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Listed by Aaron Jacobson, DRE #02100737 • Lyon Stahl Investment Real Estate, Inc.
$ 1,395,000
Est. payment /mo
New
10108 S Figueroa ST Los Angeles, CA 90003
0.35 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26231877
Year Built 1953
Lot Size 0.347 Acres
Source California Regional MLS
Property Description
6 GRM! $116,250/Unit! We are pleased to present 10108 S. Figueroa St, a 12 unit apartment building in South Los Angeles with immediate access to the 110 Freeway. Built in 1953, the property features a uniform unit mix of (12) 1 bed / 1 bath units spread out over 5,523 square feet, on a 15,121 square foot LAC2 zoned lot made up of two parcels. The building has been well maintained, with renovated units and ample on-site parking, an amenity that remains in high demand throughout the submarket. 10108 Figueroa produces excellent in place cash flow at a strong cost basis, and two units will be delivered vacant, so a future investor can lease them at market rents on day one. South Los Angeles has become one of the region's most active rental markets, driven by its central location and the major investment reshaping the surrounding area. The property sits a short drive east of Inglewood, where SoFi Stadium, the Intuit Dome, and the Hollywood Park development have turned the area into a world class sports and entertainment destination ahead of the 2028 Olympic Games. Tenants have easy access to Downtown LA via the 110 Freeway, with the Harbor Freeway Metro station serving the C Line toward LAX and the J Line toward Downtown just to the south. Strong cash flow, a durable u
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Laundry None
Exterior
Garage Spaces 12.0
Pool None
Building
Water District - Public
Others
Tax ID 6054034023
Special Listing Condition Not Applicable
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