10908 S Figueroa Street
Los Angeles, CA 90061
2815 sqft | 4 beds | 0.12 acres | #24450327
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 and two (2) studio units. 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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$900,000
- MLS #24450327
- MLS #24450327
- Acres0.1177
- Cost900000
- Square Feet2815
- Year Built1926
- Bedrooms4
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Casey Lins (#CLW-C128038)
Listing Office: Kidder Mathews of California, Inc. (#CLW-X82410)
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