10908 S Figueroa ST Active

Los Angeles,CA 90061

$ 900000

4 Beds

5 Baths

2815 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,815 sqft

Price per Sqft $319

MLS Listing ID 24450327

Bedrooms 4

HOA Y/N No

Year Built 1926

Lot Size 5,127 Sqft

Property Description

We are proud to present 10908 S Figueroa St a 5-unit property located in Los Angeles, operating at a 5.40% CAP and a 10.31 GRM on current rents, with potential upside to a 9.85% CAP and a 6.88 GRM on pro forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of one (1) two-bedroom units, two (2) one-bedroom units and two (2) studio units. Four out of five units have been renovated. There are also five uncovered parking spaces in the rear accessible by alley. This opportunity is located in close proximity to the 110 and 105 freeways, as well as a number of community establishments such as Balbuena's Mexican, Superior Grocers, Taco Vaquero, Playa Dorada and Surprise Market.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAC2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Garage Uncovered

Total Parking Spaces 5

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6075033042

Special Listing Condition Standard

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