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5472 6th Ave, Los Angeles, CA 90043
$849,000
5472 6th Ave, Los Angeles, CA 90043View this property at 5472 6th Ave, Los Angeles, CA 90043
5472 6th AveLos AngelesCA90043
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Property Description
FANTASTIC INVESTMENT OPPORTUNITY Prime South LA Location | PARK HILLS HEIGHTS An incredible investment opportunity awaits with this duplex, ideally located in the thriving Park Hills Heights neighborhood. This property features an 1152 sqft, spacious 3 Bedroom, 1 Bath house unit along with a separate 804 sqft 1 Bedroom, 1 Bath unit over a 3-car garage offering versatility and income potential. Situated in an up-and-coming area with convenient access to the Metro and nearby shopping centers, this is an attractive prospect for both tenants and future owners. Long-term Section 8 tenants provide a seamless transition for the new owner. The neighborhood reveals a sense of pride of ownership, creating a welcoming and desirable residential environment. Close to USC, DTLA, Expo Park, Leimert Park, West Adams, and Jefferson Park, with easy access to the 110 Freeway and Inglewood, this property offers unmatched convenience and accessibility. The front unit holds great potential for an owner-occupant seeking to offset their mortgage with rental income, making it an ideal scenario for various buyers. In addition to its prime location and income potential, this property benefits from the possible development of a charter school just one block away. This exciting prospect adds further value and appeal to the area, enhancing the overall desirability of the neighborhood for potential tenants and future property values. For astute investors seeking to expand their real estate portfolio or individuals looking to explore new income opportunities, this duplex presents a solid foundation for success. Don't miss out on this rare find in a prime location, offering the perfect combination of location, income potential, and future growth.
Full Property Details
Full Property Details for 5472 6th Ave
General
- Price: $849,000
- Status: Active
- Type: Multi-Family
- MLS ID: 24-390407
- Updated: 5/29/2024
- Added to Site: 24 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: None
Parking
- Garage Description: Garage - 3 Car
Location
- Area: Park Hills Heights
- County: Los Angeles
- Driving Directions: From Crenshaw Blvd travel east on Slauson, and turn left on 6th Ave, the property will be on your right.
Heating & Cooling
- Cooling Type: Ceiling Fan
- Heating Type: Forced Air
Structural Information
- # Buildings: 2
- Architectural Style: Bungalow
- Common Walls: Detached/No Common Walls
- Stories/Levels: 1
- Square Feet: 1,956
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1919
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1235
- Lot Size: 5380
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 40 x 135
- Zoning: LAR1
Financial Considerations
- Price Per Sq. Ft.: $434.05
- Insurance Fee: $2,184
- Assessment Year: 1919
- Owner Pays: Water, Gardener
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5006-026-020
Listed by Compass, Nanci Isaacs
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Schools
Schools serving 5472 6th Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2611 W 52nd St, Los Angeles, CA 90043 | K-5 | 0.3 mi | |
4120 11th Ave, Los Angeles, CA 90008 | 6-8 | 1.3 mi | |
5010 11th Ave, Los Angeles, CA 90043 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5472 6th Ave
Date
Details
Price
Change
Source
5/10/2024
Listed
$849,000
41.5%
MLS
10/13/2020
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5472 6th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,842
5%
$624,240
2%
2022
$7,487
1%
$612,000
2%
2021
$7,387
31%
$600,000
36%
2020
$5,623
4%
$440,772
2%
2019
$5,408
2%
$432,131
2%
2018
$5,308
2%
$423,659
2%
2017
$5,196
3%
$415,353
2%
2016
$5,065
1%
$407,210
2%
2015
$4,992
-1%
$401,094
2%
2014
$5,021
47%
$393,238
51%
2013
$3,406
—
$260,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5472 6th Ave
5472 6th Ave, Los Angeles, CA 90043 (MLS# 24-390407) is a Multi-Family property with units containing 4 bedrooms and 0 full bathrooms. 5472 6th Ave is currently listed for $849,000 and was received on May 10, 2024. Want to learn more about 5472 6th Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.