10908 S Figueroa Street
Los Angeles, CA, 90061
$900,000
Beds
0 Baths
SqFt
0.12 Acres
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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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Interior

Cooling
None
Heating
Wall Furnace

Exterior

Parking Features
Uncovered
Parking Spots
5.00
Stories Total
1

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