Los Angeles, CA 90061,10908 S Figueroa St
Los Angeles, CA 90061,10908 S Figueroa St
Los Angeles, CA 90061,10908 S Figueroa St
Los Angeles, CA 90061,10908 S Figueroa St
Los Angeles, CA 90061,10908 S Figueroa St
Los Angeles, CA 90061,10908 S Figueroa St
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$ 775,000
Est. payment | /mo

4 Beds

5 Baths

2,815 SqFt


Save
$ 775,000
Est. payment | /mo
Save

4 Beds

5 Baths

2,815 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,815 sqft

Price per Sqft $275

MLS Listing ID 26637911

Bedrooms 4

Year Built 1926

Lot Size 5,125 Sqft

Acres 0.1177

Property Sub-Type Multi-Family

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 Metropolitan Southwest

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Other

Exterior

Parking Features Uncovered

Garage Spaces 5.0

Building

Lot Description Single Lot

Story 1

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

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10908 S Figueroa St