10908 S Figueroa Street, Los Angeles, CA 90061
10908 S Figueroa Street, Los Angeles, CA 90061
10908 S Figueroa Street, Los Angeles, CA 90061
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$750,000
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2,815 SqFt
Active

10908 S Figueroa Street Los Angeles, CA 90061

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,815 sqft

Price per Sqft $266

MLS Listing ID CL26637911

HOA Y/N No

Year Built 1926

Lot Size 5,125 Sqft

Acres 0.1177

Property Sub-Type Other

Property Description

We are proud to present 10908 S Figueroa St, a 5-unit mixed-use property located in Los Angeles, operating at a 6.93% CAP and a 7.71 GRM on current rents, with potential upside to a 9.58% CAP and a 6.32 GRM on pro forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of 1 two-bedroom units, 2 one-bedroom units, 1 studio and 1 commercial unit. Four out of five units have been renovated. There are also five uncovered parking spaces in the rear accessible by alley. This opportunity is located in close proximity to the 110 and 105 freeways, as well as a number of community establishments such as Balbuena's Mexican, Superior Grocers, Taco Vaquero, Playa Dorada and Surprise Market. Property is subject to LA City rent control. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Zoning LAC2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 6075033042


Bridge MLS
Listed by Casey Lins • Kidder Mathews of California, Inc.

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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10908 S Figueroa Street