10974 S Figueroa ST, Los Angeles, CA 90061
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10974 S Figueroa ST, Los Angeles, CA 90061
10974 S Figueroa ST, Los Angeles, CA 90061
10974 S Figueroa ST, Los Angeles, CA 90061
10974 S Figueroa ST, Los Angeles, CA 90061
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Lisa Bethel

Lisa Bethel

+1(818) 319-5060
$ 1,595,000
Est. payment /mo
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10974 S Figueroa ST Los Angeles, CA 90061

16 Beds

10 Baths

5,356 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,356 sqft

Price per Sqft $297

MLS Listing ID 26660717

Bedrooms 16

HOA Y/N No

Year Built 1958

Lot Size 6,786 Sqft

Property Description

10974 S. Figueroa Street, Los Angeles, CA 90061 presents a 10-unitmultifamily investment opportunity located on a corner parcel in a strong rental corridor of Los Angeles. Constructed in 1958, the property consists of six (6) 1-bedroom / 1-bathroom units and four (4) 2-bedroom / 1-bathroomunits, offering a desirable and balanced unit mix that appeals to abroad tenant base. The building contains approximately 5,374 rentable square feet and sits on a 6,783 square foot lot. The property is currently not fully stabilized, with three vacant units one (1) 1-bedroom / 1-bathroom unit and two (2)2-bedroom / 1-bathroom units providing an immediate opportunity for anew owner to lease the units at market rents and increase the property's income. Tenant convenience is supported by ample gated and secured on-site parking, an important amenity that enhances tenant appeal and retention. With its corner lot location, practical unit mix, and near-term income upside through leasing of the vacant units, the property presents a compelling value-add opportunity for investors seeking both current income and future growth in a Los Angeles rental market.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Fireplace No

Appliance Disposal, Refrigerator

Laundry Common Area

Exterior

Parking Features Uncovered

Pool None

Roof Type Shingle

Porch None

Total Parking Spaces 11

Private Pool No

Building

Faces West

Story 2

Entry Level Two

Foundation Raised

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6075032033

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Sam Grayeli BRC Advisors- BH #01299288

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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10974 S Figueroa ST