S Figueroa Street
S Figueroa Street Los Angeles, California 90003 United States

$589,000
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LeMark Realty

Listing Courtesy of LeMark Realty
.06 Acres
Exterior
Residential Income
Property type
1940
Year Built
21695732
Web Id
21695732
MLS ID
Los Angeles Unified
School District
12
days ago

About S Figueroa Street

7% CAP RATE! Unheard of in LA and cash flowing opportunity for investors with both units Section 8 approved generating $3,830 monthly gross income. This is a centrally located income producing property with LAC2 zoning. Both units have been recently remodeled. Updated kitchens, electrical, and copper plumbing. Tile flooring throughout communal areas with laminate flooring in the bedrooms. 3 bed/2 bath back unit features remodeled kitchen with stainless steel appliances. Front unit is of similar style and consists of 1 bed/1 bath. Large driveway with room for RV and possibly up to 5 cars. Owner pays only water and units are separately metered for electricity and gas. Tenant pays electricity, gas, and trash. Convenient access to USC, YMCA, public transportation, shopping, and the 110 and 105 freeways while being just moments away from the new home of the Rams and state of the art entertainment venue SoFi Stadium!

Listing Courtesy of LeMark Realty, Savannah MLS

features

Parking
Driveway, Garage

PROPERTY INFORMATION

Heating
Forced Air
Parking Description
Driveway, Garage, RV Potential, Tandem

ADDITIONAL INFORMATION

Number of Units
2
Listing Courtesy of LeMark Realty