Los Angeles, CA 90061 10908 S Figueroa Street
$800,000
5 more
Presented By: Casey Lins with Kidder Mathews of California, Inc.;
Beds • 4
Baths • 5
SQFT • 2,815
Year Built • 1926
Home Details
We are proud to present 10908 S Figueroa St, a 5-unit mixed-use property located in Los Angeles, operating at a 6.42% CAP and an 8.22 GRM on current rents, with potential upside to an 8.90% CAP and a 6.74 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.
Presented By: Casey Lins with Kidder Mathews of California, Inc.;
Interior Features for 10908 S Figueroa Street
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths5
1/4 Baths
3/4 Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
LivingAreaSourceAssessor
Total Stories1
General for 10908 S Figueroa Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate6.42
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsGoogle Maps: 10908 S Figueroa St, Los Angeles, CA 90061
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income97271.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet5125.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MobileHomeRemainsYNNo
Net Operating Income51348.0
New ConstructionNo
Number Of Units Total5
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Year Built1926
Year Built SourceAssessor
ZoningLAC2
Exterior for 10908 S Figueroa Street
Building Area Total2815.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1177
Lot Size Area5125.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking5.0
WaterfrontY/NNo
Additional Details
Price History
