4183 6th Avenue, Los Angeles, California 90008, Los Angeles, 90008 - 4 bed, 3 bath

4183 6th Avenue, Los Angeles, California 90008 home-pic-0
ACTIVE$1,299,000
4183 6th Avenue, Los Angeles, California 90008
4Beds
3Baths
2,003Sqft
5,364Lot

Price Vs. Estimate

The estimated value ($1,233,442.415) is $65,557.585 (5%) lower than the list price ($1,299,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential: The property includes a legal second unit (ADU) that generates $1,800/month in rental income, providing a significant financial benefit.
Top Cons:
Price Reduction: The property has experienced a price reduction from its original list price, which may indicate challenges in the market or perceived overpricing initially.

Compared to the nearby listings

Price:$1.30M vs avg $1.32M ($-26,000)46%
Size:2,003 sqft vs avg 1,972 sqft51%
Price/sqft:$649 vs avg $65649%

More Insights

Built in 1932 (93 years old).
Condition: The property, built in 1932, has been updated, blending original features with modern enhancements. The kitchen showcases classic cabinetry and updated appliances. The primary bathroom features a separate shower and tub with custom vanity. The presence of a new roof, energy-efficient windows, and a solar electric system further contribute to the property's good condition. While not fully renovated recently, the updates and well-maintained systems suggest a move-in-ready state.
Year Built
1932
Close
-
List price
$1.3M
Original List price
$1.5M
Price/Sqft
$649
HOA
-
Days on market
-
Sold On
-
MLS number
25518371
Home ConditionGood
Features
Deck
Patio
View

About this home

Whoa!! Buyer's stumble, make for a brand new opportunity!! BOM at sizzling new price and ready to go! Plus, this property is located in a census tract that qualifies for a GRANT of up to $20,000 and special financing through City National Bank!! Stunning Leimert Park Spanish Colonial! This captivating 3 bedroom, 2 bathroom Spanish Colonial home, complemented by a legal second unit built just three years ago (...and bringing $1,800/month in income!), beautifully marries classic architecture with modern enhancements. Every detail has been thoughtfully considered, seamlessly blending vintage elements with stylish, practical updates that respect the home's original character. The home features new energy-efficient windows, a new roof, a new driveway front porch and walkway as well as a new solar electric system, ensuring both comfort and sustainability. Outside, drought-resistant landscaping graces both the front and rear gardens, enhancing the home's curb appeal while conserving resources. Inside, gleaming original hardwood floors and hand-finished plaster walls preserve the home's timeless charm, while a skylit center hallway brings in an abundance of natural light. The kitchen is a stunning showcase of old-world elegance and modern luxury, with classic cabinetry, greenhouse windows, and floor-to-ceiling fully tiled walls. A striking Sahara Noir marble countertop with a farmhouse sink and commercial pull-down faucet adds sophistication and functionality, creating a perfect blend of textures and eras. The primary bath is a spa-like retreat with its greenhouse windows, separate stall shower, sunken tub, and a custom-made vanity crowned with a dramatic, hand-carved stone sink. The primary bedroom opens directly to the serene backyard, offering an indoor-outdoor flow that's ideal for relaxation. Designed with entertaining in mind, the rear yard provides multiple seating areas, including a comfortable deck and a curtained pavilion with a drop-down projection screen, perfect for cozy outdoor movie nights. Leimert Park remains one of the city's most sought-after neighborhoods, offering tree-lined streets, a vibrant arts community, and a growing selection of shopping, dining, and entertainment options. With convenient access to both the Expo and the new Crenshaw rail lines, this neighborhood provides an ideal balance of city living and accessibility. This home is a rare gem, offering a soulful presence, rich history, and thoughtful updates that make it a truly unique opportunity. With the added benefit of an ADU and a solar electric system, it also presents an income-generating opportunity, making it not only beautiful but financially rewarding. A true treasure in one of Los Angeles' most dynamic neighborhoods!

Nearby schools

2/10
Forty-Second Street Elementary School
Public,K-50.2mi
2/10
Tom Bradley Global Awareness Magnet School
Public,K-50.5mi
3/10
Sixth Avenue Elementary School
Public,K-51.3mi
4/10
Birdielee V. Bright Elementary School
Public,K-51.3mi
2/10
Coliseum Street Elementary School
Public,K-51.4mi
3/10
Hillcrest Drive Elementary School
Public,K-51.4mi
2/10
Fifty-Fourth Street Elementary School
Public,K-51.5mi
2/10
Audubon Middle School
Public,6-80.3mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-82.4mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-120.8mi
5/10
Foshay Learning Center
Public,K-121.3mi
2/10
Susan Miller Dorsey Senior High School
Public,9-121.6mi

Price History

Date
Event
Price
11/02/99
Sold
$188,000
Condition Rating
Good

The property, built in 1932, has been updated, blending original features with modern enhancements. The kitchen showcases classic cabinetry and updated appliances. The primary bathroom features a separate shower and tub with custom vanity. The presence of a new roof, energy-efficient windows, and a solar electric system further contribute to the property's good condition. While not fully renovated recently, the updates and well-maintained systems suggest a move-in-ready state.
Pros & Cons

Pros

Income Potential: The property includes a legal second unit (ADU) that generates $1,800/month in rental income, providing a significant financial benefit.
Grant Eligibility: Located in a census tract that qualifies for a grant of up to $20,000 and special financing through City National Bank, reducing upfront costs.
Updated Features: The home boasts new energy-efficient windows, a new roof, a new driveway, front porch, walkway, and a new solar electric system, enhancing its value and reducing future expenses.
Prime Location: Situated in the desirable Leimert Park neighborhood, offering tree-lined streets, a vibrant arts community, and convenient access to the Expo and Crenshaw rail lines.
Classic Charm with Modern Updates: The property seamlessly blends vintage elements with stylish, practical updates, preserving its original character while providing modern amenities.

Cons

Price Reduction: The property has experienced a price reduction from its original list price, which may indicate challenges in the market or perceived overpricing initially.
Small Lot Size: The lot size is relatively small at 5,364 sqft, which may limit outdoor space and potential for future expansion.
1932 Build: Built in 1932, the property may have outdated systems or require additional maintenance compared to newer constructions.

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