7307 Figueroa
Los Angeles, CA 90003
$105,000.00 (-9.55%)
Active for $995,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 6,243 sqft
MLS | SB24166481 |
Year Built | 1965 |
Property Type | Mixed Use |
County | Los Angeles |
Status | Active |
Active | $995,000 |
Structure Size | N/A sqft |
Lot Size | 6,243 sqft |
Beds | N/A |
Baths | N/A |
Description
ThiS Property has 4,221 SF of living space consisting of five (5) two- bedroom/one-bathroom units situated on a 6,243 SF lot. The property is currently grossing $101,664 annually with more than 30% rental upside. This Property offers an investor the opportunity to acquire a high-cashflow property in the strong rental market of South Los Angeles. By implementing a value-add program to raise the rents to market-rate, 7307 S Figueroa presents an amazing investment of any value-add buyer.
Listing information courtesy of: Marcus Nasrollahy, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/10/2024 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.