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6337 10th Ave
Los Angeles, CA 90043
7.2% Cap | 6 Units w/ 4 Oversized 4-Bed Units · Multifamily Property For Sale
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6 Units
Investment Highlights
- Assumable $1.55 million dollar loan with a low interest rate of 3.17% locked in until 2028 with capped increases after
- Unique opportunity to secure today's pricing at 7.2% cap rates with interest rates of 4 years ago
- A 7.2% cap rate couple with low rates and 65% LTV financing results in a 14.6% cash on cash return
- High cash on cash return of 14.6% based on asking price makes for an excellent investment opportunity
Property Facts
| No. Units | 6 | Building Size | 8,309 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1947/2015 |
| Building Class | C | Parking Ratio | 1.44/1,000 SF |
| Lot Size | 0.26 AC | ||
| Zoning | LAR3 - Multiple Dwelling | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 8,309 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built/Renovated | 1947/2015 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 950 |
| 4+2 | 4 | - | 1,600 |
Property Taxes
| Parcel Number | 4006-011-021 | Improvements Assessment | $434,647 |
| Land Assessment | $1,016,080 | Total Assessment | $1,450,727 |
Property Taxes
Parcel Number
4006-011-021
Land Assessment
$1,016,080
Improvements Assessment
$434,647
Total Assessment
$1,450,727
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