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6337 10th Ave, Los Angeles, CA 90043

List Price: $2,495,000On Market FlagOn market
Mar 27, 20258,309 sqft20 beds10 baths
Listed by: Armin Soleimani
License #: 01846872
Phone #: 310-666-2246
Global Platinum Properties, Inc.
Source:
CRMLS Logo
MLS #: 25517579

Property Description

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.
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$43,050

TurboHome Estimated Value

$2,682,500

$323 sqft

High Valuation
$2,816,625
$339/sqft
Normal Valuation
$2,682,500
$323/sqft
Low Valuation
$2,548,375
$307/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$323/sqft$2,682,500

Location

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