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6715 10th Avenue

Los Angeles CA 90043

8
7
10
4248 sq. ft.
11333 sq. ft.
Other
Currently for sale - view listing

Overview

Desirable Opportunity to Redevelop Up to 25-Unit Apartment or to Build ADUs | Seven Single-Story Units on Large 11,333-Square Foot Lot | Tremendous Value-Add Opportunity - Approximately 84% in Rental Upside | 9.87% Pro-Forma CAP Rate & 7.85 Pro-Forma GRM | Rare LAR3 TOC Tier 3 Zoning - Outstanding Development Potential in Strong Hyde Park Apartment Market | TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Vacant Room (Former Laundry Room) & Total of 6 Garages - Potential to be Converted into ADUs (Buyer to Verify) | Close Proximity to Fairview Heights Station and Hyde Park Station of the Crenshaw/LAX Metro Transit Line (K Line) | Located 2 Miles from SoFi Stadium & The Forum and Approximately 2.5 Miles from Baldwin Hills & Intuit Dome (NBA Clippers Arena) | Offered at $163,571 Per Unit & $270 Per SF

Features

8 bedrooms
7 bathrooms
10 carspaces
6 garage spaces
4248 sq. ft. floor area
11333 sq. ft. lot size
Other

Happy sellers in Los Angeles

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Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 1 eight-bedroom other similar to 6715 10th Avenue, have been sold.

This represents a 50% increase in eight-bedroom other properties sales when compared to the previous 12 months.

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