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$750,000

FOR SALE
Active

10908 S Figueroa Street

Los Angeles, CA

MLS# 26637911

2,815 Sq Ft4bd • 5ba
296 days on marketNalren refreshed

Listing Agent

Casey Lins

Listing Agent

Kidder Mathews of California, Inc.

DRE #: 01902650

(858) 369-3010

Brokerage: Kidder Mathews of California, Inc.

Vincent Cook

Co-Listing Agent

Kidder Mathews of California, Inc

DRE #: 02012324

Brokerage: Kidder Mathews of California, Inc

Property Details

4

Bedrooms

5

Bathrooms

2,815 sqft

Square Feet

1926

Year Built

5,125 sqft

Lot Size

$266

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

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.

Facts & Features

Building

Year Built
1926
Living Area
2,815 sqft
Building Area Total
2,815
Levels
One
Stories Total
1

Utilities

Heating
Wall Furnace
Cooling
None

Parking

Parking Features
Uncovered
Parking Total
5

Community / HOA

HOA
No

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