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… Read More 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. Read Less
Courtesy of Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Listing Snapshot
Days Online
91
Last Updated
Property Type
Other
Beds
17
Square Ft.
9,900
Lot Size
0.26 Acres
Year Built
1964
MLS Number
26640763
30 Days Snapshot Of 90043
$1.21M
-5%
(avg) sold price
8
-33%
homes sold
38
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Range/Oven
Building
9,900 sq ft, Built in 1964, Levels: Multi/Split, Attached, Mid-Century
Cooling
Wall/Window
Disclosures
As Is
Exterior Features
Stucco
Fireplaces
None
Floors
Carpet, Tile
Garage
Assigned
Water Features
Water: Public
Heating
Wall
Laundry
Community, Laundry Area
Lot
LotAcreage: 0.2618, LotSizeArea: 11,403, Single Lot
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