10974 S Figueroa St, Los Angeles, CA 90061
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10974 S Figueroa St, Los Angeles, CA 90061
10974 S Figueroa St, Los Angeles, CA 90061
10974 S Figueroa St, Los Angeles, CA 90061
10974 S Figueroa St, Los Angeles, CA 90061
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$ 1,595,000
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10974 S Figueroa St Los Angeles, CA 90061

16 Beds

10 Baths

5,356 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,356 sqft

Price per Sqft $297

MLS Listing ID 26660717

Bedrooms 16

Year Built 1958

Lot Size 6,785 Sqft

Acres 0.1241

Property Sub-Type Multi-Family

Property Description

10974 S. Figueroa Street, Los Angeles, CA 90061 presents a 10-unitmultifamily investment opportunity located on a corner parcel in a strong rental corridor of Los Angeles. Constructed in 1958, the property consists of six (6) 1-bedroom / 1-bathroom units and four (4) 2-bedroom / 1-bathroomunits, offering a desirable and balanced unit mix that appeals to abroad tenant base. The building contains approximately 5,374 rentable square feet and sits on a 6,783 square foot lot. The property is currently not fully stabilized, with three vacant units one (1) 1-bedroom / 1-bathroom unit and two (2)2-bedroom / 1-bathroom units providing an immediate opportunity for anew owner to lease the units at market rents and increase the property's income. Tenant convenience is supported by ample gated and secured on-site parking, an important amenity that enhances tenant appeal and retention. With its corner lot location, practical unit mix, and near-term income upside through leasing of the vacant units, the property presents a compelling value-add opportunity for investors seeking both current income and future growth in a Los Angeles rental market.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Ceiling Fan, Garbage Disposal, Refrigerator, Range/Oven

Laundry Community

Exterior

Parking Features Uncovered

Garage Spaces 11.0

Pool None

Waterfront Description None

Roof Type Shingle

Building

Story 2

Foundation Raised

Level or Stories Two

Structure Type Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by BRC Advisors- BH

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10974 S Figueroa St

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Name

Name

Phone*

Phone

Message

Message
Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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