Listing Detail

IAG

6106 10th Ave, Los Angeles, CA 90043

PROBATE SALE, Subject to Court confirmation and over-bidding in Court. 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, and have individual water heaters. Some units have laundry hook-ups. Subject to City of Los Angeles Rent control ordinance. There is a habitability lawsuit by several tenants with allegations of intentional injury caused to some plaintiffs by certain defendants. All the complaints have been repaired in regards to habitability.

Seller is a Court appointed fiduciary and cannot make any representations as to the condition and history of the subject property. Buyer to conduct their own investigations. Sold "As Is" & "Where Is". Please DO NOT DISTURB TENANTS. Drive-By only.

Property Highlights
Street 6106 10th Ave
City Los Angeles
State CA
Zip 90043
Status Available
Property Type Multi-family
Asking Price $1,295,000
Year Built 1940
Building Sq Ft 3,840
Number of units 8
CAP Rate 5.28
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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