6111 Horner St, Los Angeles, CA 90035
SOLDAPR 10, 2024

6111 Horner St
Los Angeles, CA 90035

Pico-Robertson
  • 13 Beds
  • 11 Baths
  • 6,472 sqft
  • 13 Beds
  • 11 Baths
  • 6,472 sqft

$2,565,000

Last Sold: Apr 10, 2024
1% below list $2.6M
$396/sqft
Est. Refi. Payment $16,289/mo*

Homes for Sale Near 6111 Horner St

Local Information

map showing home location
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Commute Destination

Description

This property is no longer available to rent or to buy. This description is from April 10, 2024
The initial Capitalization Rate (CAP) of 5.10% for 6111 Horner St is notably enticing. The current owners have diligently maintained the property, consistently raising rents and revamping units with meticulous effort and style upon tenant turnover. This proactive approach has significantly boosted income over their ownership tenure. The property features a diverse unit mix, including a studio, three 2+2's, one 2+1, one 3+2 townhouse, and a 2+1 Accessory Dwelling Unit (ADU). This diversity not only mitigates risk for savvy investors but also broadens the appeal to a range of tenants, thereby enhancing the property's long-term value and ensuring a more stable and profitable investment. Additionally, select units offer private patios. Situated in the Pico-Robertson neighborhood, 6111 Horner St enjoys an exceptionally advantageous location. Central to the Westside, it provides convenient access to major employment centers in Century City and Santa Monica, with a short 1-mile drive to downtown Culver City and its vibrant entertainment and dining options. The property's front parking adds to its convenience and accessibility, accommodating up to four vehicles in four single spaces. Implementing utility bill-back as units are turned has proven successful, with 2/7 units currently on this program. Continuing this strategy ensures a fair distribution of utility expenses based on tenants' usage patterns, effectively transferring costs and further augmenting Net Operating Income (NOI) and cash flow for the new owner. Demographically, the property is situated in an affluent area, with an average household income (HHI) of $131,284 within a 1-mile radius and an even higher $133,795 within a 3-mile radius. This financial profile adds to the property's appeal and potential for sustained success.

Home Highlights

Parking
4 Open Spaces
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$396/sqft
Listed
68 days ago

Home Details for 6111 Horner St

Interior Features

Beds & Baths
Number of Bedrooms: 13Number of Bathrooms: 11
Dimensions and Layout
Living Area: 6472 Square Feet
Heating & Cooling
Heating: NoneNo CoolingAir Conditioning: NoneNo Heating
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
Open Parking Spaces: 4No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Open

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $2,600,000Price Per Sqft: $396/sqft
Status Change & Dates
Off Market Date: Wed Mar 06 2024

Active Status

MLS Status: Sold

Location

Direction & Address
City: Los Angeles

Building

Building Area
Building Area: 6472 Square Feet

Lot Information

Lot Area: 5675.868 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-360627
Last check for updates: about 11 hours ago
Listed by Saadia 'Sam' Liberow DRE # 01933858, (718) 406-3128
Marcus & Millichap, (818) 212-2700
Bought with: Saadia 'Sam' Liberow DRE # 01933858, (818) 212-2795, Marcus & Millichap, (818) 212-2700
Source: CLAW, MLS#24-360627

Price History for 6111 Horner St

DatePriceEventSource
04/10/2024$2,565,000Sold
CLAW #24-360627
03/06/2024$2,600,000PendingCLAW #24-360627
02/28/2024$2,600,000ContingentCLAW #24-360627
02/21/2024$2,600,000Listed For SaleCLAW #24-360627

Comparable Sales for 6111 Horner St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Multi-Family Home
$2,312,726
03/22/24
9
8
5,945
0.15
Multi-Family Home
$1,650,000
12/07/23
13
13
7,230
0.13
Multi-Family Home
$2,280,000
05/15/23
9
10
5,210
0.42
Multi-Family Home
$1,858,152
01/08/24
12
10
6,280
0.31
Multi-Family Home
$3,040,000
03/29/24
13
14
8,799
0.54
Multi-Family Home
$2,700,000
10/02/23
10
12
8,578
0.46
Multi-Family Home
$1,630,000
12/29/23
10
7
5,314
0.73
Multi-Family Home
$2,026,000
10/31/23
11
11
6,890
0.64
Multi-Family Home
$2,182,000
09/18/23
9
8
6,196

Assigned Schools

These are the assigned schools for 6111 Horner St.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Pico-Robertson

