4240 Figueroa Street

Los Angeles, CA 90037
$3,999,999
Situated minutes from the USC campus and downtown LA. This 18 unit apartment asset has tremendous potential to increase rents and profitability. The property is well maintained in an area with high rental demand. Most units have been upgraded. There is ample parking and extensive upgrades to the infrastructure.Read MoreRead Less
Property listed by Federal Financial, Brian Tanenbaum 310-259-7556
Listing Snapshot
Days Online
144
Last Updated
Property Type
Apartment
Lot Size
0.34 Acres
Year Built
1964
MLS Number
SR25241053
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
FreeStandingRange
Building
Built in 1964, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: FRONT, Construction Materials: Drywall
Community
Urban
Cooling
None
Accessibility Features
None
Expenses
Trash: $1,200
Exterior Features
RainGutters
Fence
AverageCondition
Fireplaces
None
Foundation
Slab, TieDown
Garage
18 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $228,000
Laundry
CommonArea
Lot
0.3447 acres, Dimensions: 15016, ZeroToOneUnitAcre
Parking
7 carport spaces, 11 open parking spaces, 36 total parking spaces, Carport
Pool
None
Property
UpdatedRemodeled, Other structures: Storage
Roof
Shingle
Security Features
ResidentManager
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5019028029, Tax Block: 1, Lot: 8,9, Zoning: LAC2
Tenant Pays
AllUtilities, CableTv, Electricity, Gas
Utilities
CableAvailable, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, ElectricityOnProperty, 18 separate electric meters, 18 separate gas meters
Windows
Screens
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Monthly Payment
$0
Michael Harby
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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.