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Home » Real Estate » CA » Los Angeles » 90042 » 6538 Meridian Street, Los Angeles, CA, 90042

$1,595,000

6538 Meridian Street, Los Angeles, CA, 90042

5 Beds

4 Baths

2,155 Square Feet

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Public Remarks: New Broker, new price, new everything! This amazing two-on-a-lot is finally priced to sell, and sell it will.... very rapidly, so don't miss out. So many options here. You can rent them both for a lot of income. Or, more likely, live in one and rent the other. The photos are in sequence so you are first seeing the front unit and then the rear unit. The front unit has fewer bedrooms (two as opposed to three) but is larger than the rear unit. If 3 bedrooms is not a must for you, then this one would most likely become the owner's unit. Doesn't have a back yard, but has a massive front yard that acts like a back yard, which it is currently serving very nicely for the young children of the existing tenants. If one wanted to vacate that one and take it over as the new owner, there is a pretty easy pathway to do so within the housing department regulations. Your agent will know about it, or they can ask me if they do not. The rear unit (ADU) is brand new construction and quite architectural, with high ceilings, etc., as one can see in the photos. Depending on taste, one might want to make that the owner's unit. Or, it will be great to rent out and get at least $4500/mo for it. Either one of these dwellings will easily fetch that amount of rent (front is currently paying

Offered By

Silverwood Properties

Property Details

Property Type

Residential

Status

Active

Bedrooms

Bathrooms (Full)

Property Sub Type

Single Family Residence

Square Feet

2,155

MLS #

CL24367595

Flooring

Wood

Appliances

Disposal, Refrigerator

Heating

Central

Cooling

Central Air

Year Built

1902

ARCHITECTURAL STYLE

Craftsman

PARKING SPACES

View

Other

CITY

Los Angeles

COUNTY

Los Angeles

AREA

Listing

STATE

LATEST UPDATE

2024-04-19T02:39:21.591Z

PRICE CHANGE(S)

$1,649,000 Mar 12, 2024

$1,595,000 Apr 5, 2024

Property Details

Property Type Residential

Status Active

Bedrooms 5

Bathrooms (Full) 4

Property Sub Type Single Family Residence

Square Feet 2,155

MLS # CL24367595

Market Trends

New Properties On Market

107% Increase In New Listings

Average Asking Price

$1,041,773

$319,219 Decrease In Avg Asking Price

Average Asking Price / Sq. Ft.

$483

$174 Increase In List Price/Sq. Ft.

Data as of May 20, 2024. Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.

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The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.

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Based on information from this brokerage/Association of REALTORS® (alternatively, from the East Bay Regional Data MLS) as of 2024 (date the AOR/MLS data was obtained). 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. Properties may or may not be listed by the office/agent presenting the information.

Based on information from this brokerage/Association of REALTORS® (alternatively, from the East Bay Regional Data MLS) as of 2021 (date the AOR/MLS data was obtained). 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. Properties may or may not be listed by the office/agent presenting the information.