6036 10th Ave - Apartments FOR SALE


Los Angeles, CA 90043- Park Mesa Heights
$2,395,000 USD
310-480-2130
6036 10th Ave, Los Angeles, CA for Sale
$2,395,000 USD
Apartments - FOR SALE
1/25
null | 8.09% Cap Rate

6036 10th Ave
Los Angeles, CA 90043
Park Mesa Heights


HIGHLIGHTS

  • Offered at an 8.09% going-in cap rate (8.05 GRM) — a higher yield than recent comparable sales in the submarket —with further upside available!
  • TWO NEW ADUS — Two newly constructed accessory dwelling units (6044½ & 6050½) generate income today!
  • Many units have been renovated with white shaker cabinetry, quartz counters, subway-tile backsplashes, and stainless appliances.
  • Minutes from the Metro K Line, with convenient access to SoFi Stadium and the Inglewood entertainment district, Culver City, and more!

OVERVIEW

The Cohen Group is pleased to present 6036 10th Avenue, a 14-unit apartment community situated on a 15,168 square foot lot in the Hyde Park / Park Mesa Heights neighborhood of Los Angeles. Built in 1949, the property comprises 6,900 rentable square feet across a series of single-story, bungalow-court buildings arranged around a landscaped central walkway — giving each unit its own private entrance and a house-like feel that sets it apart from surrounding rental stock. Offered at a going-in 8.09% Cap Rate, the property offers investors strong current cash flow alongside a path to future upside. The building offers a clean, uniform mix of fourteen one-bedroom/one-bath units, including two newly constructed ADUs (6044½ and 6050½), a straight forward configuration that keeps operations simple while appealing to a broad, stable tenant base. Many units have been renovated as leases have turned, featuring white shaker cabinetry, quartz countertops, subway-tile backsplashes, stainless appliances, and updated vinyl-plank or hardwood flooring — with the remaining units offering clear interior upside on future turnover. Located in the Crenshaw corridor, the property sits minutes from the Metro K(Crenshaw/LAX) Line and offers convenient access to SoFi Stadium and the Inglewood entertainment district, Culver City, Downtown Los Angeles, and LAX —a submarket drawing sustained investment and steady workforce-housing demand.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$347 USD /SF

# OF UNITS

14

PRICE/UNIT

$171,071

CAP RATE

8.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,168 SF

ZONING

LAR3

APN/PARCEL ID

4006-001-020

ASK ABOUT THIS PROPERTY

Joshua CohenThe Cohen GroupMore Info
310-480-2130

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Joshua CohenThe Cohen GroupMore Info
310-480-2130

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.