8115 South Figueroa Street
$899,000
7
5
2,248
2,248
$400
Description
Fantastic development opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). ED1 Eligible. Continue to rent out the property or develop this 6501 Sq Ft lot. Zoned LAC2 , this TOC Tier 1. With a FAR of 2.75 the total buildable area can be 17,877 sq. ft. Buyer to Verify with city planning for accuracy of all information. Property consists of one building with 6 separate units. Units 2,3,4,5 and 6 are studios. Unit 1...Fantastic development opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). ED1 Eligible. Continue to rent out the property or develop this 6501 Sq Ft lot. Zoned LAC2 , this TOC Tier 1. With a FAR of 2.75 the total buildable area can be 17,877 sq. ft. Buyer to Verify with city planning for accuracy of all information. Property consists of one building with 6 separate units. Units 2,3,4,5 and 6 are studios. Unit 1 is a 2 bedroom / 1 bath and it was modified to a 3 bedroom / 1 bath without permits which is now rented on Airbnb 30day+ . The other 5 units are rented out on a month to month basis.
- Listed by Shamim Khorsand Mashhadi • DRE #02042990 • Brokerage DRE #01050989 • RE/MAX ESTATE PROPERTIES
Property Details for 8115 South Figueroa Street
Zoning
LAC2
Parcel Number6032024006
Total Units6.0
Living Area2248
Source Living AreaVendor Enhanced
AreaMetropolitan Southwest (C36)
Vacancy Rate0
Lot Size Area6501
LISTING UPDATED: 09/10/2024 10:34 PM
Property Details for 8115 South Figueroa Street
Status | Active |
---|---|
MLS # | 24-404581 |
Days on Market | 157 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1950 |
Lot Size | 0.15 AC / 6,501 SF |
County | Los Angeles County |
Building Information for 8115 South Figueroa Street
Stories1Residences-Year Built1950Building Size-Lot Size0.15 AC / 6,501 SF
Property Information for 8115 South Figueroa Street
Property History for 8115 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 8115 South Figueroa Street
Taxable ValueLand$561,000Additions$240,300Total$801,300
Tax Record2024$10,577 ($881 / month)
Home Facts
Total Finished SqFt2,248 SqFtAbove Grade Finished SqFt2,248 SqFtLot Size6,501 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningLAC2CountyLOS ANGELESAPN6032-024-006
Schools near 8115 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 |
---|---|---|
Loren Miller Elementary School 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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