6121 10th, Los Angeles, California 90043, Los Angeles, 90043 - bed, bath
ACTIVE$1,399,999$3,928/sqft
6121 10th, Los Angeles, California 90043
0Bed
0Bath
3,928Sqft
11,391Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3928, other record living area = 3629.
Compared to the nearby listings
Price:$1.40M vs avg $775.0K (+$624,999)89%
Size:3,928 sqft vs avg 1,808 sqft89%
Price/sqft:$356 vs avg $39244%
More Insights
Built in 1940 (86 years old).
Condition: 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.
Year Built
1940
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$356
HOA
-
Days on market
-
Sold On
-
MLS number
DW25281483
Home ConditionTear down
Features
Patio
View-
About this home
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.
T
Tomas Briseno
Listing Agent
Nearby schools
2/10
Yes Academy
Public,•K-5•0.2mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.5mi
3/10
Angeles Mesa Elementary School
Public,•K-5•0.9mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.0mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.1mi
4/10
Centinela Elementary School
Public,•K-6•1.1mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.2mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.6mi
3/10
Windsor Hills Math Science
Public,•K-5•1.8mi
1/10
Horace Mann Junior High School
Public,•6-8•1.1mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.6mi
2/10
Audubon Middle School
Public,•6-8•1.8mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.6mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•2.7mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•3.1mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.9mi
2/10
Inglewood High School
Public,•9-12•2.2mi
2/10
George Washington Preparatory High School
Public,•9-12•3.5mi
9/10
Middle College High School
Public,•9-12•6.0mi
Price History
Date
Event
Price
08/21/01
Sold
$200,000
06/05/98
Sold
$280,000
05/25/12
Sold
$375,000
12/27/06
Sold
$780,000
03/29/02
Sold
$1,985,454
Condition Rating
Tear down
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.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Current Income Stream: The property is an existing 4-unit building, providing immediate rental income for investors.
Exceptional Redevelopment Potential: LAR3 zoning with LADBS Tier 3 guidelines may allow for up to 26 units, offering substantial future development opportunities.
Generous Lot Size: A large 11,391 SF lot provides ample space, crucial for maximizing the property's redevelopment and density potential.
Strategic Investment Opportunity: Explicitly marketed as an 'excellent opportunity for investors or developers seeking density,' highlighting its strong market appeal for growth.
Prime Los Angeles Location: Situated in Los Angeles, a high-demand metropolitan area, supporting strong rental income and long-term property value appreciation.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3928, other record living area = 3629.
Extensive Due Diligence Required: Buyers are advised to verify zoning, unit count, and development potential, indicating a need for significant investigative work and potential uncertainties.
Age of Existing Structure: Built in 1940, the current 4-unit building is older, likely requiring substantial renovation or demolition, which could add to project costs for redevelopment.
Subpar Nearby School Ratings: Several close-proximity schools have low ratings (1s and 2s), which could negatively impact desirability for family-oriented tenants or future owner-occupants.