10311 S Figueroa ST, Los Angeles, CA 90003 – 25550671

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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$950,000

Est. payment - /mo

8 Beds

5 Baths

2,424 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,424 sqft

Price per Sqft $391

MLS Listing ID 25550671

Bedrooms 8

HOA Y/N No

Year Built 1928

Lot Size 5,501 Sqft

Property Description

We are proud to present 10311-10315 S Figueroa St, an attractively priced 5-unit multifamily property in Los Angeles, offered at an 8.58% CAP and 8.00 GRM on current rents, with upside potential to achieve an 10.47% CAP and 6.88 GRM upon stabilization. Located just south of W Century Blvd and west of S Grand Ave, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Hyde Park, Inglewood and Crenshaw. The property is comprised of three separate single-story structures with five residential units offering a total of 2,424 rentable square feet. Built in 1943, the property sits on a 5,501 SF LAC2-zoned lot with alley access. The unit mix consists of two three-bedroom one-bathroom units, two one-bedroom units and one studio unit. One one-bedroom unit will be delivered VACANT at closing, presenting an immediate opportunity to re-rent at market rents, and all units have been renovated.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAC2

Interior

Inclusions 10315 S Figueroa St, Los Angeles, CA 90003 - APN: 6061-028-015

Fireplace No

Exterior

Parking Features Detached Carport

Attached Garage No

Total Parking Spaces 3

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6061028014

Special Listing Condition Standard

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Listed by Casey Lins • Kidder Mathews of California, Inc.

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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10311 S Figueroa ST Los Angeles, CA 90003

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

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