CA > Los Angeles
Los Angeles, CA 90061,10961 S Figueroa St
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Los Angeles, CA 90061,10961 S Figueroa St
Los Angeles, CA 90061,10961 S Figueroa St
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Scott Goshorn

Scott Goshorn

+1(323) 251-5479
$ 3,095,000
Est. payment /mo
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Active

10961 S Figueroa St Los Angeles, CA 90061

18 Beds

15 Baths

7,591 SqFt

UPDATED:

08/05/2024 07:58 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,591 sqft

Price per Sqft $407

MLS Listing ID 23-328555

Bedrooms 18

Year Built 1948

Lot Size 0.287 Acres

Property Description

6.74% CAP 15-unit on South Fig with upside! Assumable loan available at 3.500% fixed through June, 2026. 7,591 SF property consists of eight one bedroom/one bathroom units, three two bedroom/one bathroom units, and four studios. With immediate accessibility from the 110 and105 Freeways, 10961-10965 S Figueroa St. is very walkable from schools, retail shops, and restaurants. 45% upside in current rents leaves plenty potential for future ownership. Thirteen units have been turned over since acquisition, with renovations done including: Exterior paint, exterior lights, parking striping, rear stairwell redone, and a new surveillance system installed. This property also includes attached garages with the potential to add 2 ADUs (buyer to investigate). Ample parking is available with ten surface spaces. This property is under a 30 minute drive from University of Southern California and LAX, and just 5 minutes from Cal State Dominguez Hills. 3.5 miles to the southwest of 10961-10965 S. Figueroa St. is Torrance Airport and SpaceX Headquarters, located in the Los Angeles suburb of Hawthorne, California. The neighborhood's economic growth, new developments, rich diversity, and cultural vibrancy have made it a popular destination for residents, businesses, and visitors alike.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling Window Unit(s)

Equipment Cable, Range/Oven, Refrigerator, Garbage Disposal

Exterior

Garage None

Garage Spaces 10.0

Building

Story 2

Level or Stories Two, Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by CB Richard Ellis, Inc.

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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