8115 S Figueroa Street Active

Los Angeles,CA 90003

$ 850000

- Bed

- Bath

2248 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,248 sqft

Price per Sqft $378

MLS Listing ID CRIG25141470

HOA Y/N No

Year Built 1950

Lot Size 6,501 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

South Los Angeles Investment Property. Located in the vibrant Congress Southeast neighborhood on the major Figueroa Street corridor, this 6-unit apartment building offers strong rental income potential with 5 studio units and one 1-bedroom, 1-bathroom unit. It has a strategic location with public transportation just steps away, including Broadway/104th bus service to Downtown LA and convenient access to the Green Metro Line to LAX. Downtown LA is only 15-20 minutes by car, making this building attractive to renters seeking central Los Angeles accessibility without downtown pricing. According to the owner, the 1B/1B unit has unpermitted internal demising walls making it 3 rooms with a bathroom and a kitchen. This unit is leased out short term with the average monthly net rent of $2,130 a month.

Location

State CA

County Los Angeles

Interior

Heating None

Cooling None

Fireplace No

Laundry No Hookups

Building

Lot Description Other

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