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6011 Pine Crest Dr, Los Angeles, CA 90042

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For Sale

$1,260,000

6 beds • 2,609 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $482.94
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

We are pleased to present for sale this rare Single Story multifamily property comprised of a 1948 & 1955 built 3-unit building (allowing for residential financing) in prime Highland Park. The offering includes one VACANT 991 Square Foot, 2 Bed & 1 Bath standalone unit (built in 1955), and a duplex built in 1948, making it ideal for an owner-user! The property is being sold alongside 2 Units next door for $635,000! Two Separate APN's! Located at 6011 Pine Crest Drive and 6018 Monterey Rd, this property sits in one of Los Angeles' most sought-after neighborhoods. It represents a unique opportunity for an owner-user to live in a tri-plex while generating income from the adjacent duplex, or for an investor to reposition as a TIC, develop multiple ADUs, or explore future Small Lot Subdivision on the expansive combined 15,149 SF lot. The property features an all 2-bedroom, 1-bath unit mix, totaling approximately 4,227 SF, W/D in each unit, and six garage parking spaces on Monterey. The beautifully updated vacant unit includes new vinyl windows, fresh paint, engineered flooring, turf, central air, gorgeous hardwood floors, and an in-unit washer and dryer! Zoned (Q) RD1.5-HCR, it offers significant long-term investment and development potential. The property is strategically located within minutes to Highland Park's Famous Retail Corridors: Figueroa and York and the Gold Line! Residents can dine at local favorites: Mendocino Farms, Jeni's, HomeState, Kitchen Mouse, Highly Likely, Highland Park Bowl, Villa's Taco's, Triple Beam, and Hippo, to name a few! It's surrounded by South Pasadena and minutes to DTLA! It boasts a walk score of 77 ("very walkable"), where most errands can be accomplished on foot! Disclosure: Buyers are advised to conduct thorough due diligence, including but not limited to verification of legal building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, and the feasibility of constructing ADUs, additional units, or development feasibility. Listing Agent and Broker do not make any guarantees or representations as to the accuracy of the information provided.
MLS# 25612655

Courtesy Of RE/MAX Commercial & Investment

(213) 817-1000

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.17 Acres

Map and Directions

Directions to 6011 Pine Crest Dr, Los Angeles, CA 90042

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.