Property listed by Kidder Mathews of California, Inc., Casey Lins 858-369-3010
$800,000
We are proud to present 10908 S Figueroa St, a 5-unit mixed-use property located in Los Angeles, operating at a 6.42% CAP and an 8.22 GRM on current rents, with potential upside to an 8.90% CAP and a 6.74 GRM on pro-forma rents. The property consists of three separate buildings… Read More constructed in 1926 with a unit mix of 1 two-bedroom units, 2 one-bedroom units, 1 studio and 1 commercial unit. 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. Read Less
Listing Snapshot
Days Online
82
Last Updated
Property Type
Other
Beds
4
Square Ft.
2,815
Lot Size
0.12 Acres
Year Built
1926
MLS Number
25545097
30 Days Snapshot Of 90061
$588k
-13%
(avg) sold price
5
+25%
homes sold
85
+41%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1926, Building area total: 2,815, Levels: One, Living area: 2815, 1 story, 1 building
Cooling
None
Heating
WallFurnace
Income
Gross income: $97,271, Net operating income: $51,348
Lot
0.1177 acres, 5,125 square feet, Size: 5,125
Parking
5 totals parking
Property
Zoning: LAC2
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
