Los Angeles CA home offered at $1,250,000
Call Lisa DiNoto Group at (909)921-2544 to see this home.
8330
S
Figueroa Street,
Los Angeles,
California
CA
90003-2727
Sold For: $1,150,000
Listing ID: WS22211133
Price/SqFt:
$252.41
Status:
Closed
Sold Date:
4/18/2023
SqFt:
4,556
Sq Ft
Acres:
0.144
Acres
Year Built:
1936
BACK TO THE MARKET. Great Investment Opportunity to own this 8 units property. Two story building with 4 apartments of one bedroom each and 2 duplexes with 4 little bungalows counting one bedroom each one. owner has recently remodeled some of the bathrooms and installed new electrical panel. Roof of the bungalows were installed 2 years ago. Property is just minutes away from 105 and 110 fwys, close to new Stadiums and convention centers. Strong rental market. never vacant. The majority of the units are below market rental but all tenants are current and investor has a true opportunity to increase the cash flow and the cap rate. Tenants are not aware of the sale. Please make an offer subject to interior inspection. See pictures of the condition of kitchen and bathrooms.
Primary Features
County:
Los Angeles
Price Before Reduction:
1325000
Price Reduction Date:
2023-01-05T23:08:45+00:00
Price/SqFt:
252.41
Property Type:
Residential Income
Year Built:
1936
Zoning:
LAR3
Interior
Appliances:
yes
Appliances:
Gas Range
Average 1 Bed Area Units:
Square Feet
Average 2 Bed Area Units:
Square Feet
Average 3 Bed Area Units:
Square Feet
Average Studio Area Units:
Square Feet
Building Area Units:
Square Feet
Common Walls:
1 Common Wall
Cooling:
yes
Cooling Type:
Wall/Window Unit(s)
Flooring:
Laminate, Tile, Vinyl
Heating:
yes
Heating Type:
Wall Furnace
Interior Features:
Ceiling Fan(s), Formica Counters, Tile Counters
Laundry:
no
Laundry Features:
None
Levels:
One, Two
Room Type:
Galley Kitchen, Kitchen, Living Room
Spa:
no
Spa Features:
None
Stories Total:
2
External
Fence:
yes
Fencing:
Chain Link
Lot Features:
Lot 6500-9999, Rectangular Lot
Lot Size Area:
6280
Lot Size Source:
Assessor
Lot Size Square Feet:
6280
Number Of Buildings:
3
Parking:
no
Parking Features:
None
Pool Features:
None
Private Pool:
no
Property Attached:
yes
Roof:
Flat, Mixed, Shingle
Sewer:
Public Sewer
View:
no
View Type:
None
Water Source:
Private
Location
Country:
US
Elevation Units:
Feet
MLS Area Major:
C36 - Metropolitan Southwest
Additional
Additional Parcels:
no
Assessments:
Unknown
Community Features:
Urban
Days On Market:
141
Disclosures:
Rent Control
List Agent State License:
01439504
List Office State License:
01910617
Lot Size Units:
Square Feet
New Construction:
no
Number Of Separate Electric Meters:
8
Number Of Separate Gas Meters:
8
Number Of Separate Water Meters:
1
Number Of Units Leased:
8
Number Of Units Total:
8
Parcel Number:
6032033005
Property Condition:
Repairs Cosmetic, Updated/Remodeled
Senior Community:
no
Utilities:
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Year Built Source:
Assessor
Financial
Gross Scheduled Income:
101776
Insurance Expense:
5967
Land Lease:
no
Net Operating Income:
87801
Operating Expense:
13975
Price Per Unit:
156250
Rent Control:
yes
Special Listing Conditions:
Standard
Tax Census Tract:
2383.20
Tax Lot:
5
Tax Tract Number:
2
Tenant Pays:
Electricity, Gas
Total Actual Rent:
8398
Total Expenses:
13975
Water Sewer Expense:
8008
Zoning Info
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Realty Masters and Associates or one of their associates. Last updated Thursday, April 18th, 2024.
Based on information from CARETS as of Thursday, April 18th, 2024 01:42:09 AM. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from CARETS as of Thursday, April 18th, 2024 01:42:09 AM. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Contact - Listing ID WS22211133
Lisa DiNoto
9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544
Data services provided by IDX Broker
