$749,000

3946 E 6th St Los Angeles, CA 90023

Estimated payment $5,114/month

Total Views 5,930
11 Beds
5 Baths
3,906 Sq Ft
$192 Price per Sq Ft

Highlights

  • No HOA
  • Two Homes on a Lot
  • Laundry Room
  • James A. Garfield Senior High School Rated A
  • Cooling Available
  • Rectangular Lot

About This Home

Investor REO Opportunity in Prime Location. 3 Bed, 1 Bath 967 Sqft home in front. 8 bedroom, 4 bathroom, 2930 Sqft unit in the rear. Per EPIC LA records, the 8 Bedroom rear unit (3948 E 6th) appears to have passed plan review in March 2023 but other approvals and permits may be incomplete. Buyers and Brokers strongly advised to verify status of all permits with the local building departments to satisfy themselves. While further due diligence is required, the high bed count rear unit may be suitable for Single Room Occupancy (SRO) housing, group home, or other creative rental use. This could represent a strong opportunity for an investor seeking cash flow through city programs or shared housing strategies. At present moment the property is being sold without interior access, with the occupants in place, and will require all cash or hard/private money financing. Contact us today to explore this intriguing investment.

Listing Agent

Max James-Armand

Electric Estates Brokerage Phone: 310-654-4261 License #01912736 Listed on: 07/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,672

Year Built

  • Built in 1916

Lot Details

  • 7,760 Sq Ft Lot
  • Lot Dimensions are 50x154
  • No Common Walls
  • Rectangular Lot
  • On-Hand Building Permits

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Shingle Roof

Interior Spaces

  • 3,906 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Two Homes on a Lot
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 12 / C
  • Tax Tract Number 5312
  • Assessor Parcel Number 5238016015
  • $8,943 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,672

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 374500
  • Property Attached: No
  • Zoning: LCR4YY
  • Property Condition: Additions/Alterations, Building Permit, Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5238016015
  • Year Built: 1916
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 191.76

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size: 50x154
  • Lot Size Sq Ft: 7760.00
  • Lot Size Acres: 0.1781

Multi Family

  • Lot Size Area: 7760.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: C
  • Tax Census Tract: 5312.01
  • Tax Lot: 12
  • Tax Tract Number: 5312
  • TaxOtherAnnualAssessmentAmount: 8943.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,672 $391,085 $166,113 $224,972
2024 $13,672 $383,417 $162,856 $220,561
2023 $13,409 $375,900 $159,663 $216,237
2022 $13,167 $368,531 $156,533 $211,998
2021 $13,109 $361,306 $153,464 $207,842
2019 $12,959 $350,591 $148,913 $201,678
2018 $4,991 $343,718 $145,994 $197,724
2016 $4,793 $330,374 $140,326 $190,048
2015 $4,723 $325,413 $138,219 $187,194
2014 $4,727 $298,840 $135,512 $163,328
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $749,000 -- $192 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Trustee Deed $224,452 None Listed On Document
Interfamily Deed Transfer -- United Title Company
Grant Deed $145,000 North American Title Company
Grant Deed $80,000 Chicago Title
Trustee Deed $127,537 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $445,450 Construction
Previous Owner $65,500 New Conventional
Previous Owner $160,000 Unknown
Previous Owner $400,000 Negative Amortization
Previous Owner $0 Unknown
Previous Owner $142,792 FHA
Previous Owner $84,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25149201

California Regional Multiple Listing Service (CRMLS)

APN: 5238-016-015