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Two-Story Duplex with Private Balcony

6506 W 6th St, Los Angeles, CA 90048

For Sale
$1,898,000
Under Contract

Residential Income, Los Angeles, CA

Property Size3,639 SF
Lot Size0.14 Acres
Price / SF$521.57
Days on Market48

Property Features for 6506 W 6th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR2
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 6, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2
Parking 4
Parking features Garage
Directions South of 3rd St., north of Wilshire, east of La Cienega, west of Crescent Heights
Subdivision Beverly Center-Miracle Mile
Standard status Active Under Contract
APN 5510-024-024
Size 3,639 SF
Lot size 0.14 Acres

Utilities

Heating system Forced Air

Amenities

fireplace
private balcony
enclosed backyard
laundry rooms
hardwood floors
high ceilings
French windows

Building Details

Year built 1927
Floors in Building 2
Number of units 2
Buildings 1
Listing Agency: Compass
Listed By: Allison Schwarz · License CA #01878458
Added: Sep 29 Changed: Oct 26 Last Checked: Nov 15 at 3:06AM
MLS# 26993543

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1927, this 3,639-square-foot duplex contains two adjoining townhouse-style residences, each arranged over two levels. Interior features include living rooms with fireplaces, formal dining rooms, generous bedrooms, large kitchens, separate laundry rooms, hardwood floors, and a mix of updated and period bathrooms. One unit is to be delivered vacant. The east residence has a second-floor hallway balcony and access to an enclosed backyard area. Three single-car garages serve the property.

The 0.1435-acre site is in Los Angeles and is zoned LAR2. Separate side entrances provide access to the two residences.

Key Highlights

  • Two side‑by‑side, two‑story residences in a 3,639‑square‑foot duplex
  • One unit to be delivered vacant
  • Three single‑car garages

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,550
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,271,000 $1.3M
Cap Rate 7%
$907,857 $907.9K
Cap Rate 9%
$706,111 $706.1K
Market Conditions
NOI Build-Up for 3,639 SF
Gross rent
$98.3K $27.00/SF
− Vacancy
−$7.5K −$2.05/SF
EGI
$90.8K $24.95/SF
− OpEx
−$27.2K −$7.48/SF
NOI
$63.6K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,271,000
Cap Rate 7%
$907,857
Cap Rate 9%
$706,111

Alternative Uses

Best Use
Multifamily LT 5
$907.9K
$794.4K – $1.06M (±1% cap)
NOI $63,550 @ 7.0% cap · market cap 3.35%
Second Best
Apartment 5plus
$836.5K
$731.9K – $975.9K (±1% cap)
NOI $58,554 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,353 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

8,304
Businesses Nearby

Demographics for 90048, CA

22,604
Population
13,733
Households
1.6
Avg Household Size
39
Median Age
69%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
11,897
Density / Sq Mi
$104,227
Median Household Income
$83,951
Median Earnings
$2,359
Median Rent
$1,847,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Los Angeles, CA

$505 Jul
$513 Aug
$528 Sep
$521 Oct

Properties on Market for Duplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two side-by-side residences include separate laundry rooms, garage parking, and one unit scheduled for vacant delivery.
Where is this duplex located?
The property is located at 6506 W 6th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,898,000.
What are key features of this property?
This property features: Two side‑by‑side, two‑story residences in a 3,639‑square‑foot duplex; One unit to be delivered vacant; Three single‑car garages
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