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$775,000
Est. payment /mo
4 Beds
5 Baths
2,815 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,815 sqft
Price per Sqft $275
MLS Listing ID 26637911
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 mixed-use property located in Los Angeles, operating at a 6.67% CAP and a 7.97 GRM on current rents, with potential upside to a 9.23% CAP and a 6.53 GRM on pro forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of 1 two-bedroom units, 2 one-bedroom units, 1 studio and 1 commercial unit. 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. Property is subject to LA City rent control. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAC2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features 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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Listed by Casey Lins Kidder Mathews of California, Inc.
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