• 10950 S Figueroa Street Los Angeles, CA 90061

  • $1,950,000
  • 16
    Bed(s)
  • 8
    Baths
  • 5,516
    Sq Ft
  • 6785
    Sqft
  • Listed By: Luis Gonzalez, Vista Sotheby’s International Realty, DRE #01137141
  • Source: CRMLS

This 4 unit multi-family building built in 2009 already earning great income that starts with 6% cap rate. The tenants pay for water, gas, electrical and trash. Each unit has separate Water, Electric & Gas Meters. The property consist of 2 separate buildings, side by side, in one gated complex in excellent condition, built in 2009. Each of the 4 units feature  4 bedrooms, 2 bathrooms that include a bath tube and a shower. Each unit does have a laundry area with washer and dryer hook-ups inside each unit.  This 4 unit property that comprises of 2 duplexes on one lot, 2 separate parcels, each in excellent condition overall inside all the units and very attractive exterior of the buildings outside with a surrounding security gate and a grassed area for recreation. The tenants will enjoy  large kitchens with all the kitchen amenities, such as granite countertops, dishwashers, garbage, disposal, tile floor and lots of wood cabinets, double pan windows throughout each unit. The bedrooms are larger than normal rentals, with newer carpets and with large closets, this helps the tenants enjoy a superb at home family lifestyle. Tenants love that units are close to LAX USC , LA Downtown, 110 & 105 FWY and public transit.  ASSUME LOW INTEREST FINANCING CALL FOR DETAILS. Possible 1 unit vacancy available call for details

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1060277825 2 4 2 0
2 1060277825 2 4 2 0
3 1060277825 2 4 2 0
4 1060277825 2 4 2 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition

Interior Features: All Bedrooms Up,All Bedrooms Down

Windows: Double Pane Windows

Property Appliances: Dishwasher

Fireplace: None

Flooring: Carpet,Tile

Cooling Features

None

Air Conditioning

Heating Source

Forced Air

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 2009

Building Area Total: 5,516

Construction: Drywall,Frame,Other,Stucco

Roof: Composition

Security Features

Gated Community,Security Lights,Window Bars

Pool Features

None

Laundry Features

Washer Hookup,Gas Dryer Hookup,Laundry Room

Fencing

Chain Link,Good Condition,Pipe

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1558

Lot Size Source: Assessor

Lot Size Square Feet: 6785

Listing Price Information

Original List Price: 1,950,000

Listing Contract Date: 2024-02-08

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 6075032012

Tax Year: 2023

Annual Tax: 18085

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: All Utilities,Electricity,Gas,Trash Collection,Water

Other Property Info

Source Listing Status: Active

Source Neighborhood: C37 - Metropolitan South

Directions: 110 FWY exit Century Blvd to Figueroa to 109th st on the corner.

Source Property Type: Residential Income

Area: C37 - Metropolitan South

Property SubType: Quadruplex

Building and Construction

Property Age: 15

Common Walls: No Common Walls

Property Condition: Turnkey

Structure Type: Quadruplex

Year Built Source: Assessor

Entry Level: 1

Entry Location: main

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11415 Link Street, Los Angeles, CA,90061 $525,000 -- -- -- 3544 Sqft
321 W 120th Street, Los Angeles, CA,90061 $500,000 2 1 1,200 5303 Sqft
11715 S Avalon Boulevard, Los Angeles, CA,90061 $550,000 2 1 908 5277 Sqft
11863 Avalon Boulevard, Los Angeles, CA,90061 $650,000 3 2 1,902 5541 Sqft
13500 Avalon Boulevard, Los Angeles, CA,90061 $1,995,000 -- -- -- 16055 Sqft
11854 Avalon Boulevard, Los Angeles, CA,90061 $1,395,000 -- -- -- 15222 Sqft
12921 Cook Street, Los Angeles, CA,90061 $699,999 3 1 1,014 5534 Sqft
427 E 112th Street, Los Angeles, CA,90061 $1,349,900 7 5 3,084 6838 Sqft
210 E 120th Street, Los Angeles, CA,90061 $725,000 1 1 1,605 8145 Sqft
10904 S Spring Street, Los Angeles, CA,90061 $775,000 4 3 1,793 6387 Sqft

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ByOwner last updated this listing 06/16/2024 @ 12:06

MLS: SB24029476
LISTED BY: Luis Gonzalez, Vista Sotheby’s International Realty
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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