2122 6th Avenue , Los Angeles, CA 90018
Los Angeles, CA 90018
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.
Details
| Mls | 24438411 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1918 |
| Days On Site | 91 |
| Listing Provided By | Marcus & Millichap 310-909-5500 | Sean Rosenzweig |
Features
| Beds | 7 |
|---|---|
| Baths | 6 |
| Sq Feet | 5,220 |
| Storys | 2 |
| Units | 5 |
| Buildings | 2 |
| Zoning | LARD2 |
| Acreage | 0.17 |
Market Activity 90018
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90018 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90018) | |
Price: $1,325,000 low | high Med: $1,049,500 SqFt: 5,220 low | high Med: 1,921 $ / SqFt: $254 low | high Med: $608 On Site: 91 low | high Med: 68.000000 | |
