606 E 6th Street, Los Angeles, California 90021, Los Angeles, 90021 - 8 bed, 4 bath
ACTIVE$4,500,000
606 E 6th Street, Los Angeles, California 90021
8Beds
4Baths
9,285Sqft
13,750Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Flexible Zoning & Development Potential: The property boasts highly versatile zoning allowing for commercial, residential, and industrial uses, coupled with the potential to remodel into 5-10 units, offering significant value-add opportunities.
Top Cons:
Age-Related Infrastructure Concerns: Built in 1920, the property likely requires substantial investment in updating core infrastructure (e.g., electrical, plumbing, HVAC) to meet modern standards and support multi-unit conversion.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1920 (105 years old).
Condition: The property was built in 1920, making it an older structure. While the exterior appears well-maintained, the interior, particularly the kitchen, shows significant signs of being outdated. The kitchen features tiled countertops and dark wood cabinets, a style typically seen in renovations 15-30 years ago. Although appliances are stainless steel, they are not high-end. Other interior spaces feature painted floors with visible wear and peeling. The listing description explicitly mentions the potential to 'Remodel as 5 to 10 units,' indicating that the property is not currently updated to modern residential standards and requires minor to moderate updates and renovations to meet contemporary tastes and functionality, rather than being move-in ready.
Year Built
1920
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
$485
HOA
-
Days on market
-
Sold On
-
MLS number
WS25220660
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights
About this home
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.
Nearby schools
5/10
Ninth Street School
Public,•K-5•0.4mi
5/10
San Pedro Street Elementary School
Public,•K-5•1.1mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.3mi
6/10
Castelar Street Elementary School
Public,•K-5•1.6mi
4/10
Soto Street Elementary School
Public,•K-6•1.7mi
2/10
Tenth Street Elementary School
Public,•K-5•1.7mi
3/10
Ann Street Elementary School
Public,•K-6•1.8mi
/10
Garza (Carmen Lomas) Primary Center
Public,•K-2•1.9mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.9mi
4/10
Nevin Avenue Elementary School
Public,•K-5•2.0mi
4/10
Norwood Street Elementary School
Public,•K-5•2.0mi
4/10
Utah Street Elementary School
Public,•K-8•1.3mi
3/10
Sal Castro Middle School
Public,•6-8•1.7mi
3/10
John H. Liechty Middle School
Public,•6-8•1.8mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.8mi
6/10
Hollenbeck Middle School
Public,•6-8•1.9mi
4/10
John Adams Middle School
Public,•6-8•2.1mi
6/10
Vernon City Elementary School
Public,•K-7•2.7mi
3/10
George Washington Carver Middle School
Public,•6-8•2.8mi
5/10
Florence Nightingale Middle School
Public,•6-8•3.4mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•1.1mi
5/10
Santee Education Complex
Public,•9-12•1.3mi
3/10
Belmont Senior High School
Public,•9-12•1.7mi
3/10
Theodore Roosevelt Senior High
Public,•9-12•1.9mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.0mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.2mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•2.3mi
4/10
West Adams Preparatory High School
Public,•9-12•2.6mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•3.2mi
4/10
Huntington Park Senior High School
Public,•9-12•4.0mi
Condition Rating
Fair
The property was built in 1920, making it an older structure. While the exterior appears well-maintained, the interior, particularly the kitchen, shows significant signs of being outdated. The kitchen features tiled countertops and dark wood cabinets, a style typically seen in renovations 15-30 years ago. Although appliances are stainless steel, they are not high-end. Other interior spaces feature painted floors with visible wear and peeling. The listing description explicitly mentions the potential to 'Remodel as 5 to 10 units,' indicating that the property is not currently updated to modern residential standards and requires minor to moderate updates and renovations to meet contemporary tastes and functionality, rather than being move-in ready.
Pros & Cons
Pros
Flexible Zoning & Development Potential: The property boasts highly versatile zoning allowing for commercial, residential, and industrial uses, coupled with the potential to remodel into 5-10 units, offering significant value-add opportunities.
Exceptional Parking Capacity: A rare and valuable asset in Downtown LA, featuring two fenced parking lots with over 33 spaces and three gated entrances, providing ample parking for various uses.
Strategic Downtown LA Location: Situated on a prominent corner in the C42 Downtown L.A. area, adjacent to recent developments, indicating strong growth potential and high visibility.
Unique Character & Established Use: A classic red brick 'Artist Loft Building' with existing multi-unit Artist-In-Residence permits, offering a distinct aesthetic, natural light, and a proven income-generating model.
Desirable Architectural Features & Views: Features include classic red brick construction, abundant natural light from skylights and numerous windows, hardwood floors, and city lights views, enhancing its appeal.
Cons
Age-Related Infrastructure Concerns: Built in 1920, the property likely requires substantial investment in updating core infrastructure (e.g., electrical, plumbing, HVAC) to meet modern standards and support multi-unit conversion.
Significant Renovation Required: While offering development potential, converting the existing structure into 5-10 optimized units will necessitate considerable renovation and capital expenditure.
Niche Market for Current Use: The 'Artist-In-Residence' designation, while unique, might appeal to a specific buyer demographic, potentially narrowing the immediate market for buyers seeking a straightforward residential or commercial conversion without navigating specific use requirements.