2122 6th Ave, Los Angeles, CA 90018 – 24-438411 - Chan Wathen

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$1,325,000

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7 BD

6 BA

5,220 SqFt

Price Dropped by $75K

2122 6th Ave Los Angeles, CA 90018

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Chan Wathen

[email protected] +1(702) 461-7869

UPDATED:

11/11/2024 04:32 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,220 sqft

Price per Sqft $253

MLS Listing ID 24-438411

Bedrooms 7

Year Built 1918

Lot Size 7,508 Sqft

Acres 0.1724

Property Description

DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a five-unit apartment community located at 2122-2124 6th Avenue. The subject property is located just south of Washington Boulevard bordering the desirable West Adams neighborhood to the south and the Arlington Heights sub-market to the north. Situated on a 7,508 square foot parcel, the property is comprised of four one-bedroom units and one three-bedroom unit. All units have in-unit washer/dryers & 60% of the unit interiors have been upgraded with new kitchen appliances, granite countertops, re-finished original hardwood floors, bathroom tiles & unit 2124 has central AC. There are five on-site garages, two of which are not leased & one garage is being used as an office/bonus room by one of the tenants for additional income. The office/bonus room and empty storage unit can both potentially be converted into attached ADU's (Accessory Dwelling Unit) Buyer to verify. The continued gentrification of the surrounding area along with a strong value-add component of the deal makes 2122-2124 6th Avenue an excellent investment opportunity poised for long term healthy returns.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Garage, Uncovered

Garage Spaces 6.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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Chan Wathen

REALTOR ® | RE.NV Lic.# S.59111

+1(702) 461-7869

2122 6th Ave Los Angeles, CA 90018

Chan Wathen

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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2122 6th Ave