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$2,500,000

Beds
2
sq ft
4,792

11425 S Figueroa St, Los Angeles, CA 90061

11425 S Figueroa St

Los Angeles, CA 90061

  • 59 days on market
We are pleased to offer this sixteen unit investment opportunity, located in the City of Los Angeles. The unit mix consists of fourteen 0+1 and two 1+1 units. The investment consists of approximately 4,792 of rentable square feet and is situated on an approximately 8,138 square foot parcel. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and eight of the units have recently been renovated. The building amenities include a large parking area with nine total spaces, an on-site laundry room generating additional income, and the property is separately metered for electricity.

Details

Property type

Est. home value

$2,637,835

Lot size

8,138 sq ft

Price per sq ft

$522

Year built

1953

HOA

No

Price History

07/23/2024
CLAW

CLAW #24418881

Listed
$2,500,000
-2.91%
04/18/2024
CLAW

CLAW #24355879

Removed
$2,575,000
02/07/2024
CLAW

CLAW #24355879

Listed
$2,575,000
+28.75%

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

December 2022

Original loan amount

$2,030,000

Est. remaining balance

Not provided

Interest rate

5.71%

Loan type

Commercial

Seller

11425 Figueroa Management Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/20/2024 at 9:35 AM

Listing updated: 07/31/2024 at 5:14 AM

Listed by: Griffin White, BRC Advisors- BH

MLS: CLAW #24418881

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