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For sale
  • Price cut: $100K (6/13)
    $2,495,000

    6337 10th Ave, Los Angeles, CA 90043

    20beds
    10baths
    8,309sqft
    : 
    Multi Family
    Built in 1990
    -- sqft lot
    $2,412,300 Zestimate®
    $300/sqft
    $-- HOA

    What's special

    Take advantage of an outstanding investment opportunity in Los Angeles delivering a 12.8% cash-on-cash return at the asking price, fueled by the assumption of a $1.56M loan at a fixed 3.17% interest rate locked through 2028--with capped increases thereafter. This rare financing structure creates highly attractive positive leverage in a market where such terms are virtually unavailable today. Offered at a 6.8% Cap Rate, the property was built in 1990 (buyer to verify RSO status) and spans 8,309 square feet on an 11,360 square foot lot, with an impressive 12 parking spaces. The building features four expansive 4-bedroom units and two well-sized 2-bedroom units, offering strong appeal for renters and ample potential for rental growth. There's also meaningful ADU upside, allowing a new owner to further enhance returns. With a 62.5% loan-to-value ratio at asking price, this deal combines today's pricing with cap rates of nearly 7%, interest rates from four years ago, and a favorable leverage structure, making it a uniquely compelling acquisition in today's environment. Don't miss the chance to secure this high-performing asset in a prime Los Angeles location.
    80 days
    on Zillow
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    88
    |
    4
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    Zillow last checked: 9 hours ago

    Listing updated: June 13, 2025 at 08:36am

    Listed by:

    Armin Soleimani DRE # 01846872 310-666-2246,

    Global Platinum Properties, Inc. 424-394-1030,

    Julio Ruiz DRE # 01911261 818-524-0706,

    Global Platinum Properties, Inc.

    Source: CLAW,MLS#: 25517579MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 10
    Heating
    • Wall
    Cooling
    • Window Unit(s)
    Interior area
    • Total structure area: 8,309
    • Total interior livable area: 8,309 sqft

    Property

    Parking
    • Parking features: Assigned, Attached Carport
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.26 Acres
    Details
    • Additional structures: None
    • Parcel number: 4006011021
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1990

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $300/sqft
    • Tax assessed value: $1,422,282
    • Annual tax amount: $18,559
    • Date on market: 3/28/2025
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