606 E 6th Street, Los Angeles, California 90021, Los Angeles, 90021 - 10 bed, 4 bath
Loading property details...
Los Angeles, California 90021
Analysis of 606 E 6th Street, Los Angeles, California 90021 is currently available with a list price of $4,500,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1920, this property explicitly requires 'extensive renovation' and 'significant investment in updating core infrastructure, including plumbing, electrical, and HVAC systems, to meet modern standards and codes.' While functional for its current 'Artist-In-Residence' use, the kitchens feature outdated tiled countertops and basic cabinetry, and the bathrooms are utilitarian with dated tiling. The overall condition, especially considering the age and the stated need for substantial system replacements and rehabilitation, aligns with a 'poor' rating for general market standards and future redevelopment.
The property benefits from highly versatile zoning (Commercial, Residential, Industrial) and existing Artist-In-Residence permits, allowing for diverse development and income-generating opportunities.
With the capacity to be remodeled into 5 to 10 units, this property offers substantial upside for investors or developers looking to maximize density and value in a prime urban location.
A rare and valuable asset in downtown Los Angeles, the property includes two fenced parking lots with 33+ spaces and three gated entrances, enhancing its utility for various uses.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13750, other record lot size in square feet = 8253.
Constructed in 1920, the property likely requires significant investment in updating core infrastructure, including plumbing, electrical, and HVAC systems, to meet modern standards and codes.
To achieve its full potential as a multi-unit development (5-10 units), substantial capital expenditure will be necessary for comprehensive remodeling and reconfiguration, impacting initial investment.
Artist Loft Building with Excess Parking. 9,285 SF Two-Story Building. 13,750 SF Land. 2 Fenced Parking Lots (33+ spaces). Corner Location with 3 Entry Gates. Existing Multi-Unit Artist-In-Residence. Commercial, Residential, and Industrial Uses Allowed. Many Prior Film Shoots. Adjacent to Several Recent Developments. Property Description: Hard to find multi-unit Artist-In-Residence permitted building with classic red brick construction. Lovely natural lighting via skylights and numerous windows, abundant fenced parking on two sides with 3 gated entrances, hardwood floors, and multiple restrooms with showers. The kitchen and bar include a refrigerator, oven, stovetop, microwave and dishwasher. Remodel as 5 to10 units. Past permit for Artist In Residence use. The 2nd floor is a large open space with natural lighting. Approximately half the size of the first floor, the basement living space has a kitchen and restroom with two stairwells. A detailed property brochure is available upon request that includes: floor plans, photos, zoning info, and sale comps. Unit count depends on what unit sizes new buyer wants to offer.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| 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 | 1920 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jan 14, 2026
$4,500,000
Initial Listing