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6036 10th Ave 14 Unit Apartment Building $3,369,118 CAD ($240,651 CAD/Unit) 8.09% Cap Rate Los Angeles, CA 90043



Investment 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!
- Many units have been renovated with white shaker cabinetry, quartz counters, subway-tile backsplashes, and stainless appliances.
- TWO NEW ADUS — Two newly constructed accessory dwelling units (6044½ & 6050½) generate income today!
- Minutes from the Metro K Line, with convenient access to SoFi Stadium and the Inglewood entertainment district, Culver City, and more!
Executive Summary
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.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$418,499
|
$60.65
|
| Other Income |
$760
|
$0.11
|
| Vacancy Loss |
$20,925
|
$3.03
|
| Effective Gross Income |
$398,334
|
$57.73
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$125,835
|
$18.24
|
| Net Operating Income |
$272,499
|
$39.49
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $418,499 |
| Annual Per SF | $60.65 |
| Other Income (CAD) | |
|---|---|
| Annual | $760 |
| Annual Per SF | $0.11 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $20,925 |
| Annual Per SF | $3.03 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $398,334 |
| Annual Per SF | $57.73 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $125,835 |
| Annual Per SF | $18.24 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $272,499 |
| Annual Per SF | $39.49 |
Property Facts
| Price | $3,369,118 CAD | Apartment Style | Garden |
| Price Per Unit | $240,651 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 8.09% | Building Size | 6,900 SF |
| Gross Rent Multiplier | 8.05 | No. Stories | 1 |
| No. Units | 14 | Year Built | 1949 |
| Property Type | Multifamily | Parking Ratio | 1.45/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LAR3 | ||
| Price | $3,369,118 CAD |
| Price Per Unit | $240,651 CAD |
| Sale Type | Investment |
| Cap Rate | 8.09% |
| Gross Rent Multiplier | 8.05 |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 6,900 SF |
| No. Stories | 1 |
| Year Built | 1949 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4006-001-020 | Improvements Assessment | $1,120,809 CAD (2025) |
| Land Assessment | $2,196,924 CAD (2025) | Total Assessment | $3,317,733 CAD (2025) |
Property Taxes
Parcel Number
4006-001-020
Land Assessment
$2,196,924 CAD (2025)
Improvements Assessment
$1,120,809 CAD (2025)
Total Assessment
$3,317,733 CAD (2025)
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6036 10th Ave
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