Los Angeles, CA 90061
$750,000
Mark Quesada
Broker / Owner
DRE #02101365
We are proud to present 10908 S Figueroa St, a 5-unit mixed-use property located in Los Angeles, operating at a 6.93% CAP and a 7.71 GRM on current rents, with potential upside to a 9.58% CAP and a 6.32 GRM on pro forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of 1 two-bedroom units, 2 one-bedroom units, 1 studio and 1 commercial unit. 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. Property is subject to LA City rent control. Contact the listing broker for additional information.
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$5,535/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Interior
Construction
Lot & parking
Listed by Casey Lins, Kidder Mathews of California, Inc.
Co-listed by Vincent Cook, Kidder Mathews of California, Inc
MLS# 26637911 · Active
$625,000
Median sale price
52 days
Avg days on market
100.1% of list
Sells for
Closed sales in 90061 over the last 6 months, all home types.
History reflects records reported to the MLS and may be incomplete.
Actual closed sales from the MLS — not estimates.
