For Sale

Listed by Jonathan Nikfarjam from Shield CRE, Inc.

Source: Combined LA Westside Multiple Listing Service, Inc #22224624

6715 10th Avenue, Los Angeles, CA, 90043

$1,145,000

8
7
10
4248 sq. ft.
11333 sq. ft.

Other

•

30+ days on the market

What's around 6715 10th Avenue

About this property

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

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