$749,000
UNDER CONTRACT

3946 E 6th St Los Angeles, CA 90023

Estimated payment $5,133/month

Total Views 14,623
11 Beds
5 Baths
3,906 Sq Ft
$192 Price per Sq Ft

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

Max James-Armand

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

7,760 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5238016015
  • Year Built: 1916
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

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

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: None
  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7760.00
  • Lot Size Acres: 0.1781

Multi Family

  • Electric Expense: 200.00
  • Fuel Expense: 200.00
  • Gross Income: 134400.00
  • Gross Scheduled Income: 134400.00
  • Insurance Expense: 200.00
  • Lot Size Area: 7760.0000 Square Feet
  • Net Operating Income: 100800.00
  • Number Of Units Total: 2
  • Operating Expense: 33600.00
  • Rent Control: Yes
  • Total Expenses: 33600.00

Tax Info

  • Tax Block: C
  • Tax Lot: 12
  • Tax Tract Number: 5312
  • TaxOtherAnnualAssessmentAmount: 1.00

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 List to Sale Price per Sq Ft
05/06/2026 05/06/26 For Sale $749,000 -- $192 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

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: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26098978

California Regional Multiple Listing Service (CRMLS)

APN: 5238-016-015

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