4741 North Figueroa Street

Los Angeles, CA 90065

$1,505,000
Last Sold Price
6
Beds
6
Baths
3,380 Sq. Ft.
$445 / Sq. Ft.
3,380
Sq. Ft.
$445
per Sq. Ft.

Description

Ideal Investment or Development Opportunity! With 100% occupancy, this well maintained 6-unit apartment complex in historic Highland Park Garvanza area currently generates a steady income and is an excellent investment for your future! This two-story Classic Californian apartment complex offers six 1bed/1 bath generously sized units with ample storage/closets and exterior entrance doors to each unit. Five of the units have recently been renovated and include in-unit electric washer/ dryer hookups....Ideal Investment or Development Opportunity! With 100% occupancy, this well maintained 6-unit apartment complex in historic Highland Park Garvanza area currently generates a steady income and is an excellent investment for your future! This two-story Classic Californian apartment complex offers six 1bed/1 bath generously sized units with ample storage/closets and exterior entrance doors to each unit. Five of the units have recently been renovated and include in-unit electric washer/ dryer hookups. Large communal patio overlooking mature trees. Presents potential development opportunity to add significant value to the property and increasing your income stream dramatically by adding additional units! Centrally located in desirable and trendy neighborhood near Downtown LA, Pasadena, Glendale, Metro station, parks, shops, museums. Showing with Written Offer only.

Property Details for 4741 North Figueroa Street

Water Front
None
Zoning
LARD2
Style
Contemporary
Parcel Number
5467017005
Total Units
6.0
Living Area
3380
Source Living Area
Assessor
Area
Highland Park (632)

Location

Listing Courtesy of Hancock Homes Realty, John Duerler, DRE #01848596; Hancock Homes Realty, Jill Duerler, DRE #01843015

Sold By PadMint, MITCHELL MCCARTHY, DRE #02000334

Add your commute
LISTING UPDATED: 07/19/2021 03:07 PM

Property Details for 4741 North Figueroa Street

StatusSold
MLS #21-684548
Days on Market101
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.27 AC / 11,565 SF
CountyLos Angeles County

Location

Listing Courtesy of Hancock Homes Realty, John Duerler, DRE #01848596; Hancock Homes Realty, Jill Duerler, DRE #01843015

Sold By PadMint, MITCHELL MCCARTHY, DRE #02000334

Add your commute

Building Information for 4741 North Figueroa Street

Stories2Residences-Year Built1957Building Size-Lot Size0.27 AC / 11,565 SF

Payment Calculator

$8,213 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,213

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4741 North Figueroa Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Association Amenities: Sewer
  • Association Fees Include: Sewer
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Connected
  • View: No
  • View Description: None
  • View: None
  • Direction Faces: North
Contract Info
Contract Info
  • 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: $108,005
  • Net Operating Income: $74,685.99
  • Gross Income: $113,652
  • Gross Rent Multiplier: $136,800.00
  • Actual Rent Total: $9,471.00
  • Owner Pays: Water
  • Total Annual Expense: 33320.00
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2655
  • Lot Size Square Feet: 11565
  • Lot Description: Street Concrete, Sidewalks, Walk Street
  • Lot Location: Patio Home, Park Nearby, Near Public Transit, City
Parking Details
Parking Details
  • Parking Garage: Oversized, Driveway - Concrete
  • Total Parking: 4
  • Parking Features: Oversized, Concrete
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Tile, Laminate
  • Equipment: Electric Dryer Hookup, Built-Ins
  • Kitchen Features: Remodeled, Counter Top
  • Bathroom Features: Remodeled
  • Common Walls: Attached
  • Cooking Appliances: Oven, Cooktop - Gas
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-27-2021
  • Tenant Pays: Gas, Electricity, Cable TV
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,596.00
  • Unit Actual Rent: $1,596.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,030.00
  • Unit Actual Rent: $1,030.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $1,750.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,545.00
  • Unit Actual Rent: $1,545.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $1,750.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $500,000.00
  • Assessed Improvement Percent: 43.1
  • Assessed Land Value: $660,000.00
  • Assessed Land Percent: 56.9
  • Assessed Total Value: $1,160,000.00

Property History for 4741 North Figueroa Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 4741 North Figueroa Street

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

Benjamin Franklin Senior High School
Public6 to 12

Arroyo Seco Museum Science
PublicK to 8

Highland Park Continuation 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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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 Hancock Homes Realty, John Duerler, DRE #01848596; Hancock Homes Realty, Jill Duerler, DRE #01843015

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.