2850 6th Street Los Angeles, CA ^$ 850,000

2850 6th Street

^$ 850,000

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Recently Listed

2850 6th Street

Los Angeles, CA, 90023

^$ 850,000

Bedrooms6 Baths3.1 Sq 2,893

Monthly Estimate*

^$ 5,938

Listed by Marshall Reddick Real Estate

2850 6th Street, Los Angeles, CA 90023 - Image 1

2850 6th Street, Los Angeles, CA 90023 - Image 2

2850 6th Street, Los Angeles, CA 90023 - Image 3

2850 6th Street, Los Angeles, CA 90023 - Image 4

Multi-Family Home for sale in Los Angeles, CA

for $850,000 with 6 bedrooms and 3 full baths, 1 half bath. This 2,893 square foot home was built in 1926 on a lot size of 0.122.

Well-maintained Boyle Heights Duplex with potential for growth, conveniently located just 2.5 miles from Downtown LA! This property comprises two separate houses on one lot, each with its own water, electric, and gas meters. Long-term MTM tenants are currently in place. Both units offer private yards, and with nearly 3,000 sqft of total living space, this property presents excellent value per square foot on a large 5,000 sq ft lot. Each unit includes 3 bedrooms, and rear unit has a 2-car garage. A few minor enhancements could significantly boost cash flow, making this an enticing investment opportunity.

Multi-Family Active

Price

^$ 850,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.122

Year Built

1926

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC24091636

Days on Market

Features

General

Sewer PublicSewer

Cooling None

Possession CloseOfEscrow

Roof Asphalt

Garage Spaces 2.0

Pool Features None

Year Built 1926

Property SubType Duplex

Gross Income 36660.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 28393.0

Operating Expense 12770.0

Insurance Expense 2500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions From 60 FWY Exit Lorena and turn left onto E 6th St.

City Los Angeles

Entry Location 2850

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 5314.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 6th

Listing Terms Cash Conventional Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 2000.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 2

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 18

Property Sub Type Additional Duplex

Exterior

Parking Features DoorMulti Garage

Lot Features Item01UnitAcre

Water Source Public

Total Parking 2.0

Lot Size Area 5314.0

Number of Buildings 2

Spa N

Building Area Total 2893.0

Lot Size Acres 0.122

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2850

* Excluded Features

List By

Marshall Reddick Real Estate

Broker

(949) 885-8180

Phone

Affordability Calculator

$5,938

Per Month

Monthly Principal & Interest: $5,938
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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 ^$1,979,653

Percent of Sale Price 133%

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
5/7/2024	$850,000		Listed Price

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2850 6th Street, Los Angeles, CA, 90023 is a Multi-Family Home for sale at $850,000 with 2,893 sqft and a lot size of 0.122. 2850 6th Street has 6 bedrooms, 3.1 baths, and was built in 1926. The property's zip code is 90023 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 5/19/2024. 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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2850 6th Street

Multi-Family Home for sale in Los Angeles, CA

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