$ 950,000
-
$950,000
Price -
8
Bed -
5
Bath -
2,424
SqFt
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About the Listing CLW-X82410 - CLW-C128038,SBCOOKVIN
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.
Listing Highlights for 10311 S Figueroa St
Status
Active
Days on Site
89
Property Type
Multi-Family
MLS ®
25550671
Year Built
1928
Total Square Footage
2,424
Lot/Acreage
0.13
County
Los Angeles
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 3
- Zoning: LAC2
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Detached Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6061028014
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
10311 S Figueroa St Los Angeles, CA 90003
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