6427 South Figueroa Street

Los Angeles, CA 90003

$555,000
Last Sold Price
8
Beds
3
Baths
3,510 Sq. Ft.
$158 / Sq. Ft.
3,510
Sq. Ft.
$158
per Sq. Ft.

Description

3 units on a corner lot in LA just south of the Coliseum and USC. The property consists of two large 3 bedroom, 1 bathroom units and one 2 bedroom, 1 bathroom unit. Each unit comes with a 1 car garage. There are long-term tenants with lower rent, but the income potential is GREAT!3 units on a corner lot in LA just south of the Coliseum and USC. The property consists of two large 3 bedroom, 1 bathroom units and one 2 bedroom, 1 bathroom unit. Each unit comes with a 1 car garage. There are long-term tenants with lower rent, but the income potential is GREAT!
  1. Listed by Michael Berdelis • DRE #01234589 • Brokerage DRE #01220332 • 24 Hour Real Estate • 562-818-6111

Property Details for 6427 South Figueroa Street

Parking Spaces Total
2
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3510
Assessor Parcel Number
6004-020-044
Property Attached YN
false

Location

Listing Courtesy of 24 Hour Real Estate, Michael Berdelis, DRE #01234589

Sold By Landmark One Realty, Mojgan Yamini, DRE #01357662

Add your commute
LISTING UPDATED: 07/13/2023 08:33 AM

Property Details for 6427 South Figueroa Street

StatusClosed
MLS #DW23008462
Days on Market91
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1918
Lot Size0.14 AC / 6,004 SF
CountyLos Angeles County

Location

Listing Courtesy of 24 Hour Real Estate, Michael Berdelis, DRE #01234589

Sold By Landmark One Realty, Mojgan Yamini, DRE #01357662

Add your commute

Building Information for 6427 South Figueroa Street

Stories-Residences-Year Built1918Building Size-Lot Size0.14 AC / 6,004 SF

Payment Calculator

$3,414 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,029

Property Taxes

$385

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6427 South Figueroa Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $39,300
  • Vacancy Allowance: 0
  • Vacancy Allowance Rate: 0
  • Gross Operating Income: $39,300
  • Net Operating Income: $21,846
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Gross Multiplier: 20.35
  • Cap Rate: 2.73
  • Financing: Cash
Expense Details
  • Operating Expense: $17,454
  • New Taxes Expense: $9,999
  • Gardener Expense: $960
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $375
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,800
  • Maintenance Expense: $0
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Trash Expense: $1,980
  • Water Sewer Expense: $2,340
  • Supplies Expense: $0
  • Total Expenses: $17,454
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 2376.00
  • CFD/Mello-Roos Fee: $587
  • Tax Lot: 430
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Laundry Equipment Own Lease: Own
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $1,150
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $875
  • Unit Type Total Rent: $875
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 0
  • Number With Refrigerator: 0
  • Number With Carpet: 0
  • Number With Disposal: 3
  • Number With Drapes: 0
  • Number With Patio: 0
  • Number Wall AC: 0

Property History for 6427 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 6427 South Figueroa Street

Taxable ValueLand$168,212Additions$168,212Total$336,424
Tax Record2020$4,620 ($385 / month)
Home Facts
Total Finished SqFt3,510 SqFtAbove Grade Finished SqFt3,510 SqFtLot Size6,004 SqFtStyleTriplexZoningLAC2CountyLOS ANGELESAPN6004020044

Schools near 6427 South Figueroa Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gil Garcetti Learning Academy
PublicK to 6

Mary Mcleod Bethune Middle School
Public7 to 8

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 24 Hour Real Estate, Michael Berdelis, DRE #01234589

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.