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Sold for $2,000,000
  • Listed by: Tower-60 • Michael Edwards • Contact: 310-877-6488
    Bought with: NONMEMBER MRML
    Tax assessed value
    $2,000,000

    418 W 6th St, Los Angeles, CA 90731

    2beds
    13baths
    7,450sqft
    Mixed Use
    Built in 1912
    -- sqft lot
    $1,988,900 Zestimate®
    $268/sqft
    $2,345 Estimated rent

    Home value

    $1,988,900

    $1.79M - $2.21M

    $2,345/mo

    Zestimate® history
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    What's special

    Back on Market! New roof on main and back house, updated electrical, sewer line clear to the street and many more upgrades. Rare opportunity to own a mixed-use property in prime downtown San Pedro! This property features 12 updated studios, 2 retail stores, and a detached single family 2 bedroom house with private alley access. Enjoy the tranquil setting of the private courtyard with lemon and peach trees, as well as the convenience of on-site laundry and walking distance to shopping and dining. Only three blocks to the new re-developed Ports O Call and one block to San Pedro Brewing Co. The studios are spacious and bright, with updated kitchen cabinets, new windows, low flow toilets, pedestal sinks, classic claw foot tubs, and copper plumbing. The studios have had seismic work improvements along with updated alarm/fire systems for safety and peace of mind. All units individually metered, tenants pay electricity and gas. Retail stores are located on the ground floor of the main building, facing a busy street with high visibility and foot traffic. Don’t miss this chance to own a one-of-a-kind property in a prime location!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Edwards DRE #01438452 310-869-8255,

    Tower-60

    Bought with:

    General NONMEMBER, DRE #02007857

    NONMEMBER MRML

    Source: CRMLS,MLS#: SB24032227MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 13
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Balcony, Multiple Staircases
    • Flooring: Wood
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,450
    • Total interior livable area: 7,450 sqft

    Property

    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 2
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 6,252 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7455004016
    • Zoning: LAC2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Copper Plumbing
    Condition
    • New construction: No
    • Year built: 1912

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $268/sqft
    • Tax assessed value: $2,000,000
    • Annual tax amount: $27,368
    • Date on market: 2/15/2024
    • Cumulative days on market: 328 days
    • Listing terms: 1031 Exchange
    • Total actual rent: 13600
    • Tenant pays: Cable TV, Electricity, Gas

    Price history

    DateEventPrice
    10/10/2024Sold$2,000,000+488.2%$268/sqft
    Source: CRMLS #SB24032227 Report a problem
    12/2/1994Sold$340,000$46/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$27,368 +167.4%$2,000,000 +256.5%
    2024$10,236 +2%$560,975 +2%
    2023$10,033 +4.1%$549,998 +2%
    2022$9,636 +1.4%$539,236 +2%
    2021$9,501 -0.6%$528,685 +1%
    2020$9,557 $523,276 +2%
    2019$9,557 +4.4%$513,038 +2%
    2018$9,157 $503,001 +2.2%
    2017$9,157 +2.1%$492,060 +2%
    2016$8,971 +3.4%$482,412 +1.5%
    2015$8,676 $475,167
    Find assessor info on the county website

    Neighborhood: San Pedro

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,988,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,988,900