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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
$1,050,000
Est. payment /mo
2,424 SqFt
Coming Soon
10311 South Figueroa Street Los Angeles, CA 90003
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UPDATED:
12/18/2024 09:13 AM
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