  • Shalipasamba7
    "Some dog owners don’t pick up after their dogs is one. Second, the streets here are not really well maintained. The trashcans are tipped over. Sometimes my dog eating something already. Its not safe to have trash around and it looks dirty like that"
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  • Trulia User
    "love it perfect location ! i feel very safe in this area as a woman, it’s a lot of people on foot walking and running. Just a cool place !"
    2
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  • Trulia User
    "Very quiet neighborhood despite being so close to a main street. We lucked out finding this little hidden gem in Mid City. Not all of it is this nice, but when it is, it’s amazing!"
    1
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  • Trulia User
    "I love the markets, places of worship, walking together with my friends. Overall, the restaurants are very good - stopping in with friends or family for Pizza, and the last minute run at the grocery markets! "
    0
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  • Trulia User
    "I've lived in this neighborhood for many years. Getting nicer and nicer. there are a lot of flowers and trees."
    2
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  • Trulia User
    "It’s a safe zone just need to be careful on cars rushing on the street during peak hours where by the do not stop "
    0
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  • Trulia User
    "It’s a great place for families. Neighbors are nice. The streets are narrow though, and a lot of people don’t drive very well over here. Lots of mini vans and big vehicles trying to go by each other and it can be very frustrating how people will just stop in the middle of the street and force you to drive around their big vans and cars. "
    0
    Flag
  • Trulia User
    "Quick 20-minute drive to Santa Monica and the beach. Great location for those who work on the west side."
    0
    Flag
  • Patrick F.
    "It’s clean, and although it’s probably way less fun for the dog, compared to Hollywood, because you don’t have to worry about your dog deciding to eat random chicken wings found laying in the sidewalk. There is one skunk in the neighborhood but I’ve only seen it at come out at night and I keep my distance but yeah something to keep in mind if you think you’re dog might attack it and then get sprayed. "
    3
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  • Zavosh R.
    "there are a lot of dog owners here. so it is dog friendly area but if your dog doesn't always get along with other dogs it may become annoying when you try to walk them."
    1
    Flag
  • Ehran H.
    "there are many dog owners, some friendly dogs and some not. it’s a cute community with some beautiful dogs. "
    0
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  • Wendy.l.hacker
    "There is a lot of traffic to get to the 10 or 405. The streets are packed on Pico, Fairfax and Crescent Heights. "
    3
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  • Vincent P.
    " Been living here for about a year and a half quiet neighborhood not bad at all no no crime that I’m aware of love the park that is close"
    6
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  • Jennifer L.
    "I have two dogs and there are so many dogs in the neighborhood! Everyone is friendly and we recognize so many neighbors by their dogs! "
    0
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  • Oktay O.
    "Safe family friendly neighborhood with minimal homeless problem or crime. Its also affordable and have important services like gas stations, pharmacy, grocery stores"
    2
    Flag
  • Mandvi T.
    "Everything is pretty accessible, WeHo, DTLA, BH Westwood, SM. Major freeways are within 10 minutes drive. "
    0
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  • Daniel R.
    "Centrally locates. Easy Access to the 10 Freeway. Can get to DTLA, Santa Monica, in under 20 minutes. And the valley and south beaches within 40. "
    5
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  • Tina D.
    "It’s pretty safe For the most part being close to Beverly Hills. You get the benefits of that with more affordable pricing. "
    6
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  • Gloriahayes03
    "There are plenty of dogs in the area and most of the owners including to dogs are friendly. Not many parks in the area for dogs though. "
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  • Eli
    "It’s one of the most expensive areas in Los Angeles, yet you’ll find a homeless person living on your block. "
    5
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  • Kat W
    "More space available than mid-city. Great trees. Can be sketchy and limited local merchant options. Pico is a great street."
    5
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  • Stefyis
    "A lot of constructions around here. Two way street gets pretty tight with both side street parking. "
    1
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  • Ginger M.
    "A lot of people on foot, especially on Saturdays due to a prevalent Jewish community. Many places to eat / take out from that are kosher / non-kosher within blocks of leaving the house. "
    1
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  • Wadeknowsfire
    "I miss my dog and wish I could have brought him here. Beverly Hills is beautiful and the puppies and life here has been amazing. "
    1
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  • Mcliam
    "Close and convenient to the 10, centrally located, easy to get to mid city, downtown, west side, Culver City. Traffic can be hairy but it’s LA."
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  • Pamela N.
    "the schools have high ranking API scores. My children have been going to the school since they were in preschool. They have proven to be very caring and invested educators."
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  • Gunnerica
    "I’ve lived in this Neighborhood my whole life and have never had any issues! It’s a perfect location and well located close to nice attractions! "
    2
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  • Carlos
    "Very large Jewish community so most of the restaurants and grocery stores are kosher. Very central, downtown 30 min away, beach is 20 min away, north hollywood 30 min."
    1
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LGBTQ Local Legal Protections

© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 6111 Horner St

Off Market Homes Near 6111 Horner St

6111 Horner St, Los Angeles, CA 90035 is a 13 bedroom, 11 bathroom, 6,472 sqft multi-family built in 1964. 6111 Horner St is located in Pico-Robertson, Los Angeles. This property is not currently available for sale. 6111 Horner St was last sold on Apr 10, 2024 for $2,565,000 (1% lower than the asking price of $2,600,000). The current Trulia Estimate for 6111 Horner St is $2,576,200.