We are proud to present 10908 S Figueroa St a 5-unit property located in Los Angeles, operating at a 5.40% CAP and a 10.31 GRM on current rents, with potential upside to a 9.85% CAP and a 6.88 GRM on pro forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of one (1) two-bedroom units, two (2) one-bedroom units and two (2) studio units. 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.
Property Details
Price:
$900,000
MLS #:
24450327
Status:
Active
Baths:
0
Address:
10908 S Figueroa Street
Type:
Residential Income
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Oct 8, 2024
State:
CA
ZIP:
90061
Lot Size:
5,125 sqft / 0.12 acres (approx)
Year Built:
1926
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Uncovered
Parking Spots
5.00
Stories Total
1
Financial
Map
Community
- Address10908 S Figueroa Street Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90061
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Courtesy of Kidder Mathews of California, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
10908 S Figueroa Street
Los Angeles, CA
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