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6100 11th Ave
Los Angeles, CA 90043
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Located in the Rapidly Gentrifying & Revitalized Hyde Park Neighborhood of Los Angeles | All 2-Bedroom/1-Bathroom Units
- Assumable Loan of $730,000 Fixed for 5 Years at 3.15% Interest Rate with 3 Years of Interest Only | Offered at $225,000 Per Unit & $277 Per SF
- On-Site Laundry Facility & Total of 9 Parking Spaces | Located a ¼ Mile from Crenshaw/LAX Metro Transit Line (Hyde Park Station)
- Tremendous Value-Add Opportunity | Approximately 57% in Rental Upside - 7.67% Pro-Forma CAP Rate & 9.15 Pro-Forma GRM
- Large 7,585-Square Foot Lot - Desirable Opportunity to Build ADUs or Redevelop | LAR3 TOC – Tier 3 Zoning - Future Redevelopment Potential
- Located 2 Miles from Baldwin Hills Crenshaw Plaza & Approximately 2.5 Miles from SoFi Stadium, The Forum and Intuit Dome (NBA Clippers Arena)
Property Facts
| No. Units | 6 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 4,876 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.85/1,000 SF |
| Zoning | LAR3 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,876 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.85/1,000 SF |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,309 | - |
Property Taxes
| Parcel Number | 4006-002-034 | Improvements Assessment | $220,649 |
| Land Assessment | $514,856 | Total Assessment | $735,505 |
Property Taxes
Parcel Number
4006-002-034
Land Assessment
$514,856
Improvements Assessment
$220,649
Total Assessment
$735,505
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