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5876 S Figueroa Street

Los Angeles, CA 90003

– beds
– baths
4,639 sqft
4,801 sqft lot
$317 per sqft
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!

Listing courtesy of BRIDGE / Keller Williams Beverly Hills

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

MLS# CL24466245 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1934
Building Area Total:

4639
Building Area Units:

Square Feet

Room Dimensions

Living Area:

4639
Living Area Units:

Square Feet

Location

Directions:

South of Slauson Ave

The Property

Property Type:

Residential Income
Property Subtype:

OTHER
Lot Size Area:

0.11
Lot Size Acres:

0.11
Lot Size SqFt:

4801
Lot Size Units:

Acres
Zoning:

LAC2
Parcel Number:

6004036015

Listing Agent

Contact info:

Heating & Cooling

Heating:

Wall Furnace
Heating:

true
Cooling:

No Air Conditioning
Cooling:

true

The Community

Association:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Total:

12
Parking Features:

Other

Explore the Area

My Commute

From

Max Internet Speed

Verizon 5G Home Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
11/23/24 Nov 23, 2024	Listed / Active	BRIDGE	$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 4,639 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. 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 Keller Williams Beverly Hills

Listing Courtesy of: BRIDGE, data current as of 16:13 on Nov 23.

© bridgeMLS, CCAR MLS, and Bay East MLS 2024. Information deemed reliable but not guaranteed. This information is being provided by the Bay East MLS or CCAR MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.