Address
10974 S Figueroa Street Los Angeles, CA
Price
$ 2,125,000
Property Attributes
  • MLS#20593908
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMetropolitan Southwest
  • Zip90061
  • Style
  • Price$ 2,125,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,782 SqFt
Listing Provided Courtesy Of:
Jordan Peikin with Clement Partners Real Estate.
Property Description

Beautifully remodeled 10 unit building with abundant parking spread over two parcels of land. Excellent in-place cash flow with approximately 21.6% of additional rental upside. Fantastic access to both the 110 and 105 freeways. Located 4.6 miles from the upcoming SoFi stadium in Inglewood and 6.1 miles from the LA Memorial Coliseum and Banc of California Stadium. Property features a desirable unit mix (six 2+1s, four 1+1s), on-site laundry for additional income, and is individually metered for gas and electricity. Building is not listed on the citys seismic retrofit list. 8 of the 10 tenants are receiving Section 8 assistance, making this a stable investment in the current uncertain economic climate. Dont miss this turnkey opportunity!

Price History
6/30/2020 Listed $2,125,000

General Features

Directions North of Imperial HWY, South of Century, East of Hoover, West of Broadway.
Listagentaor Malibu
Listing Agent Jordan Peikin - BRE#02015987
Listing Agent State License 02015987
MLS Area C36 - Metropolitan Southwest
Source System CRMLS
Special Listing Conditions Standard
Total Units 10
Zoning LARD1.5

Interior Features

Appliances Disposal, Refrigerator
Appliances Y/N Yes
Cooling None
Laundry Features Community
Laundry Y/N Yes
Total Stories 2

Exterior Features

Lot Size Acres 0.1557
Lot Size Area 6783.0000
Lot Size Source Assessor
Lot Size Square Feet 6783.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Uncovered
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90061

Price
AVG $1.15M
$2.13M
Visits
AVG 6
4
Year Built
AVG 1958
1958

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.