3946 E 6th St Los Angeles, CA 90023
Estimated payment $5,051/month
Highlights
- No HOA
- Cooling Available
- Rectangular Lot
- Two Homes on a Lot
- Laundry Room
- Heating Available
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
Electric Estates Brokerage Phone: 310-654-4261 License #01912736 Listed on: 07/03/2025
Property Details
Home Type
- Multi-Family
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
- Entry on the 1st floor
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | For Sale | $749,000 | -- | $192 / Sq Ft |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $400,000 | Negative Amortization | |
| Previous Owner | $142,792 | FHA | |
| Previous Owner | $84,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25149201
APN: 5238-016-015
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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