9
See all 9 photos
$900,000
Est. payment /mo
8 Beds
5 Baths
2,424 SqFt
Active
10311 S Figueroa ST Los Angeles, CA 90003
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,424 sqft
Price per Sqft $371
MLS Listing ID 26672689
Bedrooms 8
HOA Y/N No
Year Built 1928
Lot Size 5,501 Sqft
Property Description
We are proud to present 10311 S Figueroa St, an attractively priced 4-unit + ADU (5 units total) multifamily property in Los Angeles.Offered at an 8.22% CAP and an 8.05 GRM on current rents, with upside potential to achieve a 10.06% CAP and a 7.01 GRM upon stabilization, with TWO (2) UNITS DELIVERED VACANT. Located just south of W Century Blvd and west of S Grand Ave, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Hyde Park, Inglewood and Crenshaw. The property is comprised of three separate single-story structures with five residential units offering a total of 2,424 rentable square feet. Built in 1943, the property sits on a 2,750 square foot LAC2-zoned lot with alley access. The unit mix consists of two (2) three-bedroom one-bathroom units, two (2) one-bedroom units and one (1) studio unit. One (1) one-bedroom unit and one (1) studio unit will be delivered VACANT at closing, presenting an immediate opportunity to re-rent at market rents, and all units have been renovated. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAC2
Interior
Inclusions Both APNs: 6061-028-014 & 6061-028-015
Fireplace No
Exterior
Parking Features Detached Carport
Carport Spaces 3
Total Parking Spaces 3
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6061028014
Special Listing Condition Standard
Listed by Casey Lins Kidder Mathews of California, Inc. #01902650
Nearby Locations
GET MORE INFORMATION