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Active
10311 S Figueroa ST Los Angeles, CA 90003
5,501 Sqft Lot
UPDATED:
01/06/2025 01:17 PM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24250916
HOA Y/N No
Year Built 1943
Lot Size 5,501 Sqft
Property Description
Part of an 11 Building Portfolio! Can be sold individually or as a portfolio. 10311-10315 S. Figueroa is a cash flow opportunity with nearly $40,000 annual upside in current rents. The property operates with very little expenses. The current net operating income will qualify for attractive financing with great leverage. Additional yield can be achieved with the creation of additional units per SB 1211. Buyer to verify.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAC2
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Biking, Dog Park, Street Lights, Sidewalks, Urban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6061028014
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc. • 310-729-1559