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10974 S FIGUEROA Street, Los Angeles, CA 90061

Property · 2 recorded sales since 2019

10974 S FIGUEROA Street, Los Angeles, CA 90061 Sold January 2021 CRMLS
$2,075,000Sold January 2021

Listing Agent: Jordan Peikin (DRE #02015987) · Listing Office: Clement Partners Real Estate · Contact: 310-822-7262 · Bought with: Charles McMillan · Charles McMillan · MLS #20593908 · Source: CRMLS

6,783 sqft
Lot Size
1958
Year Built
Property
Type
None
Cooling

About this property

PRICE IMPROVEMENT! Beautifully remodeled 10 unit building with abundant parking spread over two parcels of land. Excellent in-place cash flow with additional rental upside. Fantastic access to both the 110 and 105 freeways. Located 4.6 miles from the upcoming SoFi stadium in Inglewood and 6.1 miles from the LA Memorial Coliseum and Banc of California Stadium. Property features a desirable unit mix (six 2+1s, four 1+1s), on-site laundry for additional income, and is individually metered for gas and electricity. Building is not listed on the citys seismic retrofit list. 8 of the 10 tenants are receiving Section 8 assistance, making this a stable investment in the current uncertain economic climate. Dont miss this turnkey opportunity!

Listing description from the January 2021 sale, as reported to CRMLS.

Sale history

$2,075,000
Sold January 2021 · orig. $2,125,000, on market June 2020 · MLS #20593908 · Source: CRMLS
Listing Agent: Jordan Peikin · Listing Office: Clement Partners Real Estate · Contact: 310-822-7262 · Bought with: Charles McMillan · Charles McMillan
$1,350,000
Sold July 2019 · on market July 2019 · MLS #19483294 · Source: CRMLS
Listing Agent: Jordan Peikin · Listing Office: Clement Partners Real Estate · Contact: 310-822-7262 · Bought with: Jordan Peikin · Clement Partners Real Estate
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