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Image 1 - 10961 S Figueroa St, Los Angeles, California, 90061 - House for sale
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S Figueroa St, Los Angeles, Home For Sale
10961 S Figueroa St, Los Angeles, California, 90061

S Figueroa St, Los Angeles, Home For Sale

house for sale
Listed: 08/01/24

10961 S Figueroa St, Los Angeles, California, 90061

18 Bed:
15 Bath:
7,591 Sq Ft Living Area:
Save
Price
$ 3,1M

About This House

6.71% CAP 15-unit on South Fig with upside! Assumable loan available at 3.500% fixed through June, 2026. 7, 591 SFproperty consists of eight one bedroom/one bathroom units, three two bedroom/one bathroom units, and four studios. With immediate accessibility from the 110 and105 Freeways, S Figueroa St. is very walkable from schools, retail shops, and restaurants. 45% upside in current rents leaves plenty potential for future ownership. Thirteen units have been turned over since acquisition, with renovations done including: Exterior paint, exterior lights, parking striping, rear stairwell redone, and a new surveillance system installed. This property also includes attached garages with the potential to add 2 ADUs (buyer to investigate). Ample parking is available with ten surface spaces. This property is …  Full description

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Vermont Vista Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.