10908 S Figueroa Street, Los Angeles, CA 90061

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Property 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. 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.


Interior Features

Bedroom Information
Bedrooms 4
Bathroom Information
Bathrooms 5
Interior Information
Cooling Type None

Listing Information

Address 10908 S Figueroa Street
City Los Angeles
State CA
Zip 90061
County Los Angeles
Listing Agent Casey Lins DRE #01902650
Courtesy Of Kidder Mathews of California, Inc.
List Price $900,000
Status Active
Type Residential Income
Structure Size 2,815
Lot Size 5,125
Year Built 1926

Listing information courtesy of: Casey Lins, Kidder Mathews of California, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 16th, 2024 at 12:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.