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12016 S Figueroa Street

Los Angeles (City), CA 90061
  • $1,099,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: MB23141610
UPDATED: 16 min ago
$1,099,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1914
County:

School Ratings & Info

Listing Agent(s): Delimiro Ceja of Century 21 Realty Masters (323-722-7300)


Description

ATTENTION ALL INVESTORS. A remarkable investment opportunity awaits in a prime Los Angeles location, conveniently close to LAX. This amazing property comprises four units thoughtfully consolidated within two APNs, offering an exceptional chance to capitalize on its potential. With coveted LAR3 zoning, the possibilities are endless for expansion and maximizing rental income. Properties like this, with such advantageous zoning, are scarce and highly sought-after. Seize this rare opportunity to make a lucrative investment in a desirable area. Don't miss out! Act now.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T14:36:11.87. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142005964
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12016 S Figueroa Street Los Angeles (City), CA 90061

  • Price: $1,099,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 16 min ago
  • MLS #: MB23141610
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1914
Built
Neighborhood:
C36 - Metropolitan Southwest
County:
Los Angeles
Area:
C36 - Metropolitan Southwest
Property Description
ATTENTION ALL INVESTORS. A remarkable investment opportunity awaits in a prime Los Angeles location, conveniently close to LAX. This amazing property comprises four units thoughtfully consolidated within two APNs, offering an exceptional chance to capitalize on its potential. With coveted LAR3 zoning, the possibilities are endless for expansion and maximizing rental income. Properties like this, with such advantageous zoning, are scarce and highly sought-after. Seize this rare opportunity to make a lucrative investment in a desirable area. Don't miss out! Act now.
Exterior Features

Entry Level 1 Entry Location Front Lot Features Front YardWalkstreet Number Of Separate Electric Meters 4 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Storm Drain(S)Street LightsSidewalks Contingency Seller Will Participate in A 1031 Exchange. Thank You! Garage YN Yes Gross Income 38400 Gross Scheduled Income 38400 Insurance Expense 2500 Land Lease YN No Laundry Features Outside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 Exchange Net Operating Income 30400 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 8000 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1600 Water Sewer Expense 3900 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T14:36:11.87. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Delimiro Ceja of Century 21 Realty Masters (323-722-7300)