NOT LISTED FOR SALE

6375 Converse Ave Los Angeles, CA 90001

Estimated Value: $1,599,000 - $2,662,000

16 Beds
14 Baths
5,563 Sq Ft
$395/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $2,270,000 $408 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $14,453/month

35 Days on Market

Highlights

  • New Construction
  • Dual Staircase
  • Wood Flooring
  • City Lights View
  • Contemporary Architecture
  • 8 Car Direct Access Garage

About This Home

As of May 2023

New Luxurious 4 unit property. Two separate duplex buildings. Each Unit offers, two stories Units with 2 car garages. The front units each has 4 Bedrooms with 3.5/Bath and attached 2 car garages. Back units each have 4 Bedrooms, 3/Baths and 2 attached car garage. These Units have a beautiful entrance with an open floor plan to the living room, dining room and kitchen area. Great for large families, 4 Bedrooms, the master bedroom in each unit with walk-in closet and own bathroom, plenty of closet storage in each unit. Modern look, Beautiful Custom kitchen Cabinets throughout with beautiful quartz tops. Modern look anti scratch waterproof vinyl flooring. Stainless steel microwave. Spacious bedrooms, closet area in each bedroom, reset lights through all the house, New windows in all units. HVAC system in all units, tankless water heaters, separate water meters, laundry area with hook-ups. New Fence and two entrance gates, one in the front with a long driveway for extra parking. In the back there is an entrance Property to direct access to the garage. Property is completed and ready to be sold!

Last Agent to Sell the Property

Christian Limon

Century 21 A Better Service License #01182471 Listed on: 02/28/2023

Century 21 A Better Service

Last Buyer's Agent

Powai Wong

Coldwell Banker Residential Brokerage Company License #01892854

Coldwell Banker Residential Brokerage Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,844

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,057 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • New Fence
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway
  • Assigned Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Turnkey
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,563 Sq Ft Home
  • Dual Staircase
  • Window Screens
  • Panel Doors
  • Living Room

Kitchen

  • Gas and Electric Range
  • Microwave
  • Water Line To Refrigerator
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 14 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, sewer, trash collection, water
  • Legal Lot and Block 10 / C
  • Assessor Parcel Number 6010030042
  • $1,113 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $2,500
  • Operating Expense $3,825
  • Net Operating Income $226,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,844

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

8

Listing Details

  • Other Phone Description: 5626449834
  • Price Per Unit: 575000
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Zoning: LCR3*
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6010030042
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Door Features: Panel Doors
  • Levels: Two
  • Price Per Square Foot: 408.05
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Walk-In Closet
  • Window Features: Screens

Exterior Features

  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition, New Condition, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Driveway
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas & Electric Range, Microwave, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7057.00
  • Lot Size Acres: 0.1620

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Gross Scheduled Income: 230400.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 7057.0000 Square Feet
  • Net Operating Income: 226575.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Operating Expense: 3825.00
  • Other Expense Description: 0000
  • Other Income Description: 0000
  • Rent Control: No
  • Total Expenses: 3825.00

Tax Info

  • Tax Area: 1193
  • Tax Block: C
  • Tax Census Tract: 5330.01
  • Tax Lot: 10
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 1113.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Apr 27, 2023
Sold by
Next Level Investment Llc
Bought by
Sun Dragon Llc
Seller's Agent
Christian Limon
Century 21 A Better Service
Buyer's Agent
Powai Wong
Coldwell Banker Residential Brokerage Company
List Price
$2,500,000
Sold Price
$2,270,000
Premium/Discount to List
-$230,000
-9.2%
Views
92
Current Estimated Value
$2,196,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,945
Avg. Annual Appreciation
-2.68%
Original Mortgage
$1,400,000
Outstanding Balance
$1,362,083
Interest Rate
6.32%
Mortgage Type
Construction
Estimated Equity
$771,492

Purchase Details

Closed on
Feb 14, 2022
Sold by
Kingdom Builders Properties Llc
Bought by
Next Level Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,436,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 2, 2021
Sold by
Aceves Ignacio G
Bought by
Kingdom Builders Properties Llc
Seller's Agent
George Valencia
Century 21 A Better Service
Buyer's Agent
George Valencia
Century 21 A Better Service
List Price
$589,999
Sold Price
$570,000
Premium/Discount to List
-$19,999
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.08%
Original Mortgage
$511,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 1994
Sold by
Aceves Ignacio G and Gutierrez Ignacio A
Bought by
Aceves Ignacio G and Aceves Pilar G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.87%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Sun Dragon Llc $2,270,000 California Best Title
Next Level Investment Llc -- New Title Company Name
Kingdom Builders Properties Llc $570,000 Lawyers Title
Aceves Ignacio G -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Dragon Llc $1,400,000
Previous Owner Next Level Investment Llc $1,436,000
Previous Owner Kingdom Builders Properties Llc $511,000
Previous Owner Aceves Ignacio G $102,177
Previous Owner Aceves Ignacio G $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $2,270,000 -1.3% $408 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/14/2023 03/14/23 Price Changed $2,300,000 -8.0% $413 / Sq Ft
02/28/2023 02/28/23 For Sale $2,500,000 +338.6% $449 / Sq Ft
04/03/2021 04/03/21 Sold $570,000 -3.4% $325 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $589,999 -- $336 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $29,844 $2,361,708 $1,113,228 $1,248,480
2024 $29,844 $2,315,400 $1,091,400 $1,224,000
2023 $8,933 $635,460 $459,000 $176,460
2022 $8,051 $581,400 $408,000 $173,400
2021 $2,800 $152,374 $21,520 $130,854
2020 $2,810 $150,813 $21,300 $129,513
2019 $2,729 $147,857 $20,883 $126,974
2018 $2,611 $144,959 $20,474 $124,485
2016 $2,494 $139,332 $19,680 $119,652
2015 $2,460 $137,240 $19,385 $117,855
2014 $2,466 $134,553 $19,006 $115,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23033750

California Regional Multiple Listing Service (CRMLS)

APN: 6010-030-042