6121 10th, Los Angeles, California 90043, Los Angeles, 90043 - 0 bed, 0 bath
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Los Angeles, California 90043
This High-Density Redevelopment Asset is listed at $1,250,000, reflecting a strategic premium over the $1,103,840 Fair Market Value due to its significant development upside. The property’s primary value is the 11,391 SF LAR3 Lot, which under LADBS Tier 3 guidelines allows for a 26-unit development. Currently a 1940s quadruplex with a Condition Rating of 6, the structure includes a patio but likely requires demolition to maximize ROI. While local school ratings are varied, the proximity to the 9/10-rated Middle College High School provides a strong anchor for Developers and Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6121 10th Subject | $1,250,000* List Price | 0 | 0 | 3,928 | $281 | - |
A 6023 11th Avenue Active | $875,000 List Price | 0 | 0 | 2,436 | $359 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1940, this property is over 80 years old with no indication of major renovations in the past 50 years. The listing description heavily emphasizes the large LAR3 lot and its 'substantial redevelopment or expansion potential' for up to 26 units, suggesting the value lies primarily in the land. The property analysis explicitly states the existing structure is 'likely requiring substantial renovation or demolition.' The exterior images show a very dated building with significant wear and tear, and the complete absence of interior photos strongly implies the current units are in a state that would require extensive work, making the existing structure's value minimal compared to the land's redevelopment potential.
High School: Middle College High School (9/10).
The property is an existing 4-unit building, providing immediate rental income for investors.
LAR3 zoning with LADBS Tier 3 guidelines may allow for up to 26 units, offering substantial future development opportunities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3928, other record living area = 3629.
Buyers are advised to verify zoning, unit count, and development potential, indicating a need for significant investigative work and potential uncertainties.
Built in 1940, the current 4-unit building is older, likely requiring substantial renovation or demolition, which could add to project costs for redevelopment.
Income property consisting of a 4-unit building on a large 11,391 SF LAR3 lot. Per LADBS Tier 3 guidelines, zoning may allow up to 26 units, offering substantial redevelopment or expansion potential. Excellent opportunity for investors or developers seeking density in an LAR3 zone. Buyer to verify zoning, unit count, and development potential with appropriate agencies.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,928 | 2,461 | 80% |
| Lot Size | 11,391 | 6,627 | 80% |
| Price | $1.25M | $850.0K | 80% |
| Price per sq ft | $318 | $361 | 20% |
| Built year | 1940 | 1940 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 114 | 60% |
Mar 14, 2026
$1,250,000
$1,399,999
-11% Price Drop
Initial Listing
Dec 29, 2025
$1,399,999
Initial Listing
May 25, 2012
$375,000
Public Record
Dec 27, 2006
$780,000
Public Record
Mar 29, 2002
$1,985,454
Public Record
Aug 21, 2001
$200,000
Public Record
Jun 5, 1998
$280,000
Public Record