CA > Los Angeles
Los Angeles, CA 90003,10412 S Figueroa St
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Los Angeles, CA 90003,10412 S Figueroa St
Los Angeles, CA 90003,10412 S Figueroa St
Los Angeles, CA 90003,10412 S Figueroa St
Los Angeles, CA 90003,10412 S Figueroa St
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 3,078,000
Est. payment /mo
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10412 S Figueroa St Los Angeles, CA 90003

19 Beds

19 Baths

5,295 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,295 sqft

Price per Sqft $581

MLS Listing ID 25583555

Bedrooms 19

Year Built 1960

Lot Size 5,678 Sqft

Acres 0.1303

Property Sub-Type Multi-Family

Property Description

We are pleased to present 10412 S. Figueroa Street, a nineteen-unit multifamily investment opportunity located in the Vermont Vista neighborhood of South Los Angeles. This fully renovated vacant asset offers potential investors with a variety of different investment strategies to maximize cash flow in a dense and high rental demand submarket of South Los Angeles. With strong potential income, historically low vacancy rate in the area, and excellent long-term fundamentals, the property presents a compelling opportunity for yield seeking investors. Originally constructed in 1960, the property consists of thirteen bachelor units, five studio units, and one one-bedroom/one-bathroom unit. The property is master-metered for gas and water and individually metered for electricity. This property has been completely gutted and rebuilt due to a previous fire and benefits from a newer roof, plumbing, and electrical system. Residents benefit from secure, gated access and plenty of parking in the rear of the property. 10412 S. Figueroa offers significant development potential. Under SB 1211, an investor could explore the possibility of developing eight ADUs to maximize the lot's potential. Situated just four blocks from the nearest on- and off-ramps to the 110 Freeway, the property provides excellent regional access to Downtown Los Angeles, LAX, and the South Bay. With high rental demand and a shortage of affordable housing options, 10412 S. Figueroa is ideally positioned to deliver both near-term and long-term returns. The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO).

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Garbage Disposal

Exterior

Parking Features Gated

Garage Spaces 13.0

Pool None

Building

Story 2

Level or Stories Multi/Split

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.

Listed by Marcus & Millichap

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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