$1,050,000
Est. payment /mo
5,501 Sqft Lot
Active
10311 S Figueroa ST Los Angeles, CA 90003
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UPDATED:
01/06/2025 12:22 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB24250916
Originating Board California Regional MLS
Year Built 1943
Lot Size 5,501 Sqft
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.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Laundry None
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 6061028014
Special Listing Condition Not Applicable
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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.