StatusAccepting Backup Offers (Active Under Contract)
About 6079 La Prada St
6079 La Prada Street is a unique, one-of-a-kind 13-unit apartment community located a few blocks north of the intersection at York Boulevard and N. Figueroa Street in Highland Park. Built by the current ownership in 1985, the property is not fully subject to LA’s Citywide Rent Control Measures. (Annual rent increases of 8-10% are allowable, according to CA AB 1482) 6079 La Prada Street consists of a 3-story residential building measuring 11,860 SF in building area, sitting upon nearly 11,560 SF of land. The unit mix includes 10 large studio units with plentiful closet/shelf storage, windows/balconies providing natural light, and full kitchens, 2 comfortably spacious 1B/1B units with balconies, and a 3B/2B ground-level unit w/ a private patio which faces La Prada Street to the south. In total, the property includes 10 parking spaces (6 Surface, 4 Garage) in the rear. This property presents a new owner/investor with a unique value-add opportunity to maximize income and value through a robust rehab/renovation strategy. 6079 La Prada Street is separately metered for Gas and Electricity and Earthquake Emergency Shutoff Valves have been installed on all gas meters. The lower level contains the ground-level unit, which has rear access to a spacious lounge area fully renovated in 2020, a communal laundry facility with coin-operated machines (units do not have in-unit laundry hookups), and a small bonus room which may be used for storage. The lounge, which currently has a working sink, opens into the garage, and may carry ADU conversion potential. (Buyer to Verify) The property has been well maintained by the current ownership throughout a nearly 40-year hold period, with some units having been partially renovated. No units have been brought up to top-of-market condition for 2024-2025 so the property holds tremendous upside potential. Copper plumbing has been installed throughout 6079 La Prada St. The proforma cap rate is 5.07% and the proforma GRM is 12.94 post-rehab/renovation. The current ownership is a Non-Profit Organization but 6079 La Prada St. can operate as a traditional market-rate apartment complex (w/ regular rental unit registration, SCEP inspections, etc.) It can be purchased individually or together with 2 adjacent parcels: 6817-6819 N. Figueroa St. (21-Unit Apt. Constr. 1954-1955) & 6801 N. Figueroa St. (4-Suite Corner Retail Constr. 1974) Altogether, the portfolio covers just over 1 Acre of contiguous residential land in Highland Park.
Property Details
Property Features
Property Information:
Year Built: 1985
Stories: 3
Listing Office:
Office Name: Growth Investment Group Pasade
Office Phone: (626) 340-3826
Listing Agent: Evan Monroe
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 4 spaces
Parking: Garage, Unassigned
Lot Features
Lot Information:
Lot Size: 0.26 Acres
School Info
Assigned Schools Information:
Eagle Rock High School, Public Magnet Grades 7-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Luther Burbank Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Annandale Elementary School, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: Located on La Prada St. near the intersection of La Prada and N. Figueroa St. just South of Hillandale Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $3,310,000
Tax Information:
Annual Amount: $16,329
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.3M more 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: #AR24039531
Listing Office:
Office Name: Growth Investment Group Pasade
Office Phone: (626) 340-3826
Listing Agent: Evan Monroe
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: 5/7/2024, 9:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 25, 1988
Apr 25, 1988Home Sold
$44,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$16,329
$1,265,241
2020
$837
$1,252,268
2019
$4,216
$1,227,715
2018
$15,144
$1,203,644
2017
$15,144
$1,180,044
History based on county public records data.
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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.
Elementary School
5
/10
Annandale Elementary School
6125 Poppy Peak Dr
Distance between this listing and this school0.19 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.50 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school26.59 miles
Public Magnet Grades 1-5
Middle School
4
/10
Luther Burbank Middle School
6460 N Figueroa St
Distance between this listing and this school0.48 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.19 miles
Public District Grades 6-8
High School
7
/10
Eagle Rock High School
1750 Yosemite Dr
Distance between this listing and this school1.16 miles
Public Magnet Grades 7-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school6.26 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school18.56 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
Annandale Elementary School
6125 Poppy Peak Dr
Distance between this listing and this school0.19 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.50 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school26.59 miles
Public Magnet Grades 1-5
Assigned Schools
4
/10
Luther Burbank Middle School
6460 N Figueroa St
Distance between this listing and this school0.48 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.19 miles
Public District Grades 6-8
Nearby Schools
5
/10
Arroyo Seco Museum Science
4805 Sycamore Ter
Distance between this listing and this school1.89 miles
Public Magnet Grades KG-8
Assigned Schools
7
/10
Eagle Rock High School
1750 Yosemite Dr
Distance between this listing and this school1.16 miles
Public Magnet Grades 7-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school6.26 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school18.56 miles
The neighbors living near this home have an average income of $67,811. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6079 La Prada St
What is the listing price of this property?
The listing price of 6079 La Prada St property is $3,310,000.
What type of property is this?
The property 6079 La Prada St is a condo located in Los Angeles, California, 90042.
Is this property for sale now?
Accepting Backup Offers: 6079 La Prada St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 6079 La Prada St are: Annandale Elementary School: GreatSchools Rating 5/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Academy For Enriched Sciences: GreatSchools Rating 9/10Luther Burbank Middle School: GreatSchools Rating 4/10Studio: GreatSchools Rating 4/10Eagle Rock High School: GreatSchools Rating 7/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $16,329 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 25, 1988 for $44,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 6079 La Prada St is 1985.
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This home is located at 6079 La Prada St in Los Angeles, CA and zip code 90042 in the Northeast LA neighborhood. This home, which was built in 1985, sits on a 0.26 acre lot. It has been listed on Rocket Homes since February 27, 2024 and is currently priced at $3,310,000.
Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.
From Rocket Homes Real Estate and based on county public records data.
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. 
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