Los Angeles, CA 90043,6015 10th AVE
Los Angeles, CA 90043,6015 10th AVE
Los Angeles, CA 90043,6015 10th AVE
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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$2,400,000
Est. payment /mo
17 Beds
14 Baths
9,900 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

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, in short 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

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

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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