Address
6519 S Figueroa Street Los Angeles, CA
Price
$ 999,000
Property Attributes
  • MLS#SR20238655
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90003
  • StyleTriplex
  • Price$ 999,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Nestor Aguilar with Compass.
Data Source:
CRMLS
Property Description

Welcome to this exclusive income producing TRIPLEX available for sale in well-located South Los Angeles. Featuring 3 large units (one 4 bed/1 bath unit, one 3 bed/2 bath unit, one 3 bed/1 bath unit) One unit to be delivered VACANT. Current GSI is $5,266/mth; $63,192/yr with opportunity to rent vacant unit at current market rate. It presents a great opportunity for an investor looking for solid cash flow. Located in a rapidly appreciating South LA submarket & only +/- 3.5 miles south of USC, this triplex could be perfect for graduate students or faculty with a family. The proximity to the LA Memorial Coliseum, LAFC's new Banc of California Stadium & the Staples Center/DTLA makes it a great location for investment & continued appreciation over the coming years. The Lucas Museum has also broken ground locally in Exposition Park & is set to open in late 2021. With this area’s many new construction projects; existing stadiums/attractions & great proximity to DTLA, this is a great opportunity to acquire property in this appreciating market place.

Price History
11/13/2020 Listed $1,099,000
1/1/2021 10% - $999,000

General Features

Community Features Sidewalks, Urban
Cooling Central Air
Facing Direction East
Heating Central
Levels Two
MLS Area C34 - Los Angeles Southwest
Pool Features None
Property SubType Triplex
Property Type Residential Income
Sewer Public Sewer
Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Total Actual Rent 2266
Total Units 3
Water Sewer Expense 2100
Zoning LAC2

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Heating Y/N Yes
Laundry Features Washer Hookup, Gas Dryer Hookup

Exterior Features

Lot Features Paved, Rectangular Lot, Street Level
Lot Size Acres 0.1
Lot Size Area 4562
Lot Size Source Assessor
Lot Size Square Feet 4562
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 3
Number of Separate Gas Meters 3
Number of Separate Water Meters 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90003

Price
AVG $800K
$1,000K
Visits
AVG 33
47
Year Built
AVG 1947
1922
Walkscore
AVG 69
77
Data Provided by Walkscore ® not using MLS data

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