10311 South Figueroa Street Coming Soon

Los Angeles,CA 90003

$ 1050000

- Bed

0 Bath

2424 SqFt


Key Details

Property Type Single Family Home

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,424 sqft

Price per Sqft $433

MLS Listing ID SB-24250916

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

Zoning LAC2

Interior

Laundry None

Exterior

Parking Features Gated

Pool None

Community Features Biking,Dog Park,Sidewalks,Street Lights,Urban

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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