10311 S Figueroa ST Active

Los Angeles,CA 90003

$ 1050000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24250916

HOA Y/N No

Year Built 1943

Lot Size 5,501 Sqft

Property Description

Part of an 11 Building Portfolio! Can be sold individually or as a portfolio. 10311-10315 S. Figueroa is a cash flow opportunity with nearly $40,000 annual upside in current rents. The property operates with very little expenses. The current net operating income will qualify for attractive financing with great leverage. Additional yield can be achieved with the creation of additional units per SB 1211. Buyer to verify.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAC2

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Biking,Dog Park,Street Lights,Sidewalks,Urban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6061028014

Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional

Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional

Special Listing Condition Standard

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