Back to Search Nalren

$1,595,000

FOR SALE
Active

10974 S Figueroa Street

Los Angeles, CA

MLS# 26660717

5,356 Sq Ft16bd • 10ba
246 days on marketNalren refreshed

Listing Agent

Sam Grayeli

Listing Agent

BRC Advisors- BH

DRE #: 01299288

(310) 525-3711

Brokerage: BRC Advisors- BH

Ian Hollinger

Co-Listing Agent

BRC Advisors- BH

DRE #: 01889125

Brokerage: BRC Advisors- BH

Property Details

16

Bedrooms

10

Bathrooms

5,356 sqft

Square Feet

1958

Year Built

6,785 sqft

Lot Size

$298

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

10974 S. Figueroa Street, Los Angeles, CA 90061 presents a 10-unitmultifamily investment opportunity located on a corner parcel in a strong rental corridor of Los Angeles. Constructed in 1958, the property consists of six (6) 1-bedroom / 1-bathroom units and four (4) 2-bedroom / 1-bathroomunits, offering a desirable and balanced unit mix that appeals to abroad tenant base. The building contains approximately 5,374 rentable square feet and sits on a 6,783 square foot lot. The property is currently not fully stabilized, with three vacant units one (1) 1-bedroom / 1-bathroom unit and two (2)2-bedroom / 1-bathroom units providing an immediate opportunity for anew owner to lease the units at market rents and increase the property's income. Tenant convenience is supported by ample gated and secured on-site parking, an important amenity that enhances tenant appeal and retention. With its corner lot location, practical unit mix, and near-term income upside through leasing of the vacant units, the property presents a compelling value-add opportunity for investors seeking both current income and future growth in a Los Angeles rental market.

Facts & Features

Interior

Laundry Features
Community Laundry
Appliances
Disposal, Refrigerator
Interior Features
Ceiling Fans

Exterior

Private Pool
No
Roof
Shingle
Patio And Porch Features
None

Building

Year Built
1958
Living Area
5,356 sqft
Building Area Total
5,356
Levels
Two
Stories Total
2

Utilities

Heating
Wall Furnace

Parking

Parking Features
Uncovered
Parking Total
11

Community / HOA

HOA
No

Sale history for 10974 S FIGUEROA Street

  • Sold $2,075,000 in January 2021 · MLS #20593908 · Source: CRMLS
  • Sold $1,350,000 in July 2019 · MLS #19483294 · Source: CRMLS

Similar Listings

Recent sales near 10974 S Figueroa Street

Closed sales reported in 90061, nearest first, last 12 months. All recent sales in Los Angeles →