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    6519 S Figueroa Street

    Los Angeles (City), CA 90003
    • $999,000
    • STATUS: Active
    • ON SITE: 144 days
    • ID#: SR20244838
    UPDATED: 71 min ago
    $999,000
    • 10
      BEDS
    • 0.1
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,105
      SQFT
    • $322
      $/SQFT
    Type:
    Single-Family Home
    Built:
    1922
    County:

    School Ratings & Info

    School District:

    Description

    Welcome to this exclusive income producing TRIPLEX available for sale in well-located South Los Angeles. Featuring 3 large units (one 4 bed/1 bath unit, one 3 bed/2 bath unit, one 3 bed/1 bath unit) One unit to be delivered VACANT. Current GSI is $5,266/mth; $63,192/yr with opportunity to rent vacant unit at current market rate. It presents a great opportunity for an investor looking for solid cash flow. Located in a rapidly appreciating South LA submarket & only +/- 3.5 miles south of USC, this triplex could be perfect for graduate students or faculty with a family. The proximity to the LA Memorial Coliseum, LAFC's new Banc of California Stadium & the Staples Center/DTLA makes it a great location for investment & continued appreciation over the coming years. The Lucas Museum has also broken ground locally in Exposition Park & is set to open in late 2021. With this areas many new construction projects; existing stadiums/attractions & great proximity to DTLA, this is a great opportunity to acquire property in this appreciating market place.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-16T08:10:55.057. 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 COMPASS. Licensed in the State of California, USA.
    www.reiferhomes.com/homes/112120667
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    6519 S Figueroa Street Los Angeles (City), CA 90003

    • Price: $999,000
    • Status: Active
    • Updated: 71 min ago
    • ID#: SR20244838
    10
    Beds
    4
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,105
    SQFT
    $322
    $/SQFT
    1922
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    School District:
    Los Angeles Unified
    Property Description
    Welcome to this exclusive income producing TRIPLEX available for sale in well-located South Los Angeles. Featuring 3 large units (one 4 bed/1 bath unit, one 3 bed/2 bath unit, one 3 bed/1 bath unit) One unit to be delivered VACANT. Current GSI is $5,266/mth; $63,192/yr with opportunity to rent vacant unit at current market rate. It presents a great opportunity for an investor looking for solid cash flow. Located in a rapidly appreciating South LA submarket & only +/- 3.5 miles south of USC, this triplex could be perfect for graduate students or faculty with a family. The proximity to the LA Memorial Coliseum, LAFC's new Banc of California Stadium & the Staples Center/DTLA makes it a great location for investment & continued appreciation over the coming years. The Lucas Museum has also broken ground locally in Exposition Park & is set to open in late 2021. With this areas many new construction projects; existing stadiums/attractions & great proximity to DTLA, this is a great opportunity to acquire property in this appreciating market place.
    Exterior Features

    Attached Garage YN 0 Lot Features Rectangular Lot Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Sign On Property YN No View None View YN No

    Interior Features

    Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Main Level Bathrooms 4 Main Level Bedrooms 10

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Garage YN Yes Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventional1031 Exchange New Construction YN No Property Sub Type Triplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Triplex Water Source Public Zoning Lac2

    Listing provided courtesy of Nestor Aguilar of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-16T08:10:55.057. 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 COMPASS. Licensed in the State of California, USA.
     
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