$ 1,199,900
-
$1,199,900
Price -
8
Bed -
5
Bath -
3,408
SqFt
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About the Listing SR0261900 - SR207069936,F207016935
Exceptional Investment Opportunity – Turnkey Income Property with ADU Potential. This well-maintained multi-unit property offers the perfect blend of immediate rental income and long-term upside; great for investors and owner-users. All units are equipped with central air & heat, and updated with laminate and porcelain flooring. With separately metered water, gas, and electricity, tenants cover all utilities; the owner’s responsibility is limited to common area lighting and gate power, keeping expenses low. The property is in excellent condition—completely turnkey, with no capital improvements required. Buyers can start collecting rent immediately. There is also exciting ADU potential by converting the garages in the back into additional rental units, providing future value-add income. With a high Net Operating Income and strong tenant appeal, this is truly a one-of-a-kind opportunity for both investors and owner-users. Seller is offering one vacant unit for flexible occupancy or immediate rental placement.
Listing Highlights for 6616 S Figueroa St
Status
Active
Days on Site
16
Property Type
Multi-Family
MLS ®
SR25187192
Year Built
2018
Total Square Footage
3,408
Lot/Acreage
0.1
County
Los Angeles
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Central Air,ENERGY STAR Qualified Equipment
- Heating: Central,ENERGY STAR Qualified Equipment,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,Rectangular Lot,Yard,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 6
- Zoning: LAC2
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Attached Carport,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6013025026
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
6616 S Figueroa St Los Angeles, CA 90003
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