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7256 N Figueroa Street, Los Angeles, CA 90041

Single-family home · 2 recorded sales since 2017

7256 N Figueroa Street, Los Angeles, CA 90041 Sold November 2020 CRMLS
$895,000Sold November 2020

Listing Agent: Sydney Shand (DRE #01345845) · Listing Office: PLG Estates · Contact: (310) 788-0700 · Bought with: Tiffany Wu · Keller Williams Realty- YL/ AH · MLS #P1-1564 · Source: CRMLS

5
Bedrooms
3
Bathrooms
1,663
Sq Ft
3,903 sqft
Lot Size
1922
Year Built
Single-family home
Type
1
Stories
0
Garage
CentralAir
Cooling
Central
Heating

About this single-family home

TWO HOUSES ON ONE LOT - both vacant. Beautiful 4 bedroom, 2 bath 1922 gem, plus newly constructed 1 bed 1 bath guest house (ADU) are centered in the vibrant heart of NELA. Main house can be split into a duplex and Rents for $4500 per month and AirBnbs for $5000 per month. Guest house rents for for $2200 per month or AirBnbs for $3000 per month. Video Tour Link is on the MLS. Excellent investment opportunity, great for families and multi generational living. Move in ready. Inside, the main house is airy, bright and features excellent separation of space. New paint, new water heater, updated kitchen and bathrooms, along with an enclosed porch/sun room pulls it together and welcomes you home. The exterior features a large backyard with fruit trees, gated side-yard with zen garden, drought resistant landscaping, privacy fence and gated driveway parking. The income producing, permitted, brand new ADU, has its own address, electrical and water meters. ADU features tankless water heater, combo washer/dryer, central A/C and heating, full kitchen, separate bedroom, brand new appliances, amethyst gemstone cabinet hardware, granite countertops, wood-look ceramic tile throughout for durability, outdoor bistro area, gated parking, and keyless entry. Both properties have been very profitable as owner occupied permitted Airbnb/short term rentals. The main house has previously been used as a duplex, lending excellent potential for use as three separate units. Now accepting backup offers.

Listing description from the November 2020 sale, as reported to CRMLS.

Sale history

$895,000
Sold November 2020 · orig. $827,000, on market September 2020 · MLS #P1-1564 · Source: CRMLS
Listing Agent: Sydney Shand · Listing Office: PLG Estates · Contact: (310) 788-0700 · Bought with: Tiffany Wu · Keller Williams Realty- YL/ AH
$570,000
Sold March 2017 · listed $589,000, on market December 2016 · MLS #16187232 · Source: CRMLS
Listing Agent: Jeffrey Bar · Listing Office: NELA Homes · Contact: 323-316-9800 · Bought with: Sydney Shand · PLG Estates
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