10507 S Figueroa Street
Los Angeles, CA 90003
- – beds
- – baths
- – sqft
- 10,432 sqft lot
- 1956 build
- – on site
Introducing, for the first time on market in over 20 years, the opportunity to purchase 10507 and 10511 S Figueroa Street. This investment opportunity consists of 16 one bedroom + one bath units and is priced to sell at only $139,000/unit and a 9.75 GRM at current numbers. Tenants enjoy onsite parking and a close proximity to the 110 and 105 freeways. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize a significant upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historically low vacancy rates and consistent rent growth over the same period. Section 8 vouchers are currently $2,172 for 1-bedroom units.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jan 31, 2025
•
MLS# 25484617 —
The Building
-
Year Built:1956
-
New Construction:No
-
Building Area Total:9760.00
-
Total Number Of Units:16
-
# of Buildings:2
-
Stories Total:2
Interior
-
Levels:Two
Location
-
Directions:Located on S Figueroa St, south of Century Blvd
-
Latitude:33.94046500
-
Longitude:-118.28293400
The Property
-
Property Type:Residential Income
-
Zoning:LAC2
-
Lot Size Area:10432.0000
-
Lot Size Acres:0.2395
-
Lot Size SqFt:10432.00
-
Lot Size Source:Other
Listing Agent
- Contact info:
- No listing contact info available
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:6061025026
Heating & Cooling
-
Heating:1
-
Heating:Wall Furnace
-
Cooling:Yes
-
Cooling:Wall/Window Unit(s)
Appliances
-
Included:Yes
The Community
-
Association:No
-
Senior Community:No
-
Assessments:No
Parking
-
Parking:Yes
-
Parking:Assigned
-
Parking Spaces:16.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/30/25
Jan 30, 2025
|
Pending | CRMLS_CA | $2,225,000 | |
|
1/16/25
Jan 16, 2025
|
Listed / Active | CRMLS_CA | $2,225,000 | |
|
8/22/24
Aug 22, 2024
|
Listed / Active | CRMLS_CA |
