10311 S Figueroa Street
Los Angeles, CA 90003
Active for $1,050,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 5,501 sqft
| MLS | SB24250916 |
| Year Built | 1943 |
| Property Type | Mixed Use |
| County | Los Angeles |
| Status | Active |
| Active | $1,050,000 |
| Structure Size | N/A sqft |
| Lot Size | 5,501 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc. 310-729-1559. *Based on information from the Association of REALTORS/Multiple Listing as of 01/09/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Rita Strickroth
REALTOR®
Direct: 626.688.9913
Email: Email Me
DRE: 00893384
DRE #01873088
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