2122 6th Ave, Los Angeles, CA 90018 - View 1
2122 6th Ave, Los Angeles, CA 90018 - View 2
2122 6th Ave, Los Angeles, CA 90018 - View 3

2122 6th Ave, Los Angeles, CA 90018

Sale Price: $1,275,000
Sep 11, 20245,220 sqft7 beds6 baths
Listed by: Sean Rosenzweig
License #: 01406343
Phone #: 213-943-1897
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 24438411

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.
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

$20,472

TurboHome Estimated Value

$1,344,900

$258 sqft

High Valuation
$1,412,145
$271/sqft
Normal Valuation
$1,344,900
$258/sqft
Low Valuation
$1,277,655
$245/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$258/sqft$1,344,900

Neighborhood: Mid City

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Comparative Value

$1.20M

$1.27M

$1.32M

$1.70M

5105 W 21st St, Los Angeles, CA 90016

Sale Price: $1,200,000

Selected Comparable

2122 6th Ave, Los Angeles, CA 90018

Sale Price: $1,275,000

Selected Comparable

2122 6th Ave, Los Angeles, CA 90018

List Price: $1,325,000

Subject Property

1214 S Norton Ave, Los Angeles, CA 90019

Sale Price: $1,700,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2122 6th Ave, Los Angeles, CA 90018

2122 6th Ave, Los Angeles, CA 90018

List: $1,325,000

Listed: 9/11/2024

Area:5,220 sqft
Price/sqft:$254
Beds:7
Baths:6
Year Built:
Lot Size:7,508

Comparable Properties

COMPARABLE
Choose comps
2122 6th Ave, Los Angeles, CA 90018

2122 6th Ave, Los Angeles, CA 90018

Sale: $1,275,000

1/23/20250.00 mi

Area:5,220 sqft
Price/sqft:$244
Beds:7
Baths:6
Year Built:
Weight:43.3%
5105 W 21st St, Los Angeles, CA 90016

5105 W 21st St, Los Angeles, CA 90016

Sale: $1,200,000

12/20/20241.63 mi

Area:5,527 sqft
Price/sqft:$217
Beds:6
Baths:6
Year Built:
Weight:28.8%
1214 S Norton Ave, Los Angeles, CA 90019

1214 S Norton Ave, Los Angeles, CA 90019

Sale: $1,700,000

6/16/20250.79 mi

Area:4,664 sqft
Price/sqft:$364
Beds:8
Baths:7
Year Built:
Weight:27.9%

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