Seller's Agent in 2022
Jason Tuvia
Marcus & Millichap
(818) 212-2700
1 in this area
109 Total Sales
6423 Monterey Rd Los Angeles, CA 90042
Montecito Heights Neighborhood
22
Beds
12
Baths
10,168
Sq Ft
10,799
Sq Ft Lot
Highlights
- City View
- Marble Countertops
- Lawn
- Wood Flooring
- Living Room with Attached Deck
- Wrap Around Porch
About This Home
As of July 2022We are pleased to present a twelve (12) unit apartment building located at 6423 Monterey Road in Los Angeles, California. The subject property is situated in a prime Highland Park location, south of Arroyo Seco Parkway and west of Pasadena Avenue. Built in 1966, this property contains a great unit mix of two (2) one bedroom / one bathroom units and ten (10) two bedroom / one bathroom units. Two (2) of the units feature wrap around decks, and one (1) unit is a penthouse. The spacious units all feature private balconies, tall ceilings, gas range stoves, dishwashers, and in-unit laundry hookups. Ten (10) units are rehabbed with new flooring and fixtures throughout, stainless steel appliances, designer bathrooms with stylish fixtures, floor to ceiling windows, and breakfast bars. The offering will be delivered with RTI plans for the soft-story retrofit and a one bedroom ADU that will not impact any parking for the current tenants. The property itself comes with full on-site parking and great landscaping. Residents will enjoy living in Los Angeles without feeling like they are in a highly urban space. Tenants are in immediate proximity of outdoor recreation at Arroyo Seco Park, located just behind the subject property. Just beyond the park, the -110 Freeway allows easy commuting access to major employers across Los Angeles. Situated in a prime Highland Park location, this offering presents an excellent opportunity for any investor to acquire a turn-key property with positive initial cash flow and RTI plans to build an ADU.
Last Agent to Sell the Property
Marcus & Millichap License #01772495 Listed on: 01/19/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966 | Remodeled
Lot Details
- 10,798 Sq Ft Lot
- Fenced
- Lawn
Property Views
- City
- Hills
Home Design
- Turnkey
- Additions or Alterations
Interior Spaces
- 10,168 Sq Ft Home
- 2-Story Property
- Built-In Features
- Sliding Doors
- Living Room with Attached Deck
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven
- Gas Cooktop
- Microwave
- Freezer
- Dishwasher
- Marble Countertops
Bedrooms and Bathrooms
- 22 Bedrooms
- 12 Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 12 Car Garage
- 7 Open Parking Spaces
- Parking Storage or Cabinetry
- Driveway
Outdoor Features
- Living Room Balcony
- Wrap Around Porch
- Open Patio
- Outdoor Grill
Location
- City Lot
Utilities
- Air Conditioning
- Heating System Mounted To A Wall or Window
Community Details
- 12 Units
- Vacancy Allowance $10,411
Listing and Financial Details
- Assessor Parcel Number 5312-002-021
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/05/2022 07/05/22 | Sold | $4,760,000 | -4.3% | $468 / Sq Ft |
| 07/03/2022 07/03/22 | Pending | -- | -- | -- |
| 05/09/2022 05/09/22 | Price Changed | $4,975,000 | -2.4% | $489 / Sq Ft |
| 03/28/2022 03/28/22 | Price Changed | $5,099,000 | 0.0% | $501 / Sq Ft |
| 03/28/2022 03/28/22 | For Sale | $5,099,000 | -1.9% | $501 / Sq Ft |
| 03/10/2022 03/10/22 | Pending | -- | -- | -- |
| 02/22/2022 02/22/22 | Price Changed | $5,199,000 | -4.6% | $511 / Sq Ft |
| 01/19/2022 01/19/22 | For Sale | $5,450,000 | -- | $536 / Sq Ft |
Source: The MLS
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 | $59,994 | $4,952,304 | $3,703,824 | $1,248,480 |
| 2024 | $59,994 | $4,855,200 | $3,631,200 | $1,224,000 |
| 2023 | $58,837 | $4,760,000 | $3,560,000 | $1,200,000 |
| 2022 | $38,486 | $3,153,534 | $1,545,850 | $1,607,684 |
| 2021 | $37,988 | $3,091,701 | $1,515,540 | $1,576,161 |
| 2020 | $9,373 | $644,835 | $189,433 | $455,402 |
| 2019 | $9,058 | $632,207 | $185,719 | $446,488 |
| 2018 | $8,870 | $619,826 | $182,078 | $437,748 |
| 2016 | $8,356 | $595,048 | $175,008 | $420,040 |
| 2015 | $8,251 | $586,111 | $172,380 | $413,731 |
| 2014 | $8,357 | $574,631 | $169,004 | $405,627 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Tuvia
-
Peggy Fong Chen
Buyer's Agent in 2022
Peggy Fong Chen
Re/Max Omega
(626) 378-9800
1 in this area
71 Total Sales
Map
Source: The MLS
MLS Number: 22-119925
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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