10311 S Figueroa ST new

Los Angeles,CA 90003

$ 1050000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB24250916

Originating Board California Regional MLS

Year Built 1943

Lot Size 5,501 Sqft

Property Description

Part of an 11 Building Portfolio! Can be sold individually or as a portfolio. 10311-10315 S. Figueroa is a cash flow opportunity with nearly $40,000 annual upside in current rents. The property operates with very little expenses. The current net operating income will qualify for attractive financing with great leverage. Additional yield can be achieved with the creation of additional units per SB 1211. Buyer to verify.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Laundry None

Exterior

Pool None

Building

Water District - Public

Others

Tax ID 6061028014

Special Listing Condition Not Applicable

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