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5876 S Figueroa Street

Los Angeles, CA 90003

– beds
– baths
– sqft
4,801 sqft lot
1934 build
– on site

Attention Investors!Seize this rare chance to own a 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.Key Highlights:*High Upside Potential: With current rents below market value, there's ample room for increases that can enhance your cash flow.*Future Development Possibilities: Explore the exciting potential for expansion! Reports indicate the possibility of developing up to 34 low-income units, maximizing your investment's value.*Strategic Location: This property is being sold with the adjacent lot on 5886 S. Figueroa Street (APN 6004-036-016) asking price $350,000, currently utilized as parking, opening doors for future enhancements.Don't let this unique opportunity pass you by! Invest in your future and capitalize on the growth potential of this property today. For more details and to schedule a viewing, contact us now!

Listed By CRMLS_CA / Vania Rincon / Keller Williams Beverly Hills

Last checked: Checking… • Last updated Nov 23, 2024 •

MLS# 24466245 —

The Building

Year Built:

1934
Year Built Source:

Other
New Construction:

No
Building Area Total:

4639.00
# of Buildings:

3
Total Number Of Units:

4
Stories Total:

2

Interior

Levels:

Two

Location

Directions:

South of Slauson Ave
Latitude:

33.98753100
Longitude:

-118.28230100

The Property

Property Type:

Residential Income
Zoning:

LAC2
Lot Size Area:

4801.0000
Lot Size Dimensions:

80x120
Lot Size Acres:

0.1102
Lot Size SqFt:

4801.00
Lot Size Source:

Assessor

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6004036015

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Appliances

Included:

Yes

The Community

Senior Community:

No
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Uncovered
Parking Spaces:

12.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
11/22/24 Nov 22, 2024	Listed / Active	CRMLS_CA	$1,475,000

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This multifamily located in South LA, Los Angeles, CA 90003 is currently for sale for $1,475,000. 5876 S Figueroa Street is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 5876 S Figueroa Street is in the South LA neighborhood of Los Angeles and has a WalkScore® of 77, making it very walkable. This multifamily is in the attendance area of 61st Street Elementary School, Los Angeles Academy Middle School, and Augustus F Hawkins Senior High - A Critical Design And Gaming School.

Listing Courtesy of: CRMLS_CA and Keller Williams Beverly Hills. Based on information from California Regional Multiple Listing Service, Inc. as of 19:00 on Nov 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.