Los Angeles, CA 90061 11308 S Figueroa Street
$2,695,000
3 more
Presented By: John Katnik with BRC Advisors- BH;
Beds • 24
Baths • 15
SQFT • 8,610
Home Details
7.30% Cap Rate And a 9.65 GRM with upside for 1987 product! No LA CIity RSO! 11.02% Proforma Cap Rate! We are pleased to offer this nine unit investment opportunity, located in the City of Los Angeles. The unit mix consists of three 2+1 and six 3+2 units. The investment consists of approximately 8,610 of rentable square feet and is situated on two adjacent parcels totaling approximately 12,350 square feet. Recent property upgrades include new exterior paint, new exterior lighting, a new wrought iron gate, new exterior building and unit numbers, and most of the units have recently been renovated. The building amenities include a large parking area with 18 total spaces, a billboard generating additional income, and the property is separately metered for both gas & electricity.
Presented By: John Katnik with BRC Advisors- BH;
Interior Features for 11308 S Figueroa Street
Bedrooms
Total Bedrooms24
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths15
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories3
General for 11308 S Figueroa Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.3
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market63
DirectionsNorth of Imperial and West of the 110 Freeway
Electric On Property Y/NNo
Facing DirectionWest
Full Baths
Garage Y/NNo
Gross Income279900.0
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet12350.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MobileHomeRemainsYNNo
Net Operating Income196745.0
New ConstructionNo
NumberOfUnitsTotal9
Open Parking Spaces18.0
PossessionCloseOfEscrow
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tenant PaysElectricity, Gas
View Y/NNo
Waterfront Y/NNo
Year Built1987
Year Built SourceAssessor
ZoningLAC2
Exterior for 11308 S Figueroa Street
Building Area Total8610.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2835
Lot Size Area12350.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesUncovered
SpaNo
Total Parking18.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480