3946 E 6th St Los Angeles, CA 90023
Estimated payment $5,133/month
Highlights
- Private Yard
- No HOA
- No Heating
About This Home
Calling all Investors and Contractors to this Vacant REO Opportunity in prime location just outside of Downtown LA, featuring a 3 Bed, 1 Bath, 967 Sqft home in front and 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, permits, and inspections are incomplete. While further due diligence is required, the high bed count rear unit may be suitable for Single Room Occupancy (SRO) housing, group home, or creation of additional ADU's within the square footage. Buyers and Brokers strongly advised to verify status of all permits with the local building departments to satisfy themselves.
Listing Agent
Electric Estates Brokerage Phone: 310-654-4261 License #01912736 Listed on: 05/06/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1916
Lot Details
- 7,760 Sq Ft Lot
- No Common Walls
- Private Yard
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 3,906 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 5 Bathrooms
Location
- Urban Location
Utilities
- No Heating
- No Utilities
Listing and Financial Details
- Legal Lot and Block 12 / C
- Tax Tract Number 5312
- Assessor Parcel Number 5238016015
- $1 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- Electric Expense $200
- Fuel Expense $200
- Insurance Expense $200
- Trash Expense $100
- Water Sewer Expense $100
- Operating Expense $33,600
- Gross Income $134,400
- Net Operating Income $100,800
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 |
|---|---|---|---|---|
| 05/06/2026 05/06/26 | For Sale | $749,000 | -- | $192 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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: OC26098978
APN: 5238-016-015
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Ask me questions while you tour the home.