PROBATE SALE, Subject to Court confirmation and over-bidding in Court. Sale was confirmed in Court on Feb 19th, 2021. Excellent 8-unit garden-style apartment in the Park Mesa Heights/Hyde Park neighborhood, less than 3 miles from the new SOFI Stadium & Inglewood Forum. Great upside potential. Zoned LAR3-1. Huge lot size, ideal for future development. For sale after 38 years! All 1 bed 1 bath units. 2 units delivered vacant. Separately metered for gas and electricity, & have individual water heaters. Some units have laundry hook-ups. Subject to City of L.A. Rent control ordinance.
Property Highlights |
Street |
6106 10th Ave
|
City |
Los Angeles
|
State |
CA
|
Zip |
90043
|
Status |
Sold
|
Property Type |
Multi-family
|
Asking Price |
$1,295,000
|
Year Built |
1940
|
Building Sq Ft |
3,840
|
Number of units |
8
|
CAP Rate |
4.47%
|
GRM |
12.30
|
Value per unit |
$161,875
|
Value per Square Feet |
$337.24
|
Broker Name |
Vinny Jain
|
Telephone |
(310) 207 2288
|
Email |
sales@iagpm.com
|
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