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Listed price in listed location currency (USD).
$2,295,000

201012

MLS® 26686455

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 8309 sqft
Garage 
Taxes 
Days Active 7
Lot Size 
Approx. Age 1990
Avg. Price Per Sqft $276
MLS® Number 26686455

Property Address: 6339 10th Ave, Los Angeles, CA, 90043-4488

Average square foot calculated using Size range provided by listing agent.

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 7.2% 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 $1.55M loan with a remarkably low 3.17% interest rate locked through 2028 (with capped increases thereafter), resulting in substantial positive leverage. With a 65% Loan-to-Value (LTV) and a compelling 14.6% 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 7.2% cap rate, paired with interest rates from four years ago and a significantly favorable LTV - a combination virtually unheard of in today's market. Don't miss out on this outstanding opportunity!
MLS® Number26686455
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1990
Basement
DrivewayAttached Carport, Assigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2026List Date
$2,295,000List Price
  • Commute

Commute

Starting Address
Destination Address
6339 10Th Ave, Los Angeles, CA

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