NOT LISTED FOR SALE

6307 Elgin St Los Angeles, CA 90042

11 Beds
7 Baths
5,030 Sq Ft
5,995 Sq Ft Lot

Last Sold February 28, 2019

Last sale price $1,550,000 $308 Per Sq Ft

299 Days on Market

About This Home

As of February 2019

Inspired by midcentury Modernism architecture, these newly renovated rental homes are just minutes to thriving Figueroa Street in Highland Park. 6307 Elgin Street, located in the heart of Highland Park’s historic Garvanza neighborhood, features a seven-unit, two-story low-rise building with enhanced modern architecture. Carefully restored and designed by a renowned LA designer, these 1960s modern luxury rental homes feature keyless entry door locks to spacious two-bedroom floor plans with newly renovated kitchen and bathrooms. The kitchen boasts sparkling white stone quartz countertops with brand new self closing cabinetry and high-end stainless-steel refrigerators with matching gas cooktop with oven and microwave. Stacked washer and dryers included inside each rental home with porcelain tiled bath tubs and glass shower doors. Each rental home also includes central A/C cooling and heating with recessed lights with luxury style cellular shade window blinds and distressed wood plank floors.

Minutes off the 101 Freeway on the York Boulevard exit and nestled in the historic and rapidly gentrifying Garvanza area of Highland Park. This area is home to a growing number of trendy restaurants, coffee houses and nightlife – and one of Highland Park's most quaint neighborhoods. Garvanza is a neighborhood in northeast Los Angeles bordered by Highland Park to the west, South Pasadena to the east, and Pasadena to the north. Seven Los Angeles Historic-Cultural Monuments are located in the neighborhood. Highland Park, Los Angeles; first actual suburb, has a long history filled with art, agriculture, architecture, and an ethnically diverse mix of Angelenos.

Tripsavvy declared the rapidly gentrifying hipster haven one of the must-visit for foodies, historic home buffs, and tourists looking for the next capital of L.A. cool. Highland Park is a nexus of chic boutiques and independent stores. One of the liveliest strips is Figueroa Street, on which you can find everything from skate shops to musical instruments and vintage clothing. A high concentration of chain stores and bargain outlets spills into York Boulevard to the southeast, becoming more interesting to the northwest, where secondhand furniture stores, tattoo parlors and tarot-readers rub shoulders with hair salons and restaurants.

Drake Real Estate Group | Welcome home
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| EXTERIOR | - Newly Modernized Façade - City Approved & Completed Earthquake Seismic Retrofit - Keyless Electronic Entry

| INTERIOR | - Cellular Shade Window Blinds - Spacious Designer Floor Plan - Vinyl Plank Flooring

| KITCHEN | - Modern Designer Cabinetry - Quartz Countertops - Stainless-Steel Appliances - Refrigerator - Range w/ Oven - Microwave - Open Kitchen Space Layout

| BATH | - Tiled Shower and Bath - Glass Shower Doors - Oversized Vanity Mirror

| AMENITIES | - Washer & Dryer (in unit) - Assigned Parking - A/C Units

Last Agent to Sell the Property

Eric Dilanian

Remax Commercial and Investment Realty License #01951699 Listed on: 04/04/2018

Remax Commercial and Investment Realty

Last Buyer's Agent

Eric Dilanian

Remax Commercial and Investment Realty License #01951699 Listed on: 04/04/2018

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 5,995

Interior Spaces

  • 5,030 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Parking

  • 7 Parking Spaces
  • Uncovered Parking

Additional Features

  • 5,995 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5493-009-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5030
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 7.00
  • Den: 0
  • Price Per S Q F T: 308.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 7

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Value: 245892
  • Assessed Land Value: 46235
  • Assessor Parcel Number: 5493-009-018
  • Geocode Override: No
  • Lot Size Area: 5995

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 19.87
  • Number Of Units: 7
  • Total Annual Expense: 30018
  • Type Of Units: Investment
  • Vacancy Rate: 1%

Range of Values:

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Average Value
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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
05/03/2023 05/03/23 For Rent $1,895 0.0% --
02/28/2019 02/28/19 Sold $1,550,000 0.0% $308 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
12/07/2018 12/07/18 Price Changed $1,550,000 -3.1% $308 / Sq Ft
09/25/2018 09/25/18 Price Changed $1,599,000 -3.1% $318 / Sq Ft
06/21/2018 06/21/18 Price Changed $1,650,000 -5.7% $328 / Sq Ft
04/04/2018 04/04/18 For Sale $1,750,000 -- $348 / Sq Ft
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: 18-329806

The MLS