$ 2,495,000
-
$2,495,000
Price -
20
Bed -
10
Bath -
8,309
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing CLW-X82397 - CLW-C120232,CLW-C131070
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 Highlights for 6337 10th Ave
Status
Active
Days on Site
160
Property Type
Multi-Family
MLS ®
25517579
Year Built
1990
Total Square Footage
8,309
Lot/Acreage
0.26
County
Los Angeles
Interior Details
- Bedrooms: 20
- Bathrooms: 10 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Assigned,Attached Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4006011021
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
6337 10th Ave Los Angeles, CA 90043
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
