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6616 S Figueroa Street

Los Angeles, CA 90003
  • $1,199,000
  • STATUS: ACTIVE
  • ON SITE: 239 Days
  • ID#: PW24156942
$1,199,000
  • 8
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

DRASTIC PRICE REDUCTION as of 12.11.24 FOR A FAST SALE! , NO RENT CONTROLLED !!, Three Bed. two bath townhouse style duplex on the front, one unit two bed. one bath on top of garages on the back , all units feature central air and heat, laminated and porcelain floors. Low maintenance property with separated metered for water, gas, and electricity (tenants pay for all utilities), owner only pays for common area lights and gate , one of a kind excellent investments with high Net Operating Income. A turn key property, Excellent conditions, no capital improvements necessary, buy and start immediately collecting rent. ADU potential by converting the garages on the back for extra income. Please do not disturb or contact tenants, seller is offering two none-occupied units. DRASTIC PRICE REDUCTION as of 12.11.24 FOR A FAST SALE! , NO RENT CONTROLLED !!, Three Bed. two bath townhouse style duplex on the front, one unit two bed. one bath on top of garages on the back , all units feature central air and heat, laminated and porcelain floors. Low maintenance property with separated metered for water, gas, and electricity (tenants pay for all utilities), owner only pays for common area lights and gate , one of a kind excellent investments with high Net Operating Income. A turn key property, Excellent conditions, no capital improvements necessary, buy and start immediately collecting rent. ADU potential by converting the garages on the back for extra income. Please do not disturb or contact tenants, seller is offering two none-occupied units.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
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6616 S Figueroa Street Los Angeles, CA 90003

  • Price: $1,199,000
  • Status: ACTIVE
  • On Site: 239 Days
  • ID#: PW24156942
8
Beds
0
Baths
0
½ Baths
0.1
Acres
Neighborhood:
Los Angeles (90003)
County:
Los Angeles
Area:
Los Angeles (90003)
Property Description
DRASTIC PRICE REDUCTION as of 12.11.24 FOR A FAST SALE! , NO RENT CONTROLLED !!, Three Bed. two bath townhouse style duplex on the front, one unit two bed. one bath on top of garages on the back , all units feature central air and heat, laminated and porcelain floors. Low maintenance property with separated metered for water, gas, and electricity (tenants pay for all utilities), owner only pays for common area lights and gate , one of a kind excellent investments with high Net Operating Income. A turn key property, Excellent conditions, no capital improvements necessary, buy and start immediately collecting rent. ADU potential by converting the garages on the back for extra income. Please do not disturb or contact tenants, seller is offering two none-occupied units. DRASTIC PRICE REDUCTION as of 12.11.24 FOR A FAST SALE! , NO RENT CONTROLLED !!, Three Bed. two bath townhouse style duplex on the front, one unit two bed. one bath on top of garages on the back , all units feature central air and heat, laminated and porcelain floors. Low maintenance property with separated metered for water, gas, and electricity (tenants pay for all utilities), owner only pays for common area lights and gate , one of a kind excellent investments with high Net Operating Income. A turn key property, Excellent conditions, no capital improvements necessary, buy and start immediately collecting rent. ADU potential by converting the garages on the back for extra income. Please do not disturb or contact tenants, seller is offering two none-occupied units.
Exterior Features

Pool N/K Roof Composition

Interior Features

Cooling Central Forced Air Heat Source Natural Gas Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 1

Property Features

Actual Cap Rate 9.6 Annual Expense Actual 0 Buildings 2 Cfd Mello Roos Fee 514.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 10.02 Gross Scheduled Income Actual 129600 Monthly Total Fees 42 Security Automatic Gate Sewer Septic Sewer Connected Tenant Pays SewerTrashWaterCable TVElectricityGas/Propane Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 0.0 Unit2 Rent Actual 3300.0 Unit3 Rent Actual 0.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Adelso Flores of Continental Real Estate: 213-399-1862. Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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