
3946 E 6th St Los Angeles, CA 90023
Estimated payment $5,114/month
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
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
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 | Change | Sq Ft Price |
---|---|---|---|---|
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 | $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 |
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25149201

APN: 5238-016-015
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