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7307 Figueroa S, Los Angeles, CA 90003

Commercial property

7307 Figueroa S, Los Angeles, CA 90003 Sold February 2025 CRMLS
$855,000Sold February 2025

Listing Agent: Marcus Nasrollahy (DRE #02207189) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-406-5126 · Bought with: Marcus Nasrollahy · Lyon Stahl Investment Real Estate, Inc. · MLS #SB24162401 · Source: CRMLS

4,221
Building Sq Ft
$67,407
NOI
6,243 sqft
Lot Size
Commercial property
Type

About this commercial property

ThiS Property has 4,221 SF of living space consisting of five (5) two- bedroom/one-bathroom units situated on a 6,243 SF lot. The property is currently grossing $101,664 annually with more than 30% rental upside. This Property offers an investor the opportunity to acquire a high-cashflow property in the strong rental market of South Los Angeles. By implementing a value-add program to raise the rents to market-rate, 7307 S Figueroa presents an amazing investment of any value-add buyer.

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$855,000
Sold February 2025 · listed $995,000, orig. $110,000, on market August 2024 · MLS #SB24162401 · Source: CRMLS
Listing Agent: Marcus Nasrollahy · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-406-5126 · Bought with: Marcus Nasrollahy · Lyon Stahl Investment Real Estate, Inc.
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