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6501 Commodore Sloat Drive, Los Angeles, California 90048, Los Angeles, 90048 - 5 bed, 2 bath

6501 Commodore Sloat Drive, Los Angeles, California 90048 home-pic-0
ACTIVE$1,925,000
6501 Commodore Sloat Drive, Los Angeles, California 90048
5Beds
2Baths
2,865Sqft
7,494Lot
Year Built
1924
Close
-
List price
$1.93M
Original List price
$1.93M
Price/Sqft
$672
HOA
-
Days on market
-
Sold On
-
MLS number
25619979
Home ConditionPoor
Features
Pool
Patio
View-

About this home

Great Deal:The estimated price is 12% above the list price. We found 3 Cons,5 Pros. Rank: price - $1.93M(23th), sqft - 2865(65th), beds - 5(77th), baths - 2(27th).

Rare opportunity to create a 5 bedroom SFR: This 1924 side-by-side Spanish duplex with a pool is nestled in the highly sought-after Carthay Circle HPOZ neighborhood. The property offers significant upside potential, whether you choose to remodel this cosmetic fixer as an investment or transform it into a five-bedroom dream home. (Buyer is advised to investigate the Ellis Act.) Both units, 6501 and 6503, are planned to be delivered vacant, making this an ideal opportunity for an owner-user or an investor. Recent upgrades include foundation repair, sewer line replacement, solar installation, HVAC Mini Splits in unit 6503, and fresh paint in unit 6501, among others. This prime location offers a unique neighborhood vibe, known for its large annual Halloween party. It is conveniently located near the Academy Museum, LACMA, The Grove, Beverly Hills, multiple restaurants, La Cienega Park, and the Beverly Hills Tennis & Pickleball Center. Furthermore, the new Wilshire/La Cienega Metro D Line station is just blocks away, connecting directly to LAX, DTLA, and beyond.

Price History

Date
Event
Price
11/21/25
Listing
$1,925,000
05/05/22
Sold
$1,633,000
Condition Rating
Poor
The property, built in 1924, is explicitly described as a 'cosmetic fixer' requiring 'extensive renovation.' While some major systems like foundation, sewer, solar, and HVAC mini-splits have been recently upgraded, the interior finishes, particularly the kitchens and bathrooms, are severely outdated. The kitchens feature old tiled countertops, dated cabinetry, and appliances that appear to be 30-50+ years old. Bathrooms also show significant age with worn wooden vanities and older tile work. The overall aesthetic and functionality of these key areas require substantial rehabilitation to meet current standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Location & Desirable Neighborhood: Nestled in the highly sought-after Carthay Circle HPOZ, the property boasts proximity to major cultural attractions like the Academy Museum, LACMA, The Grove, Beverly Hills, and various amenities, offering a vibrant community lifestyle.
Significant Upside Potential: This rare side-by-side Spanish duplex presents a unique opportunity to be transformed into a spacious 5-bedroom single-family residence or remodeled as a lucrative investment property.
Vacant Delivery of Both Units: Both units are planned to be delivered vacant, providing immediate flexibility for an owner-user to move in or for an investor to commence renovations without the complexities of tenant relocation.
Recent Major Infrastructure Upgrades: Key structural and system improvements, including foundation repair, sewer line replacement, and solar installation, mitigate common concerns associated with older properties and reduce immediate capital expenditures.
Excellent Public Transit Access: The property benefits from its close proximity to the new Wilshire/La Cienega Metro D Line station, offering convenient and direct connectivity to LAX, Downtown LA, and beyond.

Cons

Requires Extensive Renovation: Described as a 'cosmetic fixer,' the property will require significant additional investment and effort to achieve its full potential as a modern dream home or high-value rental.
HPOZ Renovation Restrictions: Being located within the Carthay Circle Historic Preservation Overlay Zone (HPOZ) means any exterior renovations or significant alterations will be subject to strict design guidelines and approval processes, potentially increasing costs and project timelines.
Ellis Act Investigation Advisory: The explicit advice to investigate the Ellis Act suggests potential complexities or historical issues related to tenant rights or the conversion from multi-family to single-family use, which could involve legal hurdles or significant costs.

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