Los Angeles, CA 90061
$1,595,000
Mark Quesada
Broker / Owner
DRE #02101365
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.
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$11,771/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.
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Interior
Construction
Lot & parking
Listed by Sam Grayeli, BRC Advisors- BH
Co-listed by Ian Hollinger, BRC Advisors- BH
MLS# 26660717 · 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.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
