606 E 6th Street, Los Angeles, California 90021, Los Angeles, 90021 - 10 bed, 4 bath
ACTIVE$4,500,000$9,285/sqft
606 E 6th Street, Los Angeles, California 90021
10Beds
4Baths
9,285Sqft
13,750Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Flexible Mixed-Use Zoning: The property benefits from highly versatile zoning (Commercial, Residential, Industrial) and existing Artist-In-Residence permits, allowing for diverse development and income-generating opportunities.
Top Cons:
MLS Listing Discrepancy: 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.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1920 (106 years old).
Condition: 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 While functional for its current 'Artist-In-Residence' use, the kitchens feature outdated tiled countertops and basic cabinetry, and the bathrooms are utilitarian with dated tiling.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.
Year Built
1920
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
$485
HOA
-
Days on market
-
Sold On
-
MLS number
WS26009741
Home ConditionPoor
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.
C
CRAIG PHILLIPS
Listing Agent
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
Poor
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.
Pros & Cons
Pros
Flexible Mixed-Use Zoning: The property benefits from highly versatile zoning (Commercial, Residential, Industrial) and existing Artist-In-Residence permits, allowing for diverse development and income-generating opportunities.
Significant Redevelopment Potential: 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.
Abundant On-Site Parking: 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.
Strategic Corner Location: Situated on a prominent corner in Downtown LA and adjacent to recent developments, the location offers strong potential for appreciation, high visibility, and access to urban amenities.
Unique Architectural Character & Natural Light: Featuring classic red brick construction, hardwood floors, and ample natural light from skylights and numerous windows, the building possesses distinctive charm appealing to creative or specialized tenants.
Cons
MLS Listing Discrepancy: 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.
Age of Building & Infrastructure: 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.
Extensive Renovation Required: 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.
Specialized Current Configuration: While offering flexibility, the existing 'Artist-In-Residence' setup may necessitate significant modifications to appeal to a broader range of commercial or residential tenants, potentially increasing initial conversion costs.