We are proud to present 10908 S Figueroa St, a 5-unit mixed-use property located in Los Angeles, operating at a 6.67% CAP and a 7.97 GRM on current rents, with potential upside to a 9.23% CAP and a 6.53 GRM on pro forma rents. The property consists of three separate… Read More 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. Read Less
Property listed by Kidder Mathews of California, Inc., Casey Lins 310-259-7556
Listing Snapshot
Days Online
114
Last Updated
Beds
4
Square Ft.
2,815
Lot Size
0.12 Acres
Year Built
1926
MLS Number
26637911
Additional Details
Building
Built in 1926, Living area: 2815.0, 3 buildings, 1 storey, Levels: One, Entry level: 1
Cooling
None
Heating
WallFurnace
Income
Gross Income: $97,271, Net Operating Income: $51,660
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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