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SOLD 6/3/2022

6021 11th Avenue, Los Angeles, CA 90043$790,000

6
beds
5
baths
2832
ft2
· 7586
ft2 lot
$300 / ft2

Listing provided courtesy of Listing Broker: Keith Moret, Keller Williams Beach Cities
Source CRMLS;
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This 5 unit bungalow style 60's building is a solid winner in the Red -Hot Hyde Park neighborhood. It is literally 2 blocks from the Hyde Park-Crenshaw Expo station which will connect South LA to the airport. The rents are low, but the phenomenal upside of over 70% in rental income make it a bargain at the Low Price of $170 per Door. The TOC Tier 3 status bodes well for the investor with an eye towards development, as one can build 13 units "By Right" (Check with city).

HOA

$0/month

On market

14 days

Year built

1962

Property type

Multi-Family

Parking

5

MLS

22128259

Price / Sq.Ft.

$300 / ft2

Status

Closed

Buyer’s Brokerage Commission

2%

Home details for 6021 11th Avenue

Interior Features & Layout
Appliances
•   
Appliances: Disposal
•   
Has Appliances
Interior Size
•   
Building Area Total: 2832.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned
Building Info
•   
Zoning: LAR3
•   
Stories Total: 1
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 5
Lot Info
•   
Lot Size Acres: 0.1742
•   
Lot Size Area: 7586.0000
•   
Lot Size Units: Square Feet
Exterior Features
•   
Direction Faces: East
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 5
•   
Number Of Separate Gas Meters: 5
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 53614.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Actual Rent: 56436.00
•   
Total Expenses: 28526.00
•   
Gross Multiplier: 15.06
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 56436.00
•   
Tax Year: 2021
•   
Taxes: 4889.52
Lease Info
•   
Net Operating Income: 25088.00
Other
•   
Financial Info As Of: 2021-12-31 00:00:00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 839.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 839.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1025.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 1025.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1071.00
•   
Unit 1 Total Rent: 1071.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1050.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1050.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 1
Multi Unit Information
•   
Number With Refrigerator: 5
•   
# Of Units: 13
•   
Number With Range: 5
Unit 5 Information
•   
Unit 5 Actual Rent: 718.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 718.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 1
School Neighborhood & Directions
School Info
•   
Directions: East of Crenshaw, South of Slauson
Virtual Tour Link
Virtual Tour
Other
Calculation
•   
Dom: 31

Property History for 6021 11th Avenue

06/07/2022
06/07/2022
CRMLS #22128259
sold
CRMLS #22128259
$790,000
--1.25%
06/03/2022
06/03/2022
CRMLS #22128259
sold
CRMLS #22128259
$800,000
--5.88%
03/04/2022
03/04/2022
CRMLS #22128259
pending
CRMLS #22128259
$850,000
02/18/2022
02/18/2022
CRMLS #22128259
active
CRMLS #22128259
$850,000

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