1136 W 6th Street $19,000,000


    1136 W 6th Street Los Angeles, CA 90017

    • 52 Beds
    • 53 Baths
    • 45,138 sq. ft.
    • Multi-Family
    • MLS# 23233291
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    Views: 13 Days On Market: 68

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    Property Details

    Description Tours

    Rare opportunity to acquire The Mint, a 42-unit luxury-boutique apartment community, not subject to Los Angeles city rent control, located in the highly desirable City West neighborhood of DTLA. The Property underwent an expansive renovation in 2016, costing over $12 million. The renovation includes expansive system upgrades such as electrical, plumbing, roof, elevator, and new windows along with extensive foundation, seismic retrofit work, and structural upgrades. The Property is equipped with numerous amenities including a fitness center, a rooftop terrace with sweeping city views and a grill, a business center, a game room, lounges, key-fob controlled access, and more. The Property features a strong unit mix of spacious and beautifully designed units including (8) studios, (16) 1+1, (7) 2+1 and (11) 2+2 units. interiors include 9' to 10' ceilings heights, open floor plans, in-unit washer and dryers, in-unit security systems, central air conditioning, and more. All units include luxury finishes, stainless steel appliances, beautifully designed kitchens and bathrooms, stone countertops and tile backsplashes, and exposed concrete walls and polished concrete floors. Additionally, the Property has potential to qualify for tax abatements under the Mills Act, which will reduce the overall annual tax burden. The Property boasts a 95 out of 100 Walk Score A Walker's Paradise and a 99 out of 100 Transit Score A Rider's Paradise. Tenants are in an amenity rich location and are conveniently within walking distance to an array of critically acclaimed restaurants, trendy bars and nightlife, shops, and entertainment venues. Also, the Property is centrally located 5 blocks from the Downtown Financial District, one of Los Angeles' most dominant employment hubs, and tenants. The Mint represents a rare opportunity for an investor to acquire a turnkey, fully renovated boutique apartment community in one of the strongest and most vibrant markets in Los Angeles.

    • General Features
      • Buyer Compensation 0.750 %
      • County Or Parish Los Angeles
      • Number Of Buildings 1
      • Number Of Units Total 42
      • One-Qtr Bathrooms 0
      • Property Condition Updated/Remodeled
      • Three-Qtr Bathrooms 0
      • YearBuilt 1923
    • Building Features
      • Appliances Dishwasher,Disposal,Microwave,Refrigerator
      • Bedrooms Total 52
      • Cooling Central Air
      • Full Bathrooms 0
      • Half Bathrooms 0
      • Heating Central
      • Laundry Features Washer Included,Dryer Included
      • Living Area 45138.00
    • Property Features
      • Lot Size Acres 0.24
      • Parking Total 42.00


    Carla Hoffman

    Carla Hoffman

    Global Real Estate Advisor

    DRE# 01993942

    916 Manhattan Ave

    Mobile Phone: 310-386-0697


    90017 (Los Angeles) Demographics

    32 Median Age
    38,321 Population Density (per sq. mile)
    38% College Educated
    $36,870 Estimated Median Income
    630 Estimated Total Home Owners
    11,308 Estimated Total Renters
    5% / 95% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    27,832 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $579,000 Median Sales Price
    9 Homes Sold
    12 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $19,000,000
        1/17/2023 3:05:00 PM New in Database Source: Multiple Listing Service New Value: $19,000,000

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        Based on information from California Regional Multiple Listing Service, Inc. as of 3/25/2023 2:22:48 PM. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.