CA > Los Angeles
Los Angeles, CA 90003,6616 S Figueroa Street
Los Angeles, CA 90003,6616 S Figueroa Street
Los Angeles, CA 90003,6616 S Figueroa Street
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$1,149,900
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8 Beds
5 Baths
Price Dropped by $50K

6616 S Figueroa Street Los Angeles, CA 90003

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25187192

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

Property Description

Exceptional Investment Opportunity Turnkey Income Property with ADU Potential. This well-maintained multi-unit property offers the perfect blend of immediate rental income and long-term upside; great for investors and owner-users. All units are equipped with central air & heat, and updated with laminate and porcelain flooring. With separately metered water, gas, and electricity, tenants cover all utilities; the owners responsibility is limited to common area lighting and gate power, keeping expenses low. The property is in excellent conditioncompletely turnkey, with no capital improvements required. Buyers can start collecting rent immediately. There is also exciting ADU potential by converting the garages in the back into additional rental units, providing future value-add income. With a high Net Operating Income and strong tenant appeal, this is truly a one-of-a-kind opportunity for both investors and owner-users. Seller is offering one vacant unit for flexible occupancy or immediate rental placement.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Figueroa St. & W. 67th St.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 6013025026

MLS Router / San Diego MLS
Listed by Jessica Altinoglu Luxury Collective

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Richard Combs

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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6616 S Figueroa Street

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