11308 Figueroa Street, Los Angeles
Los Angeles Home For Sale
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.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90061
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- MLS® #:
- 24417391
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- Bedrooms:
- 5
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- Bathrooms:
- 3
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- Square Ft:
- 8,610
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- Lot Size:
- 0.28
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- Levels:
- Multi/Split
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of July 24th, 2024 at 4:20am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.