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Lido Delgado

lido.delgado@engelvoelkers.com +1(818) 913-3695

$ 2,400,000

Est. payment -/mo

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6015 10th AVE Los Angeles, CA 90043

17 Beds

14 Baths

9,900 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 9,900 sqft

Price per Sqft $242

MLS Listing ID 26640763

Bedrooms 17

HOA Y/N No

Year Built 1964

Lot Size 0.262 Acres

Property Description

6015 10th Avenue is a 12-unit multifamily investment opportunity located in the highly desirable Hyde Park submarket of Los Angeles, within walking distance of the Crenshaw/Slauson Metro Line and major transit corridors. Built in 1964, the property consists of approximately 9,900 square feet of rentable area on an 11,400 square foot lot and features wood-frame stucco construction. The asset offers exceptionally large units averaging approximately 950 square feet, a strong and diversified unit mix, individually metered utilities, on-site laundry, 12 on-site parking spaces, and a completed soft-story seismic retrofit, eliminating a major capital item for a new owner. The property will be delivered with seven (6) vacant units, representing approximately 50% occupancy, including several rent-ready units and others recently vacated and requiring renovation, providing immediate lease-up and value-add potential. Additionally, the property offers ADU potential pursuant to SB 1211, creating a compelling long-term development and income enhancement opportunity in a transit-oriented, supply-constrained Los Angeles submarket. Please note HACLA VPS rent standards used for vacant unit rents.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Appliance Refrigerator

Laundry Common Area

Exterior

Parking Features Assigned

Pool None

View Y/N Yes

View City Lights

Total Parking Spaces 11

Private Pool No

Building

Faces East

Entry Level Multi/Split

Sewer Other

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4006002008

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

Listed by William James Lyon Stahl Investment Real Estate, Inc.

Lido Delgado

Advisor | License ID: 02048205

+1(818) 913-3695

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