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Jason Franklin

jason@shorehomes.info +1(818) 421-2328

$ 2,395,000

Est. payment | -/mo

14 Beds

14 Baths

6,900 SqFt

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$ 2,395,000

Est. payment | -/mo

Save

14 Beds

14 Baths

6,900 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,900 sqft

Price per Sqft $347

MLS Listing ID 26868767

Bedrooms 14

HOA Y/N No

Year Built 1949

Lot Size 0.348 Acres

Property Description

We are pleased to present 6036 10th Avenue, a 14-unit apartment community situated on a 15,168 square foot lot in the Hyde Park / Park Mesa Heights neighborhood of Los Angeles. Built in 1949, the property comprises 6,900 rentable square feet across a series of single-story, bungalow-court buildings arranged around a landscaped central walkway giving each unit its own private entrance and a house-like feel that sets it apart from surrounding rental stock. Offered at a going-in 8.09% Cap Rate, the property offers investors strong current cash flow alongside a path to future upside. The building offers a clean, uniform mix of fourteen one-bedroom/one-bath units, including two newly constructed ADUs (6044 1/2 and 6050 1/2), a straightforward configuration that keeps operations simple while appealing to a broad, stable tenant base. Many units have been renovated as leases have turned, featuring white shaker cabinetry, quartz countertops, subway-tile backsplashes, stainless appliances, and updated vinyl-plank or hardwood flooring with the remaining units offering clear interior upside on future turnover. Located in the Crenshaw corridor, the property sits minutes from the Metro K (Crenshaw/LAX) Line and offers convenient access to SoFi Stadium and the Inglewood entertainment district, Culver City, Downtown Los Angeles, and LAX a submarket drawing sustained investment and steady workforce-housing demand.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR3

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Uncovered

Total Parking Spaces 6

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4006001020

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Joshua Cohen Keller Williams Realty #01346713

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 421-2328

jason@shorehomes.info

24025 Park Sorrento #110, Calabasas, CA 91302, West Hills, CA 91307, USA

6036 10th AVE Los Angeles, CA 90043

Jason Franklin

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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6036 10th AVE