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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 1,400,000

Est. payment -/mo

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Active

2122 6th AVE Los Angeles, CA 90018

7 Beds

6 Baths

5,220 SqFt

UPDATED:

09/30/2024 06:05 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,220 sqft

Price per Sqft $268

MLS Listing ID 24438411

Bedrooms 7

HOA Y/N No

Year Built 1918

Lot Size 7,509 Sqft

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 C16 - Mid Los Angeles

Zoning LARD2

Interior

Fireplace No

Exterior

Garage Garage, Uncovered

Parking Type Garage, Uncovered

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5060024020

Special Listing Condition Standard

Listed by Sean Rosenzweig • Marcus & Millichap

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

2122 6th AVE Los Angeles, CA 90018

Key Details

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Interior

Exterior

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2122 6th AVE