10908 S Figueroa Street,Los Angeles, CA 90061
Los Angeles, CA 90061
Description
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, one (1) studio, and one (1) retail unit. Four out of five units have been renovated. There are also five uncovered parking spaces in the rear accessible by alley. 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.
Details
| MLS# | 24450327 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 202 |
| Listing Provided By | Kidder Mathews of California, Inc. 858-369-3010 | Casey Lins |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 2,815 |
| Story(s) | 1 |
| Units | 5 |
| Building(s) | 1 |
| Zoning | LAC2 |
| Acreage | 0.12 |
Market Activity 90061
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90061 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90061) | |
Price: $900,000 low | high Med: $1,275,000 SqFt: 2,815 low | high Med: 3,645 $ / SqFt: $320 low | high Med: $378 On site: 202 low | high Med: 67.500000 | |