5876 S Figueroa Street
Los Angeles, CA, 90003
$1,395,000
Beds
0 Baths
SqFt
0.11 Acres
Add
Attention Investors!Seize this rare chance to own a remarkable 9-unit property that promises low maintenance and minimal expenses only trash and water! This asset is not just a property; it’s a gateway to significant returns.Key Highlights:*High Upside Potential: With current rents below market value, there’s ample room for increases that can enhance your cash flow.*Future Development Possibilities: Explore the exciting potential for expansion! Reports indicate the possibility of developing up to 34 low-income units, maximizing your investment’s value.*Strategic Location: This property is being sold with the adjacent lot on 5886 S. Figueroa Street (APN 6004-036-016) asking price $350,000, currently utilized as parking, opening doors for future enhancements.Don’t let this unique opportunity pass you by! Invest in your future and capitalize on the growth potential of this property today. For more details and to schedule a viewing, contact us now!

Property Details

Price:
$1,395,000
MLS #:
24466245
Status:
Active
Baths:
0
Address:
5876 S Figueroa Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Oct 14, 2024
State:
CA
ZIP:
90003
Lot Size:
4,801 sqft / 0.11 acres (approx)
Year Built:
1934
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Cooling
None
Heating
Wall Furnace

Exterior

Parking Features
Uncovered
Parking Spots
12.00
Stories Total
2

Financial

Map

Community

Similar Listings Nearby

5876 S Figueroa Street
Los Angeles, CA