$2,050,000
PENDING $150K PRICE DROP

Estimated payment $12,434/month

Total Views 808
6 Beds
5 Baths
3,342 Sq Ft
$613 Price per Sq Ft

Highlights

  • Automatic Gate
  • City Lights View
  • 2 Car Direct Access Garage
  • Third Street Elementary School Rated A
  • Spanish Architecture
  • Fireplace

About This Home

TWO HOUSES ON A CORNER LOT! Great area, Hancock Park & Hollywood adjacent. Nestled in the heart of One of LA'S most desirable neighbors. These Charming Spanish Style property offers two separate gated houses on 6508 Melrose Ave. & 645 N. Mc Cadden Pl. both houses own gated & own private two- car garage direct entrance of own house and separate private yard & Driveway. both houses feature spacious two-story layouts 3 beds 2.5 bathrooms. Provides a Perfect blend of style and convenience offering an ideal living space for both owners and investors. whether you're looking to live in one and lease the other or seeking a fully income-producing property. this is germ is must -see. currently tenants occupied.

Listing Agent

Ann Hwang

Exclusive Realty Inc License #01017303 Listed on: 07/17/2025

Exclusive Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,502

Year Built

  • Built in 1976

Lot Details

  • 7,460 Sq Ft Lot
  • East Facing Home
  • Gated Home

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking
  • Controlled Entrance

Property Views

  • City Lights
  • Woods

Home Design

  • Spanish Architecture
  • Fire Rated Drywall

Interior Spaces

  • 3,342 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5524-018-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,502

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 3342
  • Lot Acreage: 0.1713
  • Probate: No
  • Stories: 2
  • Year Built: 1976
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 5.00
  • Equipment: Cable, Barbeque, Dishwasher, Dryer, Garbage Disposal, Freezer, Hood Fan, Ice Maker, Intercom, Microwave, Network Wire, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Vented Exhaust Fan, Washer
  • Price Per S Q F T: 613.41

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • View: City, City Lights, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 4
  • Garage Structures: 2
  • Parking Garage: Controlled Entrance, Door Opener, Direct Entrance, Garage - 4+ Car, Gated, Garage Is Attached, Parking for Guests, Side By Side
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central, Fireplace
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinklers, Gated, Owned, Smoke Detector
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 25.75
  • Assessed Improvement Value: 299682
  • Assessed Land Percent: 74.25
  • Assessed Land Value: 864219
  • Total Assessed Value: 1163901
  • Assessor Parcel Number: 5524-018-018
  • Lot Size Area: 7460

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 8618
  • Type Of Units: 2 houses
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,502 $1,601,849 $1,292,448 $309,401
2024 $14,502 $1,163,901 $864,219 $299,682
2023 $14,228 $1,141,080 $847,274 $293,806
2022 $13,578 $1,118,707 $830,661 $288,046
2021 $13,400 $1,096,773 $814,374 $282,399
2020 $13,535 $1,085,528 $806,024 $279,504
2019 $13,004 $1,064,244 $790,220 $274,024
2018 $12,920 $1,043,377 $774,726 $268,651
2016 $12,343 $1,002,864 $744,644 $258,220
2015 $12,165 $987,801 $733,459 $254,342
2014 $12,212 $968,452 $719,092 $249,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Pending -- -- --
08/02/2025 08/02/25 Price Changed $2,050,000 -6.8% $613 / Sq Ft
07/17/2025 07/17/25 For Sale $2,200,000 -- $658 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Gift Deed -- --
Grant Deed $835,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $530,000 New Conventional
Previous Owner $584,500 Purchase Money Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 25566425

The MLS

APN: 5524-018-018