7307 South Figueroa Street

Los Angeles, CA 90003

$995,000
Price
—
Beds
—
Baths
4,221 Sq. Ft.
$236 / Sq. Ft.
4,221
Sq. Ft.
$236
per Sq. Ft.

Description

ThiS Property has 4,221 SF of living space consisting of five (5) two- bedroom/one-bathroom units situated on a 6,243 SF lot. The property is currently grossing $101,664 annually with more than 30% rental upside. This Property offers an investor the opportunity to acquire a high-cashflow property in the strong rental market of South Los Angeles. By implementing a value-add program to raise the rents to market-rate, 7307 S Figueroa presents an amazing investment of any value-add buyer.ThiS Property has 4,221 SF of living space consisting of five (5) two- bedroom/one-bathroom units situated on a 6,243 SF lot. The property is currently grossing $101,664 annually with more than 30% rental upside. This Property offers an investor the opportunity to acquire a high-cashflow property in the strong rental market of South Los Angeles. By implementing a value-add program to raise the rents to market-rate, 7307 S Figueroa presents an amazing investment of any value-add buyer.
  1. Listed by Marcus Nasrollahy • DRE #02207189 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-406-5126
  2. Listed by Nico Rosmarin • DRE #02023847 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 7307 South Figueroa Street

Building Area Total
4221
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Parcel Number
6020025013
Area
Los Angeles Southwest (C34)
Directions
Cross Streets are Florence and Figueroa
LISTING UPDATED: 01/22/2025 08:56 AM

Property Details for 7307 South Figueroa Street

StatusPending
MLS #SB24162401
Days on Market117
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built-
Lot Size0.14 AC / 6,243 SF
CountyLos Angeles County

Building Information for 7307 South Figueroa Street

Stories2Residences-Year Built-Building Size-Lot Size0.14 AC / 6,243 SF

Property Information for 7307 South Figueroa Street

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $101,664
  • Net Operating Income: $67,407
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing

Property History for 7307 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 7307 South Figueroa Street

Taxable ValueLand$370,068Additions$234,950Total$605,018
Tax Record2018$7,689 ($641 / month)
Home Facts
Beds10Total Finished SqFt4,221 SqFtAbove Grade Finished SqFt4,221 SqFtLot Size6,241 SqFtStyleMulti-Family Res (5+ Units)Year Built1965ZoningLAC2CountyLOS ANGELESAPN6020025013

Schools near 7307 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
Charter - K to 4
Rating
School
Distance
Gil Garcetti Learning Academy
PublicK to 6

Mary Mcleod Bethune Middle School
Public7 to 8

KIPP Empower Academy
CharterK to 4

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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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 Lyon Stahl Investment Real Estate, Inc., Marcus Nasrollahy, DRE #02207189; Lyon Stahl Investment Real Estate, Inc., Nico Rosmarin, DRE #02023847

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.