See Home Value
$1,075,000*
House - Off Market

6166 Oak Crest Way

Los Angeles, CA 90042
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1203 Sqft
$968,000 - $1,182,000
Reference Base Price*
0.00%
Since Dec 1, 2023
CA-Los Angeles
Primary Model
Sold Nov 14, 2023
$925,000
$985,235 by Anchor Loans Lp
Mortgage
Sold Jun 14, 2022
$1,000,000
$800,000 by Arixa Enchanced Income Fund Lp
Mortgage Due Jun 01, 2023

About This Property

The adjacent property at 6162 Oak Crest Way is also on the market and presents an opportunity for buyers to acquire both properties as a package deal. Welcome to 6166 Oak Crest Way in Highland Park, an SB 8 exempt single-family home. The home features two bedrooms and one bathroom, spanning 1,203 square feet and situated on a spacious 6,513 square foot R1 zoned lot (45' by 145'). The buyer and/or buyer's agent should verify the construction feasibility, as this lot allows for the development of a total of 5 units, including 2 permitted by-right units, 1 attached ADU, and 2 detached ADUs. Additionally, the lot can be developed simultaneously with the adjacent property for added flexibility. The neighboring lot, 6162 Oak Crest Way, is also available for sale, boasting the same lot size of 6,513 square feet (45' by 145'). It features RD1.5 zoning and an SB 8 exemption. Within minutes of these properties, you'll discover a wealth of local favorites, including renowned establishments like Joy, Kitchen Mouse, and Kumquat, along with a delightful assortment of shops, restaurants, and cafes located on York and Figueroa. Conveniently situated, you'll also enjoy easy access to major highways such as the 110 and 134, as well as the nearby neighborhoods of Eagle Rock, Pasadena, and South Pasadena. Buyer's responsibility includes verifying all zoning regulations and building feasibility with the Los Angeles Department of Building and Safety (LADBS) and other relevant city departments. To obtain further details or to arrange a showing, please contact the listing agent.

The manager has listed the unit size as 1203 square feet.
Unit Size
1,203Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$894
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1914

Price History

Date / Event Date Event Price
Nov 18, 2023 No longer available -
No longer available
Nov 17, 2023 In contract -
In contract
Nov 16, 2023 No longer available -
No longer available
Nov 14, 2023 Sold $925,000
Sold
Oct 21, 2023 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,514
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,203
  • Building Area: 1,203
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,203
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1318
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 1318 LOT/SEC 77

Ownership

  • Current Owner : URBAN CITIES DEVELOPMENT INC
  • Previous Owner : BBC OAK CREST LLC
  • Owner Before Previous Owner: ALICE V LOPEZ TRUST
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 183101

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 26-D6
  • Subdivision Tract Number: 1318
  • Parcel: 5483-016-004
  • Lot: 77
  • Municipality: EAST /LA HIGHLAND PK
  • Latitude: 34.125
  • Longitude: -118.185

    Address

  • Full Address: 6166 Oak Crest Way
  • Address - House Number: 6166
  • Address - Street Name: Oak Crest
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C047
  • 4-Digit Zip Code: 1310
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $573
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 96
  • Final Value: 1,038,237
  • High Value: 1,108,451
  • Low Value: 968,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $985,235
  • First Open Lien Mortgage Lender: ANCHOR LOANS LP
  • First Open Lien Mortgage Recording Date: Nov 14, 2023
  • First Open Lien Mortgage Loan Amount: $985,235
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,020,000
  • Assessed Land Value: $816,000
  • Assessed Improvements Value: $204,000

    Sales

  • Current Sale Contract Date: Oct 16, 2023
  • Current Sale Recording Date: Nov 14, 2023
  • Current Sale Transaction ID: 11915909809
  • Current Sale Price: $925,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 783919
  • Previous Sale Recording Date: Jun 14, 2022
  • Previous Sale Contract Date: May 16, 2022
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANCHOR LOANS LP
  • First Mortgage Transaction Date: Nov 14, 2023
  • First Mortgage Loan Amount: $985,235
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: ARIXA ENCHANCED INCOME FUND LP
  • Previous Mortgage Transaction Date: Jun 14, 2022
  • Previous Mortgage Loan Amount: $800,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jun 01, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1.5 Baths
1,082 ft²
$920/ft²
$995,000 Oct 18, 2023
-
-
House
2 Beds
2 Baths
1,076 ft²
$1,086/ft²
$1,168,000 Nov 6, 2023
-
-
House
3 Beds
2 Baths
1,082 ft²
$1,040/ft²
$1,125,000 Oct 24, 2023
-
-
House
2 Beds
1 Bath
1,372 ft²
$728/ft²
$999,000 Oct 27, 2023
-
-
House
3 Beds
3 Baths
1,510 ft²
$655/ft²
$989,000 Nov 6, 2023
-
-
House
3 Beds
2 Baths
872 ft²
$1,088/ft²
$949,000 Nov 3, 2023
-
-
House
3 Beds
1 Bath
720 ft²
$1,249/ft²
$899,000 Nov 9, 2023
-
-
Multifamily
4 Beds
2 Baths
1,576 ft²
$571/ft²
$900,000 Oct 2, 2023
-
-
Multifamily
4 Beds
2 Baths
1,840 ft²
$644/ft²
$1,185,000 Nov 20, 2022
-
-
Multifamily
6 Beds
3 Baths
2,212 ft²
$570/ft²
$1,260,000 Oct 15, 2023
-
-

About East LA


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Frequently Asked Questions

When was property at 6166 Oak Crest Way built and last sold?
The property at 6166 Oak Crest Way was built in 1914 and last sold on Oct 16, 2023 for $925,000.
How much is this home worth?
The estimated value of the home located at 6166 Oak Crest Way is $1,078,857.
What are some comparable homes to 6166 Oak Crest Way?
There are currently no comparable homes to 6166 Oak Crest Way.

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