10908 S Figueroa Street

Los Angeles , CA 90061

MLS#: 25602857

$775,000

Status: Active
Listing number: 25602857
Listing provided by: Kidder Mathews of California, Inc.
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
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Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1926

Sq.Footage

2,815

We are proud to present 10908 S Figueroa St, a 5-unit mixed-use property located in Los Angeles, operating at a 6.67% CAP and a 7.97 GRM on current rents, with potential upside to a 9.23% CAP and a 6.53 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. Contact the listing broker for additional information.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1177

  • Property Type

    Residential Income

Price

  • Sales Price

    $775,000

  • Sq. Footage

    2, 815

  • Price/SqFt

    $275

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Casey Lins , Kidder Mathews of California, Inc.

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We are proud to present 10908 S Figueroa St, a 5-unit mixed-use property located in Los Angeles, operating at a 6.67% CAP and a 7.97 GRM on current rents, with potential upside to a 9.23% CAP and a 6.53 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. Contact the listing broker for additional information.

10908 S Figueroa Street

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