10908 S Figueroa Street, Los Angeles, CA 90061
- $750,000
- 4
- BD
- 5
- BA
- 2,815
- SqFt
- List Price
- $750,000
- Price Change
- ▼ $25,000 1780011455
- Status
- ACTIVE
- MLS#
- 26637911
- Year Built
- 1926
- Bedrooms
- 4
- Bathrooms
- 5
- Living Sq. Ft
- 2,815
- Lot Size
- 5,125
- Acres
- 0.12
- Days on Market
- 200
- Property Type
- Multifamily
- Stories
- One Level
Property Description
We are proud to present 10908 S Figueroa St, a 5-unit mixed-use property located in Los Angeles, operating at a 6.93% CAP and a 7.71 GRM on current rents, with potential upside to a 9.58% CAP and a 6.32 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.
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Additional Information
- Heat
- Wall Furnace
- Cooling Description
- None
- Attached Structure
- Attached
- Number Of Units Total
- 5
Listing courtesy of Listing Agent: Casey Lins (Casey.Lins@kidder.com) from Listing Office: Kidder Mathews of California, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.