11308 S Figueroa Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90061
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,610 sqft
Price per Sqft $313
MLS Listing ID CL24417391
HOA Y/N No
Year Built 1987
Lot Size 0.284 Acres
Acres 0.28
Property Description
7.30% Cap Rate And a 9.65 GRM with upside for 1987 product! No LA CIity RSO! 11.02% Proforma Cap Rate! We are pleased to offer this nine unit investment opportunity, located in the City of Los Angeles. The unit mix consists of three 2+1 and six 3+2 units. The investment consists of approximately 8,610 of rentable square feet and is situated on two adjacent parcels totaling approximately 12,350 square feet. Recent property upgrades include new exterior paint, new exterior lighting, a new wrought iron gate, new exterior building and unit numbers, and most of the units have recently been renovated. The building amenities include a large parking area with 18 total spaces, a billboard generating additional income, and the property is separately metered for both gas & electricity.
Location
State CA
County Los Angeles
Area Listing
Zoning LAC2
Interior
Cooling None
Fireplace No
Laundry Community Facility
Exterior
Parking Type Other,Uncovered Parking Space
Building
New Construction No
Others
Tax ID 6075027030