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$775,000
Est. payment /mo
2,815 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,815 sqft
Price per Sqft $275
MLS Listing ID CL25602857
HOA Y/N No
Year Built 1926
Lot Size 5,125 Sqft
Acres 0.12
Property Sub-Type Other
Property Description
We are proud to present 10908 S Figueroa St, a 5-unit mixed-use property located in Los Angeles, operating at a 6.67% CAP and a 7.97 GRM on current rents, with potential upside to a 9.23% CAP and a 6.53 GRM on pro forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of 1 two-bedroom units, 2 one-bedroom units, 1 studio and 1 commercial unit. Four out of five units have been renovated. There are also five uncovered parking spaces in the rear accessible by alley. This opportunity is located in close proximity to the 110 and 105 freeways, as well as a number of community establishments such as Balbuena's Mexican, Superior Grocers, Taco Vaquero, Playa Dorada and Surprise Market. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 6075033042
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Casey Lins • Kidder Mathews of California, Inc.