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11226 S Figueroa Street

Los Angeles (City), CA 90061
  • $1,700,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: 24355873
UPDATED: 44 min ago
$1,700,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,552
    SQFT
  • $479
    $/SQFT
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

Listing Agent(s): Griffin White of BRC Advisors- BH ()


Description

We are pleased to offer this eight unit investment opportunity, located in the City of Los Angeles. The unit mix consists of eight 1+1 units. The investment consists of approximately 3,552 of rentable square feet and is situated on two parcels of approximately 6,240 square feet. Recent property upgrades include a new surveillance system, new exterior paint, new exterior lighting, new exterior building and unit numbers, and seven of the units have recently been renovated. The building amenities include a large parking area with eight total spaces, a secured gated entry, and the property is separately metered for electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is in compliance with the Los Angeles Soft-Story Retrofit Program.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-26T15:33:09.81. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/147343362
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11226 S Figueroa Street Los Angeles (City), CA 90061

  • Price: $1,700,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 44 min ago
  • ID#: 24355873
8
Beds
0
Baths
0
½ Baths
0.14
Acres
3,552
SQFT
$479
$/SQFT
1954
Built
Neighborhood:
C36 - Metropolitan Southwest
County:
Los Angeles
Area:
C36 - Metropolitan Southwest
Property Description
We are pleased to offer this eight unit investment opportunity, located in the City of Los Angeles. The unit mix consists of eight 1+1 units. The investment consists of approximately 3,552 of rentable square feet and is situated on two parcels of approximately 6,240 square feet. Recent property upgrades include a new surveillance system, new exterior paint, new exterior lighting, new exterior building and unit numbers, and seven of the units have recently been renovated. The building amenities include a large parking area with eight total spaces, a secured gated entry, and the property is separately metered for electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is in compliance with the Los Angeles Soft-Story Retrofit Program.
Exterior Features

Parking Features None Parking Total 8

Property Features

Association YN No Cap Rate 7.01 Gross Income 170076 Levels One Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 119115 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-26T15:33:09.81. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Griffin White of BRC Advisors- BH ()