10311 S Figueroa Street

Los Angeles, CA 90003

$1,050,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1943

calendar_month Built

Property Description

Part of an 11 Building Portfolio! Can be sold individually or as a portfolio. 10311-10315 S. Figueroa is a cash flow opportunity with nearly $40,000 annual upside in current rents. The property operates with very little expenses. The current net operating income will qualify for attractive financing with great leverage. Additional yield can be achieved with the creation of additional units per SB 1211. Buyer to verify.

Listing Information

List Price $1,050,000
Status Active
MLS SB24250916
Type Residential Income
Subtype Mixed Use
Year Built 1943
Lot Size 5,501
Structure Size N/A
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Aaron Jacobson DRE#02100737
Co-Listing Agent Peter James DRE#01748556

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Aaron Jacobson, Peter James, Lyon Stahl Investment Real Estate, Inc. 310-729-1559. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 6th, 2025 at 1:17 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.