6616 South Figueroa Street

Los Angeles, CA 90003

$1,199,000
Price
8
Beds
5
Baths
3,408 Sq. Ft.
$352 / Sq. Ft.
3,408
Sq. Ft.
$352
per Sq. Ft.

Description

DRASTIC PRICE REDUCTION as of 12.11.24 FOR A FAST SALE! , no rent controlled ! , Three Bed. two bath townhouse style duplex on the front, one unit two bed. one bath on top of garages on the back , all units feature central air and heat, laminated and porcelain floors. Low maintenance property with separated metered for water, gas, and electricity (tenants pay for all utilities), owner only pays for common area lights and gate , one of a kind excellent investments with high Net Operating Income. A...DRASTIC PRICE REDUCTION as of 12.11.24 FOR A FAST SALE! , no rent controlled ! , Three Bed. two bath townhouse style duplex on the front, one unit two bed. one bath on top of garages on the back , all units feature central air and heat, laminated and porcelain floors. Low maintenance property with separated metered for water, gas, and electricity (tenants pay for all utilities), owner only pays for common area lights and gate , one of a kind excellent investments with high Net Operating Income. A turn key property, Excellent conditions, no capital improvements necessary, buy and start immediately collecting rent. ADU potential by converting the garages on the back for extra income. Please do not disturb or contact tenants, seller is offering two none-occupied units.
  1. Listed by Adelso Flores • DRE #00910310 • Brokerage DRE #00910310 • Continental Real Estate • 213-399-1862

Property Details for 6616 South Figueroa Street

Architectural Style
Contemporary
Parking Spaces Total
1
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3408
LISTING UPDATED: 12/27/2024 10:48 AM

Property Details for 6616 South Figueroa Street

StatusActive
MLS #PW24156942
Days on Market184
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2018
Lot Size0.10 AC / 4,200 SF
CountyLos Angeles County

Building Information for 6616 South Figueroa Street

Stories2Residences-Year Built2018Building Size-Lot Size0.10 AC / 4,200 SF

Property Information for 6616 South Figueroa Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Telephone, Trash Collection, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $129,120
  • Gross Scheduled Income: $129,600
  • Net Operating Income: $91,920
  • Gross Multiplier: 10.02
  • Cap Rate: 9.6
Expense Details
  • Operating Expense: $480
  • Fuel Expense: $0
  • Electric Expense: $480
  • Insurance Expense: $2,560
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 5
  • Tax Census Tract: 2376.00
  • CFD/Mello-Roos Fee: $514
  • Tax Lot: 189
Community / Development
Community / Development
  • Community Features: Gutters, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Interior Features: Granite Counters
  • Room Type: All Bedrooms Up
  • Bedroom Features: All Bedrooms Up
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Laundry Chute
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Natural Gas
  • Heat Source: Natural Gas
  • Heating: Central, ENERGY STAR Qualified Equipment, Natural Gas
  • Flooring: See Remarks
Exterior Features
  • Window Features: ENERGY STAR Qualified Windows, Insulated Windows
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Security: Automatic Gate
  • Roof: Composition
  • Entry Location: Front
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Block, Wrought Iron
  • Foundation Details: Concrete Perimeter
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot, Level, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer, Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,300
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 3900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3

Property History for 6616 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 6616 South Figueroa Street

Taxable ValueLand$193,428Additions$425,864Total$619,292
Tax Record2024$7,943 ($662 / month)
Home Facts
Total Finished SqFt3,408 SqFtAbove Grade Finished SqFt3,408 SqFtLot Size4,200 SqFtStyleTriplexYear Built2018ZoningLAC2CountyLOS ANGELESAPN6013-025-026

Schools near 6616 South Figueroa Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gil Garcetti Learning Academy
PublicK to 6

Mary Mcleod Bethune Middle School
Public7 to 8

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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6616 South Figueroa Street is a multi-family home for sale in Los Angeles, CA 90003. This property was listed for sale on July 30, 2024 by Continental Real Estate, it's currently listed at $1,199,000. It has been on the market for a total of 184 days and was last sold on February 14, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Gil Garcetti Learning Academy, Mary Mcleod Bethune Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 6616 South Figueroa Street is a 8-bed, 5-bath, 3,408 sqft multi-family home built in 2018.

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 Continental Real Estate, Adelso Flores, DRE #00910310

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.