10908 S Figueroa St - Apartments FOR SALE


Los Angeles, CA 90061
$900,000 USD
213-225-7223
10908 S Figueroa St, Los Angeles, CA for Sale
$900,000 USD
Apartments - FOR SALE
1/10
null | 5.4% Cap Rate

10908 S Figueroa St
Los Angeles, CA 90061


OVERVIEW

We are proud to present 10908 S Figueroa St a 5-unit property located in Los Angeles, operating at a 5.40% CAP and a 10.31 GRM on current rents, with potential upside to a 9.85% CAP and a 6.88 GRM on pro forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of one (1) two-bedroom units, two (2) one-bedroom units and two (2) studio units. Four out of five units have been renovated. There are also five uncovered parking spaces in the rear accessible by alley. This opportunity is located in close proximity to the 110 and 105 freeways, as well as a number of community establishments such as Balbuena’s Mexican, Superior Grocers, Taco Vaquero, Playa Dorada and Surprise Market. Contact Casey Lins at 714-333-6768 or Casey.Lins@kidder.com for additional information.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$320 USD /SF

# OF UNITS

5

PRICE/UNIT

$180,000

CAP RATE

5.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5-Units - Fully Occupied

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,123 SF

ZONING

LAC2

APN/PARCEL ID

6075-033-042

ASK ABOUT THIS PROPERTY

Casey LinsKidder MathewsMore Info
213-225-7223

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Casey LinsKidder MathewsMore Info
213-225-7223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.