8330 S Figueroa Street, Los Angeles, CA 90003

About this property

BACK TO THE MARKET. Great Investment Opportunity to own this 8 units property. Two story building with 4 apartments of one bedroom each and 2 duplexes with 4 little bungalows counting one bedroom each one. owner has recently remodeled some of the bathrooms and installed new electrical panel. Roof of the bungalows were installed 2 years ago. Property is just minutes away from 105 and 110 fwys, close to new Stadiums and convention centers. Strong rental market. never vacant. The majority of the units are below market rental but all tenants are current and investor has a true opportunity to increase the cash flow and the cap rate. Tenants are not aware of the sale. Please make an offer subject to interior inspection. See pictures of the condition of kitchen and bathrooms.

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$1,150,000

Sold April 2023 · listed $1,250,000, orig. $1,400,000, on market October 2022 · MLS #WS22211133 · Source: CRMLS

Listing Agent: SUSANA BOGGIO · Listing Office: TAMAYO & ASSOC. R.E. · Contact: 888-490-1444 · Bought with: Carlos Estrada · Liberty Investment Group

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