5874-5876 Figueroa St - Apartments FOR SALE


Los Angeles, CA 90003- Vermont Harbor
$1,475,000 USD
888-871-4678
5874-5876 Figueroa St, Los Angeles, CA for Sale
$1,475,000 USD
Apartments - FOR SALE
1/18
null | 6.8% Cap Rate

5874-5876 Figueroa St
Los Angeles, CA 90003
Vermont Harbor


HIGHLIGHTS

  • Upside potential, land zoning, selling with adjacent lot included on the price

OVERVIEW

Remarkable 9-unit property that promises low maintenance and minimal expenses—only trash and water! This asset is not just a property; it’s a gateway to significant returns. Request/ Download Offer Memorandum Key Highlights: • High Upside Potential: With current rents below market value, there’s ample room for increases that can enhance your cash flow. • Strategic Location: This property is being sold with the adjacent lot on 5886 S. Figueroa Street (APN 6004-036-016) included on the sale , currently utilized as parking, opening doors for future enhancements.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$318 USD /SF

# OF UNITS

45

PRICE/UNIT

$32,778

CAP RATE

6.8%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1934

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C2-1, Los Angeles

APN/PARCEL ID

6004-036-015,6004-036-016

ASK ABOUT THIS PROPERTY

Vania RinconKeller Williams Pacific EstatesMore Info
888-871-4678

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Vania RinconKeller Williams Pacific EstatesMore Info
888-871-4678

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