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.
For sale
Price cut: $100K (6/13)
$2,495,000
6337 10th Ave, Los Angeles, CA 90043
20beds
10baths
8,309sqft
Est.:
Multi Family
Built in 1990
-- sqft lot
$2,412,300 Zestimate®
$300/sqft
$-- HOA
What's special
- 80 days
- on Zillow |
- 88 |
- 4 |
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#: 25517579

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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