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Los Angeles, CA 90001 6401 Converse Avenue

$1,195,000

6401 Converse Avenue Los Angeles, Ca - Image 16401 Converse Avenue Los Angeles, Ca - Image 26401 Converse Avenue Los Angeles, Ca - Image 3
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6401 Converse Avenue Los Angeles, Ca - Image 46401 Converse Avenue Los Angeles, Ca - Image 56401 Converse Avenue Los Angeles, Ca - Image 66401 Converse Avenue Los Angeles, Ca - Image 76401 Converse Avenue Los Angeles, Ca - Image 8
Presented By: Louie Olvera with Homequest Real Estate; louieo@teamolvera.com
  • MLS# PW24074864
  • 04/16/2024
  • Request Tour
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  • BedBeds • 8
  • BathBaths • 5
  • FootageSQFT • 3,224
  • GarageGarage • 4

Home Details

Here we have a nice 5 units, consisting of 3 - 2bed 1 bath units & 2 - 1 bed 1 bath units on a huge double lot of 14,290 sqft. 4 units are on the left side of the lot with 4 one car garages in the rear of the lot with alley access. Two front units are of 2 bed and the rear units are 1 bed. The unit to the right is the larger 2 bed unit and has sits on its own lot separated by a fence. All with separate gas & electric meters. All units are occuppied. This property has lots of potential with the double lot and rents have upside. Please do not disturb teants. Interior pictures of all the units in supplements.
Presented By: Louie Olvera with Homequest Real Estate; louieo@teamolvera.com

Interior Features for 6401 Converse Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesSeeRemarks
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 6401 Converse Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.5
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StreetLights, Sidewalks
Contingencynone
CountyLos Angeles
Days on Market19
DirectionsSouth of Gage ave & West of Holmes ave
Entry Locationlower
Garage Spaces4.0
Garage Y/NYes
Gross Income0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet14290.0
MLS AreaC37 - Metropolitan South
MaintenanceExpense9325.0
MobileHomeRemainsYNNo
Net Operating Income26984.0
New ConstructionNo
Number of Units Leased5
Operating Expense28216.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer, SewerTapPaid
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameConverse
Tax Lot14
Taxes$14,937
Tenant PaysElectricity, Gas
Total Actual Rent4600.0
Total Units5
Trash Expense0.0
View Y/NNo
Water Sewer Expense1954.0
Waterfront Y/NNo
Year Built1924
Year Built SourcePublicRecords
ZoningLCR3YY

Exterior for 6401 Converse Avenue

Building Area Total3224.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.3281
Lot Size Area14290.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings4
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,195,000
MLS#PW24074864
List Date 04/16/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors