19
See all 19 photos
$1,199,900
Est. payment /mo
8 Beds
5 Baths
New
6616 S Figueroa Street Los Angeles, CA 90003
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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
Listed by Jessica Altinoglu Luxury Collective