6701 North Figueroa Street

Los Angeles, CA 90042

$1,445,000
Last Sold Price
6
Beds
3
Baths
5,297 Sq. Ft.
$273 / Sq. Ft.
5,297
Sq. Ft.
$273
per Sq. Ft.

Description

This property just came back to market with a $245,000 price reduction. The property consists of three, two bedroom + one bath apartments and one retail location. Two of the apartments are charming bungalow style units and the third is a second floor unit with a private patio. Each unit has covered parking spaces available. The retail location was a previous market, which currently is being used for storage. The total square footage of the property is ~5,297 SF, of which ~3,000 SF is the front retail...This property just came back to market with a $245,000 price reduction. The property consists of three, two bedroom + one bath apartments and one retail location. Two of the apartments are charming bungalow style units and the third is a second floor unit with a private patio. Each unit has covered parking spaces available. The retail location was a previous market, which currently is being used for storage. The total square footage of the property is ~5,297 SF, of which ~3,000 SF is the front retail unit. The property sits on a large corner lot which is 7,159 SF.
  1. Listed by DRE #C113350 • Brokerage DRE #01396547 • Compass

Property Details for 6701 North Figueroa Street

Zoning
LARD1.5
Parcel Number
5486008021
Total Units
4.0
Living Area
5297
Source Living Area
Title Company
Area
Highland Park (632)
Vacancy Rate
0
Lot Size Area
7160

Location

Listing Courtesy of Compass, DRE #C113350

Sold By Compass, DRE #C113350

Add your commute
LISTING UPDATED: 12/07/2020 05:14 PM

Property Details for 6701 North Figueroa Street

StatusSold
MLS #20-607536
Days on Market111
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.16 AC / 7,160 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, DRE #C113350

Sold By Compass, DRE #C113350

Add your commute

Building Information for 6701 North Figueroa Street

Stories1Residences-Year Built1924Building Size-Lot Size0.16 AC / 7,160 SF

Payment Calculator

$9,447 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,886

Property Taxes

$1,561

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6701 North Figueroa Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 4
  • Type Of Units: Mixed-Use
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: Scheduled
  • Gross Operating Income: $124,584
  • Net Operating Income: $94,220.00
  • Gross Income: $124,584
  • Gross Rent Multiplier: $12.78
  • Total Annual Expense: 30364
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1644
  • Lot Size Square Feet: 7160
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 6
  • Open Other Spaces Total: 3
  • Garage Spaces Total: 3
  • Parking Features: Assigned
Interior Features
Interior Features
  • Cooling Type: Wall Unit(s), Window Unit(s)
  • Heating Type: Other
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Refrigerator, Trash Compactor, Washer, Water Line to Refrigerator, Range/Oven
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: 09-09-2020
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,765.00
  • Unit Actual Rent: $1,765.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,110.00
  • Unit Actual Rent: $1,110.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,250.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $264,934.00
  • Assessed Improvement Percent: 35.82
  • Assessed Land Value: $474,677.00
  • Assessed Land Percent: 64.18
  • Assessed Total Value: $739,611.00

Property History for 6701 North 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 6701 North Figueroa Street

Taxable ValueLand$1,040,400Additions$462,978Total$1,503,378
Tax Record2023$18,735 ($1,561 / month)
Home Facts
Total Finished SqFt5,297 SqFtAbove Grade Finished SqFt5,297 SqFtStories1Lot Size7,160 SqFtStyleOffice BuildingYear Built1924ZoningLARD1.5CountyLOS ANGELESAPN5486-008-021

Schools near 6701 North Figueroa Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 7 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
PUC International Preparatory Academy
CharterK to 8

Eagle Rock High School
Public7 to 12

Luther Burbank Middle School
Public6 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Compass, DRE #C113350

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.