2122 6Th Avenue

Los Angeles, CA 90018

PRICE REDUCED

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-$75,000 (-5.36%)

$1,325,000

List Price

7

bed Beds

6

shower Baths

5,220 sqft

straighten / sqft

1918

calendar_month Built

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.

Listing Information

List Price $1,325,000
Status Active
MLS 24438411
Type Residential Income
Year Built 1918
Lot Size 7,508
Structure Size 5,220
DOM 61
Courtesy Of Marcus & Millichap
Listing Agent Sean Rosenzweig DRE#01406343

Interior Features

Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 6

Exterior Information

Maps

Listing information courtesy of: Sean Rosenzweig, Marcus & Millichap 213-943-1897. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 11th, 2024 at 5:39 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.