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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SB25219461
HOA Y/N No
Year Built 1941
Property Sub-Type Apartment
Property Description
We are proud to present an exceptional development opportunity at 6027 10th Ave in Los Angeles. Situated on a large 15,198 sqft lot and zoned LAR3, this 6-unit building offers full development potential with TOC/density bonus for 25–30 units, making it ideal for developers or investors looking to maximize value. The existing building includes a mix of two 1-bedroom/2-bath units and four 1-bedroom/1-bath units, with three units delivered vacant and all individually metered for utilities, providing immediate income while planning future expansion. Additionally, there is strong value-add potential through ADU additions, positioning this property as a rare opportunity to combine current cash flow with long-term development upside. Buyers do their own due diligence and verify any development potential.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Sidewalks, Urban
Total Parking Spaces 20
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4006002044
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by John Stiegler II Lyon Stahl Investment Real Estate, Inc. 310-447-2213
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Justin & Jessica Bouzane
Broker Associate | Lic# 01905244