6100 Southside Drive, East Los Angeles, California 90022, East Los Angeles, 90022 - 6 bed, 3 bath

6100 Southside Drive, East Los Angeles, California 90022 home-pic-0
ACTIVE$995,000$2,166/sqft
Est. Value: $1,005,246
1%
FairlyEstimate
6100 Southside Drive, East Los Angeles, California 90022
6Beds
3Baths
2,166Sqft
5,460Lot

Price Vs. Estimate

The estimated value ($1,005,246) is $10,246 (1%) lower than the list price ($995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating Potential / Multi-Generational Living: The property is uniquely divided into three separate units (7 beds, 5 baths total) with individual entrances and kitchens, offering significant potential for rental income or accommodating multiple families/multi-generational living.
Top Cons:
Zoning and Permit Compliance Risk: Listed as a Single Family Residence but functionally divided into three units, there's a significant potential risk regarding zoning compliance and the legality of the conversions, which could lead to costly remediation or limitations on future use.

Compared to the nearby listings

Price:$995.0K vs avg $650.0K (+$345,000)96%
Size:2,166 sqft vs avg 984.5 sqft96%
Price/sqft:$459 vs avg $60914%

More Insights

Built in 1940 (86 years old).
Condition: Despite being built in 1940, the property has undergone a comprehensive and recent renovation, including new kitchens, bathrooms, fresh paint, recessed lighting, new windows, a new roof, and updated plumbing and drain lines. All visible components in the images, particularly the kitchens and bathrooms, appear virtually new with modern finishes and appliances, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Year Built
1940
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$459
HOA
-
Days on market
-
Sold On
-
MLS number
DW26010836
Home ConditionExcellent
Features
Patio
View-

About this home

A house divided! Large remodeled 7 bedroom, 5 bath home on a gated corner lot with 2 car garage. The home was divided into 3 separate units with their own entrances and kitchens. Potential for multiple families to live together but separate OR as an investment with excellent monthly rent. Main house is 3 bedrooms, 2 bathrooms, smaller downstairs unit is 1 bedroom & 1 bathroom, and the upstairs unit is 3 bedrooms & 2 bathrooms. The owner recently updated the whole property with new kitchens and bathrooms, fresh paint through out, recessed lighting and more. Other improvements include new windows, new roof, and new plumbing and drain lines. The home is in East Los Angeles on the Montebello border near the 5, 710 and 605 freeways and close to DTLA and the Citadel Outlets.

M
Michael Berdelis
Listing Agent

Price History

Date
Event
Price
04/16/24
Sold
$805,000
03/17/20
Sold
$595,000
Condition Rating
Excellent

Despite being built in 1940, the property has undergone a comprehensive and recent renovation, including new kitchens, bathrooms, fresh paint, recessed lighting, new windows, a new roof, and updated plumbing and drain lines. All visible components in the images, particularly the kitchens and bathrooms, appear virtually new with modern finishes and appliances, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Pros & Cons

Pros

Income-Generating Potential / Multi-Generational Living: The property is uniquely divided into three separate units (7 beds, 5 baths total) with individual entrances and kitchens, offering significant potential for rental income or accommodating multiple families/multi-generational living.
Extensive Recent Remodel: The entire property has undergone a comprehensive update, including new kitchens, bathrooms, fresh paint, recessed lighting, new windows, a new roof, and updated plumbing and drain lines, minimizing immediate maintenance for a buyer.
Strategic Location & Accessibility: Located in East Los Angeles on the Montebello border, the property boasts excellent access to major freeways (5, 710, 605) and is conveniently close to Downtown LA and the Citadel Outlets, enhancing its appeal for commuters and access to amenities.
Gated Corner Lot with Two-Car Garage: The property sits on a gated corner lot, providing enhanced privacy and security, complemented by a two-car garage for secure parking and additional storage, a valuable asset in urban settings.
Turnkey Condition for Occupancy/Rental: With all major updates completed, including new kitchens, bathrooms, and essential infrastructure, the property is in a ready-to-move-in or ready-to-rent condition, reducing initial investment for the new owner.

Cons

Zoning and Permit Compliance Risk: Listed as a Single Family Residence but functionally divided into three units, there's a significant potential risk regarding zoning compliance and the legality of the conversions, which could lead to costly remediation or limitations on future use.
Age of Original Structure: Despite extensive modern updates, the core structure dates back to 1940. While major systems are new, potential buyers might still have concerns or face future costs related to the original foundation, framing, or other components not explicitly updated.
Lack of Defined Outdoor Amenities/View: The description does not highlight specific outdoor living spaces, patios, or significant recreational yard areas. Additionally, the property explicitly states 'View: None,' which may be a drawback for some buyers.
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