6337 10th Avenue, Los Angeles, CA 90043 - Berkshire Hathaway HomeServices California Properties
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6337 10th Avenue, Los Angeles, CA 90043

$2,495,000 Approx. USD 20 beds, 10 baths
8,309 sqft

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Listing Agent


Armin Soleimani | arminsoleimani@gmail.com
Lic#: 01846872
Broker: Courtesy of Global Platinum Properties, Inc.

Co Listing Agent


Julio Ruiz | ziuroiluj@gmail.com
Lic#: 01911261
Broker: Courtesy of Global Platinum Properties, Inc.

Agent Remarks

Take advantage of an outstanding investment opportunity in Los Angeles delivering a 12.8% cash-on-cash return at the asking price, fueled by the assumption of a $1.56M loan at a fixed 3.17% interest rate locked through 2028--with capped increases thereafter. This rare financing structure creates highly attractive positive leverage in a market where such terms are virtually unavailable today. Offered at a 6.8% Cap Rate, the property was built in 1990 (buyer to verify RSO status) and spans 8,309 square feet on an 11,360 square foot lot, with an impressive 12 parking spaces. The building features four expansive 4-bedroom units and two well-sized 2-bedroom units, offering strong appeal for renters and ample potential for rental growth. There's also meaningful ADU upside, allowing a new owner to further enhance returns. With a 62.5% loan-to-value ratio at asking price, this deal combines today's pricing with cap rates of nearly 7%, interest rates from four years ago, and a favorable leverage structure, making it a uniquely compelling acquisition in today's environment. Don't miss the chance to secure this high-performing asset in a prime Los Angeles location.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25517579
List price is $2,495,000 Reduced by $100,000 on 6/13/2025
Price: $2,495,000
Beds: 20
Baths: 10
Built in 1990
8,309 sqft
2 stories
0.26 acres
Lot size: 0.2608
County: Los Angeles
Zoning: LAR3
Parking description: Attached Carport,Assigned
Heating description: Wall Furnace
MLS area: PHHT - Park Hills Heights

Last Updated: 6/14/2025

 Days On Market (DOM): 111

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This listing belongs to the PHHT - Park Hills Heights MLS area

Lat/Long: 33.981813, -118.328332.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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