6339 10th Avenue, Los Angeles, CA 90043
Local realty services provided by:ERA North Orange County Real Estate
6339 10th Avenue,Los Angeles, CA 90043
$2,450,000
- 20 Beds
- 10 Baths
- 8,309 sq. ft.
- Multi-family
- Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.
MLS#:25620117
Source:CRMLS
Price summary
- Price:$2,450,000
- Price per sq. ft.:$294.86
About this home
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!
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Home facts
- Year built:1990
- Listing ID #:25620117
- Added:1 day(s) ago
- Updated:November 18, 2025 at 03:40 AM
Rooms and interior
- Bedrooms:20
- Total bathrooms:10
- Living area:8,309 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1990
- Building area:8,309 sq. ft.
- Lot area:0.26 Acres
Finances and disclosures
- Price:$2,450,000
- Price per sq. ft.:$294.86
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