3 months on rocket

6556 S Western Ave, Los Angeles, CA, 90047

$950,000

0.19 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #24428661
Lot Size0.19 Acres
StatusActive

About 6556 S Western Ave

This property consists of a 1,925 sq.ft. building with 200 sq.ft. of office space on a 8,216 sq.ft. lot. Two grade level doors (20' x 10') and a gated and secure parking lot are also in place. Auto repair tenant pays $4,000 on a month-to-month lease, giving the new owner the ability to be an owner-user or landlord with stable income. Busy auto shop has steady demand for its recession-proof services. At only $115 per square foot of land, the property is priced to sell. Ask the listing agent about a state grant in place for site remediation. This site offers a savvy investor or developer a wide variety of options plus the ability to have an income-generating property during entitlement and development process. The city of Los Angeles has declared a state of emergency around homelessness and has pledged a streamlined entitlement and permitting timeline for 100% affordable projects. No parking is required for 100% affordable projects. Please do not disturb tenants.

Property Details

Property Features

Listing Office:

  • Office Name: Maher Commercial Realty
  • Office Phone: (310) 464-1453
  • Listing Agent: Nicole Lu

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Other

Directions Information:

  • Directions: West on Route 42, North on S. Western Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

Tax Information:

  • Annual Amount: $2,069
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

6556 S Western Ave vs Los Angeles

90 DAYS ON ROCKET

+52 Days

$950,000

-$73.4K Less

KEY TAKEAWAY

This property is $73.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24428661

Listing Office:

  • Office Name: Maher Commercial Realty
  • Office Phone: (310) 464-1453
  • Listing Agent: Nicole Lu

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 5:21:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 18, 1990Home Sold
$78,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,069$133,388
2020$2,018$132,021
2019$1,822$129,433
2018$1,789$126,896
2017$1,789$124,409

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-223618
5
/10
  • Learning by Design Charter

  • 7019 S Van Ness Ave

  • 0.59 miles

  • Public Charter Grades KG-5

school-card-donut-223619
5
/10
  • 74th Street Elementary School

  • 2112 W 74th St

  • 0.64 miles

  • Public District Grades KG-5

school-card-donut-223620
3
/10
  • 59th Street Elementary School

  • 5939 2nd Ave

  • 0.79 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,855. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6556 S Western Ave

What is the listing price of this property?

The listing price of 6556 S Western Ave property is $950,000.

What type of property is this?

The property 6556 S Western Ave is land located in Los Angeles, California, 90047.

Is this property for sale now?

Active Listing: 6556 S Western Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,069 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 18, 1990 for $78,500. (source: MLS/tax record).

How much acreage is this property?

The property 6556 S Western Ave is 0.19 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900476556 S Western Ave

This home is located at 6556 S Western Ave in Los Angeles, CA and zip code 90047 in the South LA neighborhood. This home sits on a 0.19 acre lot. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $950,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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