CA > Los Angeles
Los Angeles, CA 90003,8307 S Figueroa St
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Los Angeles, CA 90003,8307 S Figueroa St
Los Angeles, CA 90003,8307 S Figueroa St
Los Angeles, CA 90003,8307 S Figueroa St
Los Angeles, CA 90003,8307 S Figueroa St
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 2,150,000
Est. payment /mo
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8307 S Figueroa St Los Angeles, CA 90003

18 Beds

10 Baths

7,584 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,584 sqft

Price per Sqft $283

MLS Listing ID 25542775

Bedrooms 18

Year Built 1991

Lot Size 7,501 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

8307 S. Figueroa Street-a rare, non-RSO 9-unit multifamily offering located in the high-demand Vermont Knolls neighborhood of South Los Angeles. Constructed in 1991 and newly painted, this three-story building spans 7,584 square feet of rentable space and sits on a 7,499 square-foot lot zoned LAC2-1VL-CPIO with a Tier 2 TOC designation. The unit mix consists entirely of spacious two-bedroom units, including eight -2 bed/1-bath and one 2-bed/1.5-bath layout. The property is 100% occupied, with an average rent of $2,154 per unit and approximately 25% upside potential. Investors benefit from favorable rent control regulations allowing annual increases of 5% + CPI (currently 8.9%, capped at 10%). Each unit is separately metered for gas and electricity and includes its own water heater, minimizing landlord expenses, which are limited to water, common-area electricity, and trash. The building features secure gated access and 18 covered parking spaces-two per unit-which are exempt from seismic retrofit requirements. Strategically positioned near the 10 and 110 Freeways and within proximity to theCrenshaw/LAX rail lines, the property offers exceptional accessibility to Downtown LA, Culver City, Santa Monica, and the South Bay.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning

Equipment Range/Oven, Refrigerator

Exterior

Parking Features Covered Parking

Garage Spaces 18.0

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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