10409 South Figueroa Street

Los Angeles, CA 90044

$599,000
Price
4
Beds
3
Baths
1,359 Sq. Ft.
$441 / Sq. Ft.
1,359
Sq. Ft.
$441
per Sq. Ft.

Description

Excellent investment opportunity in the heart of South Los Angeles! A versatile property from owner-occupancy to investment, this is a centrally located income-producing duplex with LAC2 zoning. 3 bed/2 bath Spanish style back unit features an excellent floor plan, 809 square feet of living space, and an updated kitchen with stainless steel appliances. Front 1 bed/1 bath Mid-century style unit also offers a highly functional floor plan, 550 square feet of living space, and is in similar condition....Excellent investment opportunity in the heart of South Los Angeles! A versatile property from owner-occupancy to investment, this is a centrally located income-producing duplex with LAC2 zoning. 3 bed/2 bath Spanish style back unit features an excellent floor plan, 809 square feet of living space, and an updated kitchen with stainless steel appliances. Front 1 bed/1 bath Mid-century style unit also offers a highly functional floor plan, 550 square feet of living space, and is in similar condition. The front unit also features brand new fixtures throughout including a new gas wall heater unit, new stove/refrigerator, and new windows. Both units are in move-in ready condition and highlighted by updated kitchens, electrical system, and copper plumbing. Laminate flooring is offered in the bedrooms with tile flooring throughout the communal areas. Long driveway offers plenty of space for multiple vehicles. Both units are separately metered for electricity and gas. Owner pays for water only. Tenants pays for electricity, gas, and trash. Conveniently located to USC, YMCA, public transportation, and shopping. With so much to offer and with easy access to the 110 and 105 freeways while being just moments away to the state-of-the-art entertainment venue SoFi Stadium, home of the Los Angeles Rams and Los Angeles Chargers, this is truly a superb investment opportunity that you do not want to miss!
  1. Listed by Negin Stern • DRE #01729055 • Brokerage DRE #01729055 • LeMark Realty
  2. Listed by Pui Ching Tsui • DRE #01889817 • Brokerage DRE #01729055 • LeMark Realty

Property Details for 10409 South Figueroa Street

Zoning
LAC2
Parcel Number
6061027027
Total Units
2.0
Living Area
1359
Source Living Area
Assessor
Area
Metropolitan Southwest (C36)
Vacancy Rate
1
Lot Size Area
2981

Location

Listing Courtesy of LeMark Realty, Negin Stern, DRE #01729055; LeMark Realty, Pui Ching Tsui, DRE #01889817
Add your commute
LISTING UPDATED: 04/03/2024 04:05 PM

Property Details for 10409 South Figueroa Street

StatusActive
MLS #24-344453
Days on Market112
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.07 AC / 2,981 SF
CountyLos Angeles County

Location

Listing Courtesy of LeMark Realty, Negin Stern, DRE #01729055; LeMark Realty, Pui Ching Tsui, DRE #01889817
Add your commute

Building Information for 10409 South Figueroa Street

Stories1Residences-Year Built1940Building Size-Lot Size0.07 AC / 2,981 SF

Payment Calculator

$3,732 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$463

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10409 South Figueroa Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated
  • Water: Public, In Street
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Water Heater Unit, Gas
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, FHA, Cash To Existing Loan, Cash To New Loan, Conventional
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $2,275
  • Gross Rent Multiplier: $.00
  • Actual Gross Annual Income: $27,300
  • Owner Pays: Water
  • Total Annual Expense: 275
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0686
  • Lot Size Square Feet: 2981
  • Lot Description: Fenced, Fenced Yard
Parking Details
Parking Details
  • Parking Garage: Driveway, Tandem
  • Total Parking: 3
  • Open Other Spaces Total: 3
  • Parking Features: Driveway, Tandem Garage
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling Type: Ceiling Fan
  • Heating Type: Wall Gas
  • Flooring: Tile, Laminate
  • Equipment: Range/Oven, Refrigerator, Ceiling Fan, Washer, Dryer, Hood Fan
  • Interior Features: Ceiling Fan(s)
  • Room Kitchen Features: Tile Counters
  • Kitchen Features: Tile Counters, Counter Top
  • Room Bathroom Features: Tile Counters
  • Bathroom Features: Shower Over Tub, Tile
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Range Hood, Oven-Gas
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Composition, Shingle, Spanish Tile
  • Sprinklers: None
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Other Structural Features: Two On A Lot
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-11-2024
  • Rent Control: Yes
  • Tenant Pays: Trash Collection, Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,275.00
  • Unit Actual Rent: $2,275.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 10409 South Figueroa Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10409 South Figueroa Street

Taxable ValueLand$262,473Additions$174,982Total$437,455
Tax Record2023$5,556 ($463 / month)
Home Facts
Total Finished SqFt1,359 SqFtAbove Grade Finished SqFt1,359 SqFtLot Size2,988 SqFtStyleDuplexYear Built1940ZoningLAC2CountyLOS ANGELESAPN6061-027-027

Schools near 10409 South Figueroa Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Public - K to 5
Rating
School
Distance
Charles W. Barrett Elementary School
PublicK to 5

Bret Harte Preparatory Middle School
Public6 to 8

Alain Leroy Locke College Prep Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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10409 South Figueroa Street is a multi-family home for sale in Los Angeles, CA 90044. This property was listed for sale on January 11, 2024 by LeMark Realty, it's currently listed at $599,000. It has been on the market for a total of 112 days and was last sold on July 14, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Charles W. Barrett Elementary School, Bret Harte Preparatory Middle School and Alain Leroy Locke College Prep Academy. 10409 South Figueroa Street is a 4-bed, 3-bath, 1,359 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LeMark Realty, Negin Stern, DRE #01729055; LeMark Realty, Pui Ching Tsui, DRE #01889817

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.