NOT LISTED FOR SALE

Estimated Value: $878,000 - $1,027,000

4 Beds
2 Baths
1,814 Sq Ft
$515/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2025

Last sale price $906,000 $499 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,211 / mo

19 Days on Market

Highlights

  • 1-Story Property
  • Ceiling Fan
  • 4 Car Garage

About This Home

As of May 2025

Located in the heart of Highland Park, adjacent to Eagle Rock, 6002-6004 Tipton Way features two separate homes on one lot, each with its own address. The front home (6002 Tipton Way) offers 2 bedrooms and 1 bathroom (1,130 sq ft) plus a BONUS room off the kitchen, currently used as a 3rd bedroom, bringing the total living space to 1,814 sq ft. The rear home (6004 Tipton Way) includes 2 bedrooms and 1 bathroom (684 sq ft). The 7,510 sq ft lot provides ample space to construct two additional ADUs. Both homes are tenant-occupied. Located in one of LA's trendiest neighborhoods with high rental demand and historically low vacancy rates, this property offers convenient access to popular dining, shopping, and entertainment options. Each home has its own laundry room, individual garage, and parking for up to 4 cars total. The property has one water meter and separate gas and electric meters. The landlord pays for the water.

Last Agent to Sell the Property

Maria Sarmiento

Keller Williams Sierra Madre License #01837686 Listed on: 04/02/2025

Keller Williams Sierra Madre

Last Buyer's Agent

Bill Davis

Image Works Properties License #00646622

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 7,510 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,814 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5480-010-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

7,510 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1814
  • Lot Acreage: 0.1724
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 482.36

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan

Lot Info

  • Assessed Improvement Percent: 60.02
  • Assessed Improvement Value: 32416
  • Assessed Land Percent: 39.98
  • Assessed Land Value: 21596
  • Total Assessed Value: 54012
  • Assessor Parcel Number: 5480-010-009
  • Lot Size Area: 7510

Rental Info

  • Number Leased: 2

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.13
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2025
Sold by
Bought by
Current Estimated Value
$933,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,161
Outstanding Balance
$404,274
Interest Rate
6.24%
Mortgage Type
Construction
Estimated Equity
$529,293

Purchase Details

Listed on
Apr 2, 2025
Closed on
Apr 30, 2025
Sold by
Bought by
Seller's Agent
Maria Sarmiento
Keller Williams Sierra Madre
Buyer's Agent
Bill Davis
Image Works Properties
List Price
$875,000
Sold Price
$906,000
Premium/Discount to List
$31,000
3.54%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$650,000
Interest Rate
6.65%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 22, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Highland Park, CA

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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 Buyer Sale Price Title Company
-- Wfg National Title
$906,000 Wfg Title Company
-- None Available
-- --
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 Borrower Loan Amount
Open $796,161
Closed $650,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
05/07/2025 05/07/25 Sold $906,000 +3.5% $499 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $875,000 -- $482 / Sq Ft
Source: The MLS

Tax 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.

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 $1,020 $55,091 $22,027 $33,064
2024 $989 $54,012 $21,596 $32,416
2023 $976 $52,954 $21,173 $31,781
2022 $939 $51,916 $20,758 $31,158
2021 $919 $50,899 $20,351 $30,548
2020 $922 $50,378 $20,143 $30,235
2019 $897 $49,392 $19,749 $29,643
2018 $790 $48,424 $19,362 $29,062
2016 $734 $46,546 $18,611 $27,935
2015 $726 $45,848 $18,332 $27,516
2014 $744 $44,950 $17,973 $26,977
Source: Public Records

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Map

Source: The MLS

MLS Number: 25513805

The MLS

APN: 5480-010-009

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