6337 10th Avenue
Los Angeles, CA 90043
- – beds
- – baths
- – sqft
- 11,362 sqft lot
- 1990 build
- – on site
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 6.25% Cap Rate, this 1990 constructed property (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 and features four spacious 4-bedroom units, perfect for families, alongside two inviting 2-bedroom units. An assumable $1.56 million dollar loan with a remarkably low 3.17% interest rate, securely locked in until 2028 (with capped increases thereafter), results in notable positive leverage. With a 60% Loan-To-Value ratio (LTV) and a fantastic cash-on-cash return of 10.9%, this opportunity embodies an excellent investment prospect! This is a unique opportunity to secure today's pricing at 6% cap rates + interest rates of 4 years ago + a reasonably high LTV, the combination of which are virtually unheard of in this market. Don't miss out on this outstanding opportunity!
Last checked:
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Last updated Mar 31, 2025
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MLS# 25517579 —
The Building
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Year Built:1990
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New Construction:No
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Building Area Total:8309.00
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Total Number Of Units:6
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:From Crenshaw, Turn East onto 62nd Street, then turn South On 10th Ave,
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Latitude:33.98181300
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Longitude:-118.32833200
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:11362.0000
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Lot Size Acres:0.2608
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Lot Size SqFt:11362.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4006011021
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Attached Carport
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/29/25
Mar 29, 2025
|
Listed / Active | CRMLS_CA | $2,595,000 |
