4200 6th, Los Angeles, CA 90008
- $1,580,000
- Sold Price
- $1,580,000
- List Price
- $1,595,000
- Closing Date
- Apr 23, 2026
- Status
- CLOSED
- MLS#
- RS26041961
- Year Built
- 1929
- Lot Size
- 7,596
- Acres
- 0.17
- Lot Location
- Corner Lot
- Days on Market
- 10
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
Classic 1929 Spanish 6-unit in Leimert Park on a large corner lot with major value-add + ADU upside. Strong unit mix: (4) 2BD/1BA + (2) 1BD/1BA with courtyard charm and on-site parking/garages. ~23% mark-to-market upside through organic rent growth as units turn. Potential to add up to four (4) detached ADUs (Buyer to Verify), increasing income by 87% and a stabilized 8.18% yield on cost. Recent improvements include electrical upgrades, foundation bolting/reinforcement, exterior paint, roof recoat, and two remodeled units (refinished hardwood floors, paint, updated bath/shower, appliances, ceiling fans, mini-splits).
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $141,359
- Operating Expense
- 43586
Listing courtesy of Listing Agent: Andrew McAllister (drew@nrecommercial.com) from Listing Office: eXp Realty of Greater L.A.
Listing sold by Jeffrey Billinger from The Hills Premier Realty, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.