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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
6
beds 5
baths 2832
ft2 · 7586
ft2 lotListing provided courtesy of Listing Broker: Keith Moret, Keller Williams Beach Cities
Source CRMLS;
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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Real estate brokerage licenses
1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
Flyhomes is registered trademark of Flyhomes, Inc.
NMLS Consumer Access
Affiliated Business Arrangement Disclosure