$700,000

6504 S Central Ave Los Angeles, CA 90001

Estimated payment $4,083/month

Total Views 1,690
2 Beds
2 Baths
4,053 Sq Ft
$173 Price per Sq Ft

Highlights

  • No HOA
  • Space Heater
  • 1-Story Property

About This Home

Don’t miss this incredible opportunity to own a versatile mixed-use property that offers both residential and commercial income potential. This property features: One commercial space at the front of the property, ideal for a small business, retail shop, or professional office. Two spacious residential units, each offering 2 bedrooms and 1 bathroom, perfect for rental income or multi-generational living. This setup is ideal for a buyer looking to live in one of the units while renting out the other unit and the commercial space to help offset the mortgage.
Located in a high-demand area with excellent visibility and strong rental demand, this property combines the best of residential comfort and business opportunity. Whether you’re an investor seeking steady cash flow or an owner-occupant looking for both convenience and income, this property offers flexibility and long-term value.

Listing Agent

J. Art Minchaca

Excellence RE Real Estate Brokerage Phone: 323-707-3890 License #01896986 Listed on: 08/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,233

Year Built

  • Built in 1944

Lot Details

  • 4,053 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,053 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Space Heater
  • Heating System Uses Natural Gas

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 5450
  • Assessor Parcel Number 6010003002

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $700
  • Water Sewer Expense $2,500
  • Operating Expense $3,200
  • Gross Income $5,500
  • Net Operating Income $48,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,233

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Price Per Unit: 233333
  • Property Attached: No
  • Water Sewer Expenses: 2500.00
  • Zoning: LCM1*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6010003002
  • Year Built: 1944
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 172.71

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Space Heater
  • Sewer: Public Sewer
  • Trash Expense: 700.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4053.00
  • Lot Size Acres: 0.0930

Multi Family

  • Gross Income: 5500.00
  • Gross Scheduled Income: 67800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4053.0000 Square Feet
  • Net Operating Income: 48500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12000.00
  • Rent Control: Yes
  • Total Expenses: 3200.00

Tax Info

  • Tax Census Tract: 5329.00
  • Tax Lot: 28
  • Tax Tract Number: 5450

Map

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

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 $4,233 $180,301 $64,909 $115,392
2024 $4,233 $176,767 $63,637 $113,130
2023 $4,179 $173,302 $62,390 $110,912
2022 $4,051 $169,905 $61,167 $108,738
2021 $4,000 $166,574 $59,968 $106,606
2019 $3,908 $161,636 $58,191 $103,445
2018 $3,788 $158,467 $57,050 $101,417
2016 $3,629 $152,316 $54,836 $97,480
2015 $3,579 $150,029 $54,013 $96,016
2014 $3,564 $147,091 $52,955 $94,136
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 For Sale $700,000 -- $173 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25192602

California Regional Multiple Listing Service (CRMLS)

APN: 6010-003-002