$1,395,000
- Beds
- 10
- sq ft
- 4,639
5876 S Figueroa St, Los Angeles, CA 90003
5876 S Figueroa St
Los Angeles, CA 90003
- 30 days on market
- Price drop $80,000↓
Attention Investors!Seize this rare chance to own a remarkable 9-unit property that promises low maintenance and minimal expenses only trash and water! This asset is not just a property; it's a gateway to significant returns.Key Highlights:*High Upside Potential: With current rents below market value, there's ample room for increases that can enhance your cash flow.*Future Development Possibilities: Explore the exciting potential for expansion! Reports indicate the possibility of developing up to 34 low-income units, maximizing your investment's value.*Strategic Location: This property is being sold with the adjacent lot on 5886 S. Figueroa Street (APN 6004-036-016) asking price $350,000, currently utilized as parking, opening doors for future enhancements.Don't let this unique opportunity pass you by! Invest in your future and capitalize on the growth potential of this property today. For more details and to schedule a viewing, contact us now!
Details
Property type
Lot size
4,801 sq ft
Price per sq ft
$301
Year built
1934
HOA
No
Price History
10/14/2024
CLAW #24466245
Listed
$1,395,000
Schools & Community
Neighborhood:
South Los Angeles
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/23/2024 at 12:00 AM
Listing updated: 12/10/2024 at 9:30 AM
Listed by: Vania Rincon, Keller Williams Beverly Hills Phone #: (310) 432-6400
MLS: CLAW #24466245
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