See all 27 photos
$2,900,000
Est. payment /mo
18 Beds
11 Baths
9,145 SqFt
New
1533 6th AVE Los Angeles, CA 90019
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,145 sqft
Price per Sqft $317
MLS Listing ID 26998855
Bedrooms 18
HOA Y/N No
Year Built 1922
Lot Size 0.499 Acres
Property Description
1533 6th Avenue is a charming 11-unit garden apartment building situated in the Central Arlington Heights Historic District. The beautiful Spanish Colonial Revival architecture is a throwback to old Los Angeles with a touch of Andalusia. Each casita features vaulted barrel ceilings, hardwood flooring, and patios that open into a shared courtyard. The majority of the units have been extensively renovated to include new windows, chef's kitchens with stainless steel appliances, washer/dryer hook-ups, and private yards. The property's diverse unit mix consists of seven 2+1's and four 1+1's. The property consistently generates above market rents while still maintaining opportunity for growth. In addition, there is ample tenant parking, owned communal laundry machines for extra income, and the property is positioned on a massive 21,750 square foot double lot. Superbly located, 1533 6th Avenue provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 85 walk score and is central to major employment, freeways, and points of interest alike. Tenants with children have numerous nearby parks and schools to choose from, including Queen Anne Park, Arlington Heights Elementary, and Johnnie Cochran Middle School. Public transit is easily accessible at the corner bus stop where the line 33 Metro takes riders to Santa Monica, Downtown, and everywhere in-between. 1533 6th Avenue offers investors the opportunity to cash flow, hedge against inflation, leverage tax advantages, and add more value.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Flooring Wood
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator
Laundry Common Area, Laundry Room, Stacked
Exterior
Parking Features Carport, Uncovered
Pool None
Community Features Gated
View Y/N Yes
View City Lights
Total Parking Spaces 9
Private Pool No
Building
Faces East
Story 1
Entry Level One
Sewer Other
Architectural Style Spanish
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5072017007
Security Features Gated Community
Special Listing Condition Standard

Listed by Jordan Peikin Jordan Peikin #02015987
NEARBY SCHOOL & BUSINESS
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