1533 6th Ave, Los Angeles, CA 90019
1533 6th Ave, Los Angeles, CA 90019
1533 6th Ave, Los Angeles, CA 90019
27
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$2,900,000
Est. payment /mo
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18 Beds
11 Baths
9,145 SqFt
Active

1533 6th Ave Los Angeles, CA 90019

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,145 sqft

Price per Sqft $317

MLS Listing ID 26998855

Style Spanish

Bedrooms 18

Year Built 1922

Lot Size 0.499 Acres

Acres 0.4993

Property Sub-Type Multi-Family

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 Mid Los Angeles

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling Window Unit(s)

Flooring Hardwood

Equipment Range/Oven, Refrigerator, Microwave, Dishwasher, Stackable W/D Hookup

Laundry Community, Room

Exterior

Parking Features Carport, Uncovered

Garage Spaces 9.0

Pool None

View Y/N Yes

View City

Roof Type Flat

Building

Story 1

Sewer In Street

Water Public

Architectural Style Spanish

Level or Stories One

Structure Type Frame, Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Jordan Peikin

NEARBY SCHOOL & BUSINESS

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Todd Kingsley

Todd Kingsley

Agent License ID: 02118744

+1(310) 710-8633

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1533 6th Ave