Back to Search Nalren

Sold for $1,525,000 · Jul 2024

SOLD

Listed at $1,595,000

Sold

6538 Meridian Street, Los Angeles, CA 90042

Los Angeles, CA

MLS# 24367723

2,155 Sq Ft • Property5bd • 4ba
46 days on market

Listing Agent

Ken Shapiro

Listing Agent

Silverwood Properties

DRE #: 01715663

Brokerage: Silverwood Properties

Property Details

5

Bedrooms

4

Bathrooms

2,155 sqft

Square Feet

1902

Year Built

0.23 acres

Lot Size

$708

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

Public Remarks: New Broker, new price, new everything! This amazing two-on-a-lot is finally priced to sell, and sell it will.... very rapidly, so don't miss out. So many options here. You can rent them both for a lot of income. Or, more likely, live in one and rent the other. The photos are in sequence so you are first seeing the front unit and then the rear unit. The front unit has fewer bedrooms (two as opposed to three) but is larger than the rear unit. If 3 bedrooms is not a must for you, then this one would most likely become the owner's unit. Doesn't have a back yard, but has a massive front yard that acts like a back yard, which it is currently serving very nicely for the young children of the existing tenants. If one wanted to vacate that one and take it over as the new owner, there is a pretty easy pathway to do so within the housing department regulations. Your agent will know about it, or they can ask me if they do not. The rear unit (ADU) is brand new construction and quite architectural, with high ceilings, etc., as one can see in the photos. Depending on taste, one might want to make that the owner's unit. Or, it will be great to rent out and get at least $4500/mo for it. Either one of these dwellings will easily fetch that amount of rent (front is currently paying $4100/mo but that is a bit below market; rear dwelling is vacant and easy to show.) As far as location you are right on the border of the Garvanza District and Arroyo Estates, both of which are probably the most coveted of all Highland Park locations. This stretch of Meridian St in particular has lots of trees and lots of very pretty homes. There is tons of parking for both dwellings and there is a 400 foot structure in the northwest corner of the property that would be amazing for an office, studio or rec room. Don't wait. Come check it out right now.

Listing description from the July 2024 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Cooling
CentralAir
Heating
Central

Sale history for 6538 Meridian Street

3 recorded sales

$1,525,000
Sold July 2024 · listed $1,595,000, orig. $1,649,000, on market March 2024, 46 days on market · MLS #24367723 · Source: CRMLS
Listing Agent: Ken Shapiro · Listing Office: Silverwood Properties · Contact: 213-250-4404 · Bought with: Teresa Murillo · Socal Real Estate & Mgmt Inc
$1,525,000
Sold July 2024 · listed $1,595,000, orig. $1,649,000, on market March 2024, 46 days on market · MLS #24367595 · Source: CRMLS
Listing Agent: Ken Shapiro · Listing Office: Silverwood Properties · Contact: 213-250-4404 · Bought with: Teresa Murillo · Socal Real Estate & Mgmt Inc
$540,000
Sold April 2014 · listed $465,000, on market February 2014, 37 days on market · MLS #OC14029027 · Source: CRMLS
Listing Agent: Dustin Anderson · Listing Office: Realty One Group Inc · Contact: 714-698-5300 · Bought with: Ken Shapiro · Silverwood Properties

How this sale compares

6538 Meridian Street sold for $1,525,000 in July 2024, 4.4% under its $1,595,000 list price, after 46 days on the market. It was first listed at $1,649,000. That works out to $708 per square foot on 2,155 square feet. Across 209 closed sales in 90042 over the last 12 months, the median sold price is $1,050,000 and the median is $726 per square foot, 2.5% above this sale's $708.

$708
This sale, per sq ft
$726
90042 median per sq ft (12 mo)
$1,050,000
90042 median sold price (12 mo)
209
Closed sales in 90042 (12 mo)
46
Days on market
−4.4%
Sold vs. list price
QuarterClosed sales in 90042Median sold price
Q1 202619$775,000
Q2 202691$1,100,000
Q3 202684$1,100,000
Q4 202615$950,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90042

Recent sales near 6538 Meridian Street

Closed sales reported in 90042, nearest first, last 12 months. All recent sales in Los Angeles →

Explore Los Angeles