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    3612 10th Ave Los Angeles, CA 90018

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    For Sale
    $4,725,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    10,908 SF
    Lot size:
    0.27 Acres
    Price / SF:
    $433/SF
    Added:
    Oct 30, 2025
    Days on Market:
    191
    Last Refresh:
    May 8 at 2:06 am

    Property Features for 3612 10th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    R1-1
    Bedrooms
    28
    Bathrooms
    24
    Rooms
    Bedroom 22, Bathroom 4, Bathroom 3, Bathroom 13, Bedroom 17, Bathroom 15, Bedroom 16, Bedroom 1, Bathroom 16, Bedroom 18, Bathroom 23, Bedroom 13, Bedroom 15, Bedroom 21, Bedroom 23, Bedroom 3, Bathroom 11, Bathroom 1, Bedroom 12, Bedroom 5, Bathroom 6, Bedroom 9, Bedroom 27, Bedroom 28, Bathroom 8, Bathroom 14, Bathroom 17, Bathroom 19, Bedroom 25, Bedroom 14, Bathroom 20, Bedroom 6, Bedroom 26, Bathroom 22, Bedroom 20, Bathroom 9, Bathroom 5, Bathroom 18, Bathroom 21, Bedroom 19, Bathroom 2, Bedroom 7, Bedroom 10, Bathroom 24, Bathroom 12, Bedroom 24, Bathroom 7, Bedroom 4, Bedroom 2, Bedroom 11, Bedroom 8, Bathroom 10
    Standard status
    Active
    APN
    5044-012-024
    Size
    10,908 SF
    Lot size
    0.27 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2025
    Floors in Building
    2
    Number of units
    8

    We can help!

    Listing Contact
    Dario Svidler

    Listing agent Dario Svidler License #01884474

    Listing office Keller Williams Beverly Hills 439 N Canon Dr. Suite 300, Beverly HIlls, CA

    Listing date Oct 30, 2025

    MLS# 25612903 Listing URL

    Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • New Construction: Brand new fourplexes (6 units) built in 2025.
    • Excellent Location: A 10‑minute walk to the Expo/Crenshaw E and K Metro Station.
    • High Income Potential: Features a 6.23% Cap Rate.
    • Large Units: Spacious 3 and 4‑bedroom configurations.
    • Modern Amenities: Open floor plans, in‑unit laundry, quartz‑style countertops, stainless steel appliances, and private entries.
    • Desirable Neighborhood: Located in the evolving Jefferson Park/Leimert Park area, near West Adams.

    Overview

    New Multifamily Units in Los Angeles

    Located in the Jefferson Park/Leimert Park area of Los Angeles, the properties at 3608 and 3612 10th Ave consist of two fourplexes. The location is a ten-minute walk to the Expo/Crenshaw E and K Metro Station. Each two-story structure features spacious units, suitable for roommates, with two 3-bedroom units and two 4-bedroom units. The units include open floor plans, living areas, and in-unit laundry with new washers and dryers. The kitchens are equipped with quartz-style countertops, stainless steel appliances, and custom cabinetry. Each residence has its own private entry, two-story layouts, stylish lighting, and one entry-level bedroom. The back of the property is striped for 8 parking spaces and will feature solar panels. Residents benefit from the E and K Metro Lines, which will connect to the People Mover for access to LAX. The properties are located just north of Leimert Park and the Crenshaw Mall, and minutes from West Adams. The properties sit on a lot of 0.2663 acres and have a total size of 10908 square feet. The listing includes two APNs: 5044-012-024 & 5044-012-025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.327997
    Latitude
    34.022473

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    FAQs

    What type of property is this?
    Quadplex - Two new fourplexes near Expo/Crenshaw Metro Station.
    Where is this quadplex located?
    The property is located at 3612 10th Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,725,000.
    What are key features of this property?
    This property features: New Construction: Brand new fourplexes (6 units) built in 2025.; Excellent Location: A 10‑minute walk to the Expo/Crenshaw E and K Metro Station.; High Income Potential: Features a 6.23% Cap Rate.
    (424) 600-7633
    We can help!
    Listing Contact
    Dario Svidler
    Real Estate License ID: 01884474
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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