10908 South Figueroa Street
$900,000
4
5
2,815
2,815
$320
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....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.
- Listed by Casey Lins • DRE #01902650 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.
Property Details for 10908 South Figueroa Street
Zoning
LAC2
Parcel Number6075033042
Total Units5.0
Living Area2815
Source Living AreaAssessor
AreaMetropolitan Southwest (C36)
Vacancy Rate0
Lot Size Area5125
LISTING UPDATED: 10/16/2024 12:01 AM
Property Details for 10908 South Figueroa Street
Status | Active |
---|---|
MLS # | 24-450327 |
Days on Market | 24 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1926 |
Lot Size | 0.12 AC / 5,125 SF |
County | Los Angeles County |
Building Information for 10908 South Figueroa Street
Stories1Residences-Year Built1926Building Size-Lot Size0.12 AC / 5,125 SF
Property Information for 10908 South Figueroa Street
Property History for 10908 South Figueroa Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 10908 South Figueroa Street
Taxable ValueLand$536,099Additions$235,883Total$771,982
Tax Record2024$11,582 ($965 / month)
Home Facts
Total Finished SqFt2,815 SqFtAbove Grade Finished SqFt2,815 SqFtStories1Lot Size5,125 SqFtStyleOffice BuildingYear Built1926ZoningLAC2CountyLOS ANGELESAPN6075-033-042
Schools near 10908 South Figueroa Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Charter - | 9 to 12 | |||
Public - | K to 2 |
Rating | School | Distance |
---|---|---|
Figueroa Street Elementary School PublicK to 5 | ||
Alliance College-Ready Middle Academy No. 4 Charter6 to 8 | ||
Alain Leroy Locke College Prep Academy Charter9 to 12 | ||
Washington Primary Center School PublicK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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