6601 Miramonte Boulevard, Los Angeles, California 90001, Los Angeles, 90001 - 5 bed, 3 bath
6601 Miramonte Boulevard
Los Angeles, California 90001
Property Price
SUMMARY
Analysis of 6601 Miramonte Boulevard, Los Angeles, California 90001 reveals a Prime Investment Opportunity with a current list price of $700,000—significantly undercutting the $817,485 Fair Market Value by 14%. This valuation gap indicates a +$117,485 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6601 Miramonte Boulevard Subject | $700,000* List Price | 5 | 3 | 2,312 | $354 | - |
A 1419 E 61st Street E Sold | $535,000 | 5 | 2 | 1,833 | $292 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1940, the property is functional but shows significant signs of age and requires 'TLC' as noted in the listing. The kitchen and bathrooms feature outdated cabinetry, older appliances, and vintage tiling likely from a renovation over 20 years ago. While the home appears maintained, the presence of an unpermitted addition and dated systems align with the 'fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Potential
The 'two on a lot' configuration provides exceptional versatility, offering the opportunity for rental income from one unit while living in the other, or accommodating multi-generational families.
- Spacious Living Areas
With over 2,300 square feet of living space, including five bedrooms and a dedicated den/office, the property offers a generous footprint rarely found at this price point.
- Large Lot and Parking
The substantial 8,712 square foot lot includes a two-car garage and ample outdoor space, providing significant value and utility in a dense urban market.
CONSRISKS & DEFICIENCIES
- Unpermitted Addition
The existence of an unpermitted addition may complicate traditional financing options and could require future remediation to meet city building codes.
- Deferred Maintenance
The property is noted as needing 'TLC,' suggesting that immediate capital investment will be required for repairs and cosmetic updates to bring it to its full potential.
About 6601 Miramonte Boulevard
Wonderful two on a lot property. Front unit features: 2 Bedrooms, 2 Full baths, Den/office, Fireplace, Dinning Area, Large Living Room, Spacious Kitchen with laundry area and more. The rear unit features 2 Bedrooms, Full Bath, Kitchen, Laundry Area, Two Car Garage and more. This lot has a small unpermitted addition. With just a little TLC, this would be a wonderful home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 3.0 | 1.0 | 90% |
| Square foot | 2,312 | 1,075 | 97% |
| Lot Size | 8,712 | 5,321 | 93% |
| Price | $700.0K | $575.0K | 86% |
| Price per sq ft | $303 | $541 | 10% |
| Built year | 1940 | 1926 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 175 | 3% |
Pricing History
Listed for Sale
Mar 2, 2026
$700,000
Initial Listing