NOT LISTED FOR SALE
12 Beds
12 Baths
7,115 Sq Ft
7,802 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $2,600,000 $365 Per Sq Ft

20 Days on Market

Highlights

  • French Architecture
  • Third Street Elementary School Rated A
  • 7 Car Garage

About This Home

As of April 2022

5524 W 6th Street is a one-of-a-kind six-unit French Normandy-style property located in the Miracle Mile (90036). 5524 W 6th Street was built in 1936 and consists of 7,115 SF of improvements. The unit composition features Four (4) 2 Bedroom / 1.5 Bathroom apartment homes and Two (2) 2 Bedroom / 1.5 Bathroom Town Home-style units. The apartment units are large in size and average 1,185 (+/-) square feet. The property is sited on a +/- 7,802 square foot parcel, zoned LAR4. Covered parking is provided for 6 vehicles with one additional parking spot. Gas and electrical utilities are separately metered and paid by residents. It's ideally located on a prime street in the Miracle Mile and offers immediate access to the neighboring communities of Beverly Hills, Koreatown, and West Hollywood. It boasts a Walk Score of 94, which is deemed a "Walker's Paradise".

Last Agent to Sell the Property

Nick Astrupgaard

KW Commercial Studio City License #01893466 Listed on: 02/09/2022

KW Commercial Studio City

Co-Listed By

Rich Johns

KW Commercial Studio City License #01432215

KW Commercial Studio City

Last Buyer's Agent

Rich Johns

KW Commercial Studio City License #01432215

KW Commercial Studio City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 7,802 Sq Ft Lot

Home Design

  • French Architecture

Interior Spaces

  • 7,115 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Parking

  • 7 Car Garage
  • Assigned Parking

Community Details

  • 6 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5508-009-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: French Normandy
  • Street Number Display: Yes
  • Living Area: 7115
  • Lot Acreage: 0.1784
  • Probate: No
  • Stories: 2
  • Year Built: 1936
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 12.00
  • Price Per S Q F T: 344.34

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Garage
  • Total Parking: 7

Lot Info

  • Assessed Improvement Percent: 41.18
  • Assessed Improvement Value: 468308
  • Assessed Land Percent: 58.82
  • Assessed Land Value: 669012
  • Total Assessed Value: 1137320
  • Assessor Parcel Number: 5508-009-014
  • Lot Size Area: 7802

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 17.30
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 47471
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $2,600,000 +6.1% $365 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $2,450,000 0.0% $344 / Sq Ft
10/30/2020 10/30/20 Rented $2,395 0.0% --
09/30/2020 09/30/20 Price Changed $2,395 -7.7% $2 / Sq Ft
08/12/2020 08/12/20 For Rent $2,595 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-126201

The MLS