11425 South Figueroa Street

Los Angeles, CA 90061

$2,500,000
Price
2
Beds
16
Baths
4,792 Sq. Ft.
$522 / Sq. Ft.
4,792
Sq. Ft.
$522
per Sq. Ft.

Description

We are pleased to offer this sixteen unit investment opportunity, located in the City of Los Angeles. The unit mix consists of fourteen 0+1 and two 1+1 units. The investment consists of approximately 4,792 of rentable square feet and is situated on an approximately 8,138 square foot parcel. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and eight of the units have recently been renovated. The building amenities include a large parking...We are pleased to offer this sixteen unit investment opportunity, located in the City of Los Angeles. The unit mix consists of fourteen 0+1 and two 1+1 units. The investment consists of approximately 4,792 of rentable square feet and is situated on an approximately 8,138 square foot parcel. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and eight of the units have recently been renovated. The building amenities include a large parking area with nine total spaces, an on-site laundry room generating additional income, and the property is separately metered for electricity.
  1. Listed by Griffin White • DRE #02031785 • Brokerage DRE #01765179 • BRC Advisors- BH

Property Details for 11425 South Figueroa Street

Zoning
LAC2
Parcel Number
6088004014
Total Units
16.0
Living Area
4792
Source Living Area
Vendor Enhanced
Area
Metropolitan Southwest (C36)
Vacancy Rate
2%
Lot Size Area
8138
LISTING UPDATED: 07/31/2024 12:01 AM

Property Details for 11425 South Figueroa Street

StatusActive
MLS #24-418881
Days on Market121
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.19 AC / 8,138 SF
CountyLos Angeles County

Building Information for 11425 South Figueroa Street

Stories2Residences-Year Built1953Building Size-Lot Size0.19 AC / 8,138 SF

Property Information for 11425 South Figueroa Street

Community / Development
Community / Development
  • Number Of Units: 16
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Income
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $258,170
  • Net Operating Income: $182,981.00
  • Gross Income: $263,402
  • Cap Rate: 7.32%
  • Gross Rent Multiplier: $9.56
  • Total Annual Expense: 75188
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 8138
Parking Details
Parking Details
  • Parking Garage: Gated
  • Total Parking: 9
  • Parking Features: Gated
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Ceiling Fan
  • Heating Type: Wall Gas
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-23-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,768.90
  • Unit Actual Rent: $1,768.90
  • Unit Projected Rent: $4,268.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,684.00
  • Unit Actual Rent: $1,684.00
  • Unit Projected Rent: $2,134.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,625.00
  • Unit Actual Rent: $1,625.00
  • Unit Projected Rent: $2,134.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,268.00
  • Like Units: 2
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,300.00
  • Unit Actual Rent: $1,300.00
  • Unit Projected Rent: $2,134.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $877.21
  • Unit Actual Rent: $877.21
  • Unit Projected Rent: $2,134.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,495.00
  • Unit Actual Rent: $1,495.00
  • Unit Projected Rent: $2,134.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,112.00
  • Unit Actual Rent: $3,112.00
  • Unit Projected Rent: $4,814.00
  • Like Units: 2
Unit 9 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $655.34
  • Unit Actual Rent: $655.34
  • Unit Projected Rent: $2,134.00
  • Like Units: 1
Unit 10 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $861.56
  • Unit Actual Rent: $861.56
  • Unit Projected Rent: $2,134.00
  • Like Units: 1
Unit 11 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,840.00
  • Unit Actual Rent: $1,840.00
  • Unit Projected Rent: $2,134.00
  • Like Units: 1
Unit 12 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,603.00
  • Unit Actual Rent: $1,603.00
  • Unit Projected Rent: $2,134.00
  • Like Units: 1
Unit 13 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,378.00
  • Unit Actual Rent: $1,378.00
  • Unit Projected Rent: $2,134.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117, 2118

Property History for 11425 South Figueroa Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11425 South Figueroa Street

Taxable ValueLand$549,457Additions$604,403Total$1,153,860
Tax Record2018$14,655 ($1,221 / month)
Home Facts
Beds2Total Finished SqFt4,792 SqFtAbove Grade Finished SqFt4,792 SqFtLot Size8,139 SqFtStyleMulti-Family Res (5+ Units)Year Built1953Year Renovated1953ZoningLAC2CountyLOS ANGELESAPN6088004014

Schools near 11425 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 Jack H. Skirball Middle School
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.

Similar Homes

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11425 South Figueroa Street is a multi-family home for sale in Los Angeles, CA 90061. This property was listed for sale on July 23, 2024 by BRC Advisors- BH, it's currently listed at $2,500,000. It has been on the market for a total of 121 days and was last sold on September 25, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Figueroa Street Elementary School, Alliance Jack H. Skirball Middle School and Alain Leroy Locke College Prep Academy. 11425 South Figueroa Street is a 2-bed, 16-bath, 4,792 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BRC Advisors- BH, Griffin White, DRE #02031785

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.