8115 S Figueroa ST S new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90003
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG25141470
HOA Y/N No
Year Built 1950
Lot Size 6,499 Sqft
Lot Dimensions Assessor
Property Sub-Type Apartment
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
Area C36 - Metropolitan Southwest
Zoning LAC2
Interior
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Oven,Gas Range,Microwave,Refrigerator
Laundry None
Exterior
Parking Features Assigned,Driveway,Paved,Tandem,Unassigned,Uncovered
Pool None
Community Features Urban
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Accessibility None
Total Parking Spaces 7
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6032024006
Security Features Window Bars
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard