4555 North Figueroa Street
4555 North Figueroa Street
$2,650,000
15
15
7,997
7,997
$331
Sold 11/12/20
Description
The property boasts a phenomenal unit mix of 7 studios, 7 one bedroom/one bath units, and one 1+1 single family home. Common area amenities include an oversized parking lot, laundry room, and an abundance of open landscaped common area. A prime location and true value add deal is being offered at $3,450,000. Currently a 4.67% cap rate and a GRM of 14.65 with a pro forma cap rate of 6.92% and a GRM of 10.85. Three units will be delivered vacant including a private single family home. The rental income...The property boasts a phenomenal unit mix of 7 studios, 7 one bedroom/one bath units, and one 1+1 single family home. Common area amenities include an oversized parking lot, laundry room, and an abundance of open landscaped common area. A prime location and true value add deal is being offered at $3,450,000. Currently a 4.67% cap rate and a GRM of 14.65 with a pro forma cap rate of 6.92% and a GRM of 10.85. Three units will be delivered vacant including a private single family home. The rental income is approximately 35% below fair market value.
- Listed by Daniel Hirth • DRE #01515796 • Brokerage DRE #01854200 • Keller Williams-Santa Monica
Property Details for 4555 North Figueroa Street
Zoning
LARD1.5
Parcel Number5467009005
Total Units15.0
Living Area7997
Source Living AreaOther
AreaHighland Park (632)
Vacancy Rate2%
Lot Size Area16950
Location
LISTING UPDATED: 04/09/2021 10:02 AM
Property Details for 4555 North Figueroa Street
Status | Sold |
---|---|
MLS # | 19-529836 |
Days on Market | 132 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1908 |
Lot Size | 0.39 AC / 16,950 SF |
County | Los Angeles County |
Location
Building Information for 4555 North Figueroa Street
Stories2Residences-Year Built1908Building Size-Lot Size0.39 AC / 16,950 SF
Payment Calculator
$17,370 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4555 North Figueroa Street
Property History for 4555 North 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 4555 North Figueroa Street
Taxable ValueLand$1,508,580Additions$1,250,140Total$2,758,720
Tax Record2023$34,896 ($2,908 / month)
Home Facts
Total Finished SqFt7,997 SqFtAbove Grade Finished SqFt7,997 SqFtLot Size16,950 SqFtStyleMulti-Family Res (5+ Units)Year Built1908ZoningLARD1.5CountyLOS ANGELESAPN5467-009-005
Schools near 4555 North Figueroa Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Latona Avenue Elementary School PublicK to 6 | ||
Florence Nightingale Middle School Public6 to 8 | ||
Benjamin Franklin Senior High School Public6 to 12 | ||
Abraham Lincoln Senior High School Public9 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.
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