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6409 11th Ave, Los Angeles, CA 90043

List Price: $996,777On Market FlagOn market
Dec 23, 20232,698 sqft8 beds4 baths
Listed by: Yolanda Evans
License #: 01023802
Phone #: 909-225-0236
YOREALTY GROUP
Source:
CRMLS Logo
MLS #: CV23229646

Property Description

Income-producing property with higher income potential. Tax records show this as a triplex with a Front unit 2+1, Middle 2+1- & Rear Unit 3+2 Owners collect 3 rents that are at 87% of their potential!!!!! 2Units, Occupied. The rear tenant wants to remain after the sale of the Property & will be sold as-is, with NO Repairs by the Seller. Unit 1 = 2+1 = Section 8 = 1456.00 Unit 2 = 2+1 = Paid = 2550.00 Unit 3 = 3+2 = Paid = 2666.00 800 sq ft Storage Shed which can be converted to another 1bd? Buyer to make own measurements. Rear Parking Spaces The front 2+1 unit has its own private yard and separate entrance. Long pathway to rear units, Also note: the area near the carport is another 400-500sq ft that is not counted in agent footage of this property and possible space for ADU or Laundry facilities Walking distance to the newly developed Sports Stadium, Restaurants, Shopping Centers, Markets, and places of Worship. **Drive by ONLY ** DO NOT WALK ON PROPERTY OR DISTURB TENANTS** See Agent's remarks for more details! NOTE: The owners want an agent to disclose the Buyer to verify all MLS information including permits & uses parking, bed/bath counts, Square footage, schools, and their enrollment availability. The buyer is advised to investigate all aspects of the property & verify the accuracy of all information provided.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,054

TurboHome Estimated Value

$1,000,200

$371 sqft

High Valuation
$1,050,210
$389/sqft
Normal Valuation
$1,000,200
$371/sqft
Low Valuation
$950,190
$352/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$371/sqft$1,000,200

Neighborhood: Hyde Park

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Comparative Value

$825K

$997K

$1.18M

$1.21M

6223 S Van Ness Ave, Los Angeles, CA 90047

Sale Price: $825,000

Selected Comparable

6409 11th Ave, Los Angeles, CA 90043

List Price: $996,777

Subject Property

8257 Crenshaw Dr, Inglewood, CA 90305

Sale Price: $1,175,000

Selected Comparable

5850 6th Ave, Los Angeles, CA 90043

Sale Price: $1,210,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
6409 11th Ave, Los Angeles, CA 90043

6409 11th Ave, Los Angeles, CA 90043

List: $996,777

Listed: 12/23/2023

Area:2,698 sqft
Price/sqft:$369
Beds:8
Baths:4
Year Built:
Lot Size:7,572

Comparable Properties

COMPARABLE
Choose comps
8257 Crenshaw Dr, Inglewood, CA 90305

8257 Crenshaw Dr, Inglewood, CA 90305

Sale: $1,175,000

3/7/20251.26 mi

Area:3,445 sqft
Price/sqft:$341
Beds:8
Baths:4
Year Built:
Weight:37.5%
5850 6th Ave, Los Angeles, CA 90043

5850 6th Ave, Los Angeles, CA 90043

Sale: $1,210,000

10/24/20240.57 mi

Area:3,108 sqft
Price/sqft:$389
Beds:7
Baths:4
Year Built:
Weight:33.7%
6223 S Van Ness Ave, Los Angeles, CA 90047

6223 S Van Ness Ave, Los Angeles, CA 90047

Sale: $825,000

11/7/20240.68 mi

Area:3,082 sqft
Price/sqft:$268
Beds:7
Baths:5
Year Built:
Weight:28.8%

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