10974 South Figueroa Street
10974 South Figueroa Street
$2,075,000
16
10
5,374
5,374
$386
Sold 1/28/21
Description
Price improvement! Beautifully remodeled 10 unit building with abundant parking spread over two parcels of land. Excellent in-place cash flow with additional rental upside. Fantastic access to both the 110 and 105 freeways. Located 4.6 miles from the upcoming SoFi stadium in Inglewood and 6.1 miles from the LA Memorial Coliseum and Banc of California Stadium. Property features a desirable unit mix (six 2+1s, four 1+1s), on-site laundry for additional income, and is individually metered for gas and...Price improvement! Beautifully remodeled 10 unit building with abundant parking spread over two parcels of land. Excellent in-place cash flow with additional rental upside. Fantastic access to both the 110 and 105 freeways. Located 4.6 miles from the upcoming SoFi stadium in Inglewood and 6.1 miles from the LA Memorial Coliseum and Banc of California Stadium. Property features a desirable unit mix (six 2+1s, four 1+1s), on-site laundry for additional income, and is individually metered for gas and electricity. Building is not listed on the citys seismic retrofit list. 8 of the 10 tenants are receiving Section 8 assistance, making this a stable investment in the current uncertain economic climate. Dont miss this turnkey opportunity!
- Listed by Jordan Peikin • DRE #02015987 • Brokerage DRE #00655202 • Clement Partners Real Estate
Property Details for 10974 South Figueroa Street
Zoning
LARD1.5
Parcel Number6075032033
Total Units10.0
Living Area5374
Source Living AreaAssessor
AreaMetropolitan Southwest (C36)
Vacancy Rate0%
Lot Size Area6783
Location
LISTING UPDATED: 01/28/2021 12:39 PM
Property Details for 10974 South Figueroa Street
Status | Sold |
---|---|
MLS # | 20-593908 |
Days on Market | 136 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1958 |
Lot Size | 0.16 AC / 6,783 SF |
County | Los Angeles County |
Location
Building Information for 10974 South Figueroa Street
Stories2Residences-Year Built1958Building Size-Lot Size0.16 AC / 6,783 SF
Payment Calculator
$11,831 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 10974 South Figueroa Street
Property History for 10974 South Figueroa Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 10974 South Figueroa Street
Taxable ValueLand$367,261Additions$36,414Total$403,675
Tax Record2023$6,085 ($507 / month)
Home Facts
Beds0Lot Size1,381 SqFtStyleResidentialZoningLARD1.5CountyLOS ANGELESAPN6075-032-032
Schools near 10974 South Figueroa Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Charter - | 9 to 12 | |||
Public - | K to 2 |
Rating | School | Distance |
---|---|---|
Figueroa Street Elementary School PublicK to 5 | ||
Alliance College-Ready Middle Academy No. 4 Charter6 to 8 | ||
Alain Leroy Locke College Prep Academy Charter9 to 12 | ||
Washington Primary Center School PublicK to 2 |
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.
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