SubType Apartment

Gross Income 0.0

Community Features Curbs StreetLights Sidewalks

County Los Angeles

Net Operating Income 26984.0

Operating Expense 28216.0

Insurance Expense 2000.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency none

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions South of Gage ave & West of Holmes ave

City Los Angeles

Entry Location lower

View Y/N N

Senior Community Y/N N

Total Units 5

MLS Area C37 - Metropolitan South

Lot Size Square Feet 14290.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 5

Street Name Converse

Listing Terms Cash CashtoNewLoan Conventional

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 0.0

Water Sewer Expense 1954.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 10

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 14

Total Actual Rent 4600.0

Property Sub Type Additional Apartment

Taxes 14937.0

Cap Rate 4.5

Exterior

Water Source Public

Total Parking 4.0

Lot Size Area 14290.0

Number of Buildings 4

Spa N

Building Area Total 3224.0

Lot Size Acres 0.3281

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features SeeRemarks

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 6401

* Excluded Features

List By

Homequest Real Estate

Broker

(562) 448-2615

Phone

Affordability Calculator

$8,347

Per Month

Monthly Principal & Interest: $8,347
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,002,074

Percent of Sale Price 68%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2024	$1,195,000		Listed Price

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6401 Converse Avenue, Los Angeles, CA, 90001 is a Multi-Family Home for sale at $1,195,000 with 3,224 sqft and a lot size of 0.3281. 6401 Converse Avenue has 2 bedrooms, 1.0 baths, and was built in 1924. The property's zip code is 90001 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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6401 Converse Avenue

Multi-Family Home for sale in Los Angeles, CA

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