4260 S Figueroa ST, Los Angeles, CA 90037
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4260 S Figueroa ST, Los Angeles, CA 90037
4260 S Figueroa ST, Los Angeles, CA 90037
4260 S Figueroa ST, Los Angeles, CA 90037
4260 S Figueroa ST, Los Angeles, CA 90037
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Lisa Bethel

Lisa Bethel

+1(818) 319-5060
$ 1,150,000
Est. payment /mo
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Price Dropped by $145K

4260 S Figueroa ST Los Angeles, CA 90037

4 Beds

4 Baths

4,516 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,516 sqft

Price per Sqft $254

Subdivision Winton & Mcleod Figueroa St. Tract

MLS Listing ID 25623103

Bedrooms 4

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1920

Lot Size 7,509 Sqft

Property Description

An exceptional investment opportunity awaits in the heart of Los Angeles. This spacious and elegantly maintained four-unit property sits on a large 7,510 sq. ft. lot, just blocks from the University of Southern California, the Coliseum and one block from the iconic BMO Stadium, home of LAFC. Each of the four units contains approximately 1,100 Sq. Ft. with pristine hardwood floors and nice finishes offering immediate appeal for residents. Situated just minutes to Exposition Park the new Lucas Museum of Narrative art, Expo Line Train Station, this property offers incredible access to cultural landmarks, public transit, and campus life. The neighborhood is experiencing rapid appreciation, making this a strong income-producing investment. Property includes a driveway to a back lot for ample parking. Easy reach to downtown LA, cultural venues, and public transit. High Demand Market Student housing, young professionals, and sports/cultural enthusiasts. The Fourth ground-floor vacant unit offers Value-Add Opportunity: Renovate the fourth unit for increased returns at a projected rental income of $2,300/month or as an owner user. Gross Rent Multiplier is calculated with the actual gross rent of the occupied three units plus the scheduled gross rent for the vacant unit.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAC2

Interior

Heating Natural Gas

Cooling None

Flooring Wood

Fireplaces Type None

Fireplace No

Laundry Laundry Closet, In Kitchen

Exterior

Parking Features Direct Access, Driveway, Garage, Unassigned

Pool None

View Y/N Yes

Roof Type Composition,Shingle

Total Parking Spaces 6

Private Pool No

Building

Faces West

Story 2

Entry Level One

Sewer Other

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 5019028013

Security Features Window Bars

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Bob Day Coldwell Banker Realty #00851770

NEARBY SCHOOLS & PROPERTIES

Lisa Bethel

Lisa Bethel

Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® | License ID: 02046953

+1(818) 319-5060

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4260 S Figueroa ST