Listing provided courtesy of Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-02-01 08:44:28.000000. Listing information © 2024 CRMLS.
Asking Price: $1,050,000
10311 Figueroa, Los Angeles CA 90003
Community: C36 - Metropolitan Southwest
Status: Active
This Commercial/Residential property was built in 1943 and is priced at $1,050,000. Please see the additional details below.
Part of an 11 Building Portfolio! Can be sold individually or as a portfolio. 10311-10315 S. Figueroa is a cash flow opportunity with nearly $40,000 annual upside in current rents. The property operates with very little expenses. The current net operating income will qualify for attractive financing with great leverage. Additional yield can be achieved with the creation of additional units per SB 1211. Buyer to verify.
