CA > Los Angeles
Los Angeles, CA 90043,6339 10th Ave
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Los Angeles, CA 90043,6339 10th Ave
Los Angeles, CA 90043,6339 10th Ave
Los Angeles, CA 90043,6339 10th Ave
Los Angeles, CA 90043,6339 10th Ave
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Cherrie And Zach

Cherrie And Zach

+1(661) 312-2536
$ 2,450,000
Est. payment /mo
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6339 10th Ave Los Angeles, CA 90043

20 Beds

10 Baths

8,309 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,309 sqft

Price per Sqft $294

MLS Listing ID 25620117

Bedrooms 20

Year Built 1990

Lot Size 0.261 Acres

Acres 0.2608

Property Sub-Type Multi-Family

Property Description

Incredible opportunity in the vibrant city of Los Angeles! This charming 6-unit property offers a remarkable chance to enhance and expand your real estate portfolio. With an attractive 7.0% Cap Rate, this building, constructed in 1990 (buyer to do own diligence on RSO restrictions), showcases significant potential for multiple ADUs and substantial rental growth. Spanning a generous 8,309 square feet on an expansive 11,000 square foot lot, this property also boasts an astounding 12 parking spaces! It features four spacious 4-bedroom units, perfect for families, alongside two well-appointed 2-bedroom units. Larger, family-sized units like these consistently demonstrate more favorable expense ratios; operating costs don't scale linearly with unit size, meaning stronger net operating income and greater long-term efficiency for owners. Additionally, the property includes an assumable $1.56M loan with a remarkably low 3.17% interest rate locked through 2028 (with capped increases thereafter), resulting in substantial positive leverage. With a 64% Loan-to-Value (LTV) and a compelling 13.6% cash-on-cash return at the asking price, this offering embodies an exceptional investment profile. This is an unusual chance to secure today's pricing at a 7.0% cap rate, paired with interest rates from four years ago and a significantly favorable LTVa combination virtually unheard of in today's market. Don't miss out on this outstanding opportunity!

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Equipment None

Exterior

Parking Features Assigned, Carport Attached

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Global Platinum Properties, Inc.
Cherrie And Zach

Cherrie And Zach

Broker || Owners | License ID: 01904568

+1(661) 312-2536

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6339 10th Ave