John E Burge

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340 W 62nd StreetLos Angeles, CA 90003

Multi-Family · 4,112 Sq. ft. | 0.19 Acres
$999,800 Active

340 W 62nd Street Overview

Time on Site:
115 days
Visits:
0

Corner property has two address: House = 340 w. 62nd St & 4 units = 6210 Grand Ave. All units are 2 bedrooms & 1 bath. House & 2 units had been upgraded. Property is very private secured gate & fences with lock access. Property is well-maintained. Property has camera system in common area and parking areas. Property has many lights and well led at night. Total 10 parking space, 4 parking spaces in the front & 6 parking in the back. Each unit has 2 parking spaces.

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340 W 62nd Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,112
  • Price/Sq.ft. $243
  • Lot 0.19 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: Community Apartment

Income/Expenses

  • Gross Scheduled Income: 96612.0
  • Insurance Expense: 3779.0
  • Net Operating Income: 71607.0
  • New Taxes Expense: 14375.0
  • Operating Expense: 25005.0
  • Trash Expense: 3193.0
  • Water Sewer Expense: 3358.0

Listing Information

  • Contingency: Agent & sellers do not guarantee the accuracy of information related to condition, features square footage or usage of property . All information was obtained from public records. Buyer is advised to independently verify all information through the appropriate professionals.

Building Information

  • New Construction: No
  • Year Built: 1915

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C42 - Downtown L.A.
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

General Information

  • Disclosures: City Inspection Required
  • Listing Terms: Cash to New Loan
  • Parcel Number: 6005003044
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LAR2

Interior

Parking Information

  • Garage Spaces: 10.0
  • Garage: Yes

Building Interior

  • Building Area Total: 4112.0
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: Parking
  • Common Walls: 1 Common Wall
  • Door Features: Atrium Doors
  • Electric: Standard
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Foundation Details: Raised,Slab
  • Interior Features: All Bedrooms Down,French Door(s)/Atrium Door(s)
  • Laundry Features: None
  • Levels: Two
  • Security Features: Closed Circuit Camera(s),Security Gate,Smoke Detector(s),Security Lights,Window Bars
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2
  • Window Features: Blinds

Exterior

Parking Information

  • Parking Features: Assigned
  • Parking Total: 10.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.1872
  • Lot Size Area: 8155.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8155.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Bungalow
    • Construction Materials: Frame
    • Direction Faces: West
    • Property Attached: Yes
    • Roof: Shingle

    General Information

    • Exterior Features: Lighting
    • Fencing: Chain Link
    • Number Of Units Total: 5
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street
    • Sewer: Public Sewer
    • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected

    340 W 62nd Street Neighborhood

    Community

    90003 (LOS ANGELES) Demographics

    29
    Median Age
    20,870
    Population Density (per sq. mile)
    10%
    College Educated
    $42,220
    Estimated Median Income
    4,717
    Estimated Total Home Owners
    12,825
    Estimated Total Renters
    27% / 73%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    340 W 62nd Street Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    340 W 62nd Street Market Data

    Based on the last 30 days in this zip code

    $629,258
    Average List Price
    $499
    Average Price per Square Foot
    19
    Properties Sold
    133
    Average Days on Market
    145
    Properties for Sale
    Calculations provided by Reliance Network

    340 W 62nd Street History

    Date Event Value Agent
    5/1/2026Source: CRMLS Price Reduction
    $999,800 -8.9%
    3/6/2026Source: CRMLS Added to Database
    March 06, 2026
    9/12/2022Source: CRMLS Added to Database
    September 12, 2022
    6/22/2022Source: TheMLS (CLAW) Added to Database
    June 22, 2022
    Listing provided courtesy of Elite Homes RealtyTony Lee- MLS# OC26017109MLS ProviderContact Information: [email protected] - 714-820-4030
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