Los Angeles County  »  612 S Flower St

Pegasus - 612 South Flower Street, Los Angeles, CA 90017 - Property report

Also known as: 724 W 6th St

Property image for Pegasus - 612 South Flower Street, Los Angeles, CA 90017
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Property type

Five or More Apartments or Units - 5 Stories or More - Mills Act Property (055G)

Year built

1949

Acreage

1.087

Sale price

$25,560,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
612 S Flower St
Los Angeles, CA 90017
Alternate address(es)
724 W 6th St
726 W 6th St
728 W 6th St
Zip code
90017
Neighborhood
Downtown Los Angeles
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns Pegasus - 612 South Flower Street, Los Angeles, CA 90017. Uncover corporate and individual owners with a free account.

Building
Property type
Five or More Apartments or Units - 5 Stories or More - Mills Act Property
Building sq. ft.
483,140
Buildings on lot
1
Stories
5 or more
Year built
1949
Last altered
1977
Sales
Sale date
07/23/2008
Sale price
$25,560,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$908,666
Zoning & use
Zoning
Qualified opportunity zone
Units
322
Lot
Acreage
1.087

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
Los Angeles Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership information for Pegasus - 612 South Flower Street, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Pegasus - 612 South Flower Street, Los Angeles, CA 90017

Sale date Sale price Buyer name Seller name
07/23/2008 $25,560,000 XXXXXXX XXXXXXXXXX XXX XXX XX XXXXXXXX XXX

*Most recent sale on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
01/19/2018 City Action XXXX XX XXX XXXXXXX
11/12/2013 Reconveyance
Substitution Trustee
XXX XXXXXXX XXXXXXXXXX XX XXX XXXXXXX XXXXXXXXXX XX
02/20/2013 Grant Deed
(File correction - Single parcel sale)
XXX XXXXXXXXX XXXXXXX XXXXXXXXXXX XXX XXXXXXX XXXXXXXXXX XX
04/15/2011 Deed
(Sale for consideration - full DTT - Single parcel sale)
XXXXXXX XXXXXXXXXX XXX XXX-XXXXXXX XXXXXXX XXXXXXXXXXX
07/23/2008 Deed
(Sale for consideration - full DTT - Single parcel sale)
XXX XX XXXXXXXX XXX XXXXXXX XXXXXXXXXX XXX
07/06/2001 Deed XXXXXXXX XXXXXXXXXX XX XXX XXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Pegasus - 612 South Flower Street, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Base tax
$908,666
Current property tax
$1,012,940
Recent tax assessments
Market value
$76,525,658
Land value
$20,100,000
Building value
$56,425,658

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $76,525,658 1.1874 $908,666 -1.07%
2024-2025 $76,557,540 1.1997 $918,461 +0.00%
2023-2024 $76,573,284 1.1994 $918,420 +2.99%
2022-2023 $76,514,063 1.1655 $891,771 -0.76%
2021-2022 $76,464,130 1.1752 $898,606 -2.10%
2020-2021 $76,480,320 1.200129 $917,862 -7.76%
2019-2020 $84,741,766 1.174279 $995,105 +13.37%
2018-2019 $73,389,760 1.196 $877,775 +0.20%
2017-2018 $73,425,042 1.193 $875,981 +15.14%
2016-2017 $63,835,183 1.1918 $760,819 +0.31%

Special assessments & penalties for Pegasus - 612 South Flower Street, Los Angeles, CA

Code Description Tax levied
03694 La County Regional Park And Open Space District
18852 Los Angeles City Street Light Maintenance Land
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18875 Los Angeles Downtown Center (Downtown Bid)
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement
06111 West Vector Mosquito

Permit information for Pegasus - 612 South Flower Street, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
05/14/2024
05/14/2024
03/19/2024
08/29/2023
11/15/2022

*Most recent permits on record for this property.

More about Los Angeles County property records

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Demographics by ZIP code

Total population
30,172
Median age
33.3
Average household income
$72,581
Family households
38.1%
People per household (average)
2.02
Occupied housing units
14,606
Owner-occupied units
5.7%
Median year structure built
1991
Median value mortgaged units
$666,400
Median value unmortgaged units
$886,900

Risk

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FEMA flood zones

FEMA flood zones
AE, X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Seismic gas shut-off valve installed
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for Pegasus - 612 South Flower Street, Los Angeles, CA 90017 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for Pegasus - 612 South Flower Street, Los Angeles, CA 90017?

The development at Pegasus - 612 South Flower Street, Los Angeles, CA 90017 was built in 1949.

What is the total square footage of Pegasus - 612 South Flower Street, Los Angeles, CA 90017?

Pegasus - 612 South Flower Street, Los Angeles, CA 90017 has a total of 483,140 square feet.

When was Pegasus - 612 South Flower Street, Los Angeles, CA 90017 last sold and what was the sale price?

Pegasus - 612 South Flower Street, Los Angeles, CA 90017 was last sold on 07/23/2008 for $25,560,000.

What is the assessed value of Pegasus - 612 South Flower Street, Los Angeles, CA 90017?

Pegasus - 612 South Flower Street, Los Angeles, CA 90017 is currently assessed at $76,525,658.

What are the property taxes for Pegasus - 612 South Flower Street, Los Angeles, CA 90017?

The property taxes for Pegasus - 612 South Flower Street, Los Angeles, CA 90017 total $908,665.

How many residential units does this building have?

This building has 322 residential unit(s).

Disclaimer

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