5876 S Figueroa Street, Los Angeles, CA 90003

  • $1,475,000
5876 S Figueroa Street, Los Angeles, CA 90003
  • Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • 4639
  • 1934
  • Year Built
Active

5876 S Figueroa Street, Los Angeles, CA 90003

5876 S Figueroa Street, Los Angeles, CA 90003
  • $1,475,000

Description

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!

  • Address 5876 S Figueroa Street
  • City Los Angeles
  • Zip/Postal Code 90003

Details

Updated on November 26, 2024 at 2:32 am
  • Property ID: CR24466245
  • Price: $1,475,000
  • Property Size: 4639
  • Land Area: 0.1102 Acres
  • Bedrooms: 8
  • Bathrooms: 8
  • Garage Size: x x
  • Year Built: 1934
  • Property Type: Residential Income
  • Property Status: Active
  • MLS#: 24466245

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