4200 6th, Los Angeles, California 90008, Los Angeles, 90008 - bed, bath
4200 6th
Los Angeles, California 90008
Property Price
SUMMARY
Analysis of 4200 6th, Los Angeles, California 90008 is currently available with a list price of $1,595,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is a well-maintained 1929 Spanish-style multi-unit building that has undergone significant recent capital improvements, including electrical upgrades, foundation bolting, and a roof recoat. While it is a 'value-add' opportunity, two units are fully remodeled with modern kitchens featuring stainless steel appliances, updated bathrooms, refinished hardwood floors, and new mini-split HVAC systems, meeting the criteria for move-in ready condition with major systems within their functional lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Value-Add Potential
The property offers a 23% mark-to-market rent upside and the potential to add up to four detached ADUs, which could increase income by 87% and provide a stabilized 8.18% yield on cost.
- Recent Capital Improvements
Major recent upgrades include electrical systems, foundation bolting, exterior paint, and a roof recoat, alongside two fully remodeled units featuring modern finishes and mini-split HVAC systems.
- Desirable Unit Mix and Character
This classic 1929 Spanish-style 6-unit building features a strong mix of four 2-bedroom and two 1-bedroom units on a large corner lot, offering high rental demand and architectural charm.
CONSRISKS & DEFICIENCIES
- Low Local School Ratings
The assigned public schools for this address have consistently low ratings, mostly 2 out of 10, which may deter long-term family tenants and impact future resale value.
- Regulatory and Turnover Dependency
Realizing the projected rent growth is dependent on organic unit turnover, which can be a slow and legally complex process under Los Angeles rent control regulations.
About 4200 6th
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).
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1929
- Lot Size
- 7,596 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Forty-Second Street Elementary School
Grades K-5 • 0.1 mi
Tom Bradley Global Awareness Magnet School
Grades K-5 • 0.6 mi
Birdielee V. Bright Elementary School
Grades K-5 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1929 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,595,000
Initial Listing
Sold
Aug 24, 2021
$1,627,000
Public Record
Sold
Mar 17, 2017
$1,300,000
Public Record