10420 S Figueroa Street,  Los Angeles CA, 90003 (Residential Income)

6,004 sqft
Status: Backup Offers
MLS#: DW16152486
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Last Updated: 12/8/2016 1:39 AM
Description for 10420 S Figueroa Street Los Angeles, CA 90003
***Just Reduced 25,000.00***This is a beautiful, brand new four-unit structure that will be completed by October 15th. It is comprised of 2 duplexes, and centrally located in Los Angeles. This property is perfect for any investor looking for a good Cap Rate. Whether you're looking for a strong cash flow or an investment that you can owner occupy, search no further. These units boast the highest quality upgraded materials. The kitchen cabinets are a rich expresso-stained hardwood and atop them sit white quartz countertops with a full glass mosaic backsplash. The thickest, most durable laminate wood floors span throughout each unit, excluding the tiled bathrooms and laundry. The showers are fully tiled and accented with glass mosaic strips. Each unit also has its own laundry room for convenience and privacy. This property is priced to sell, only minutes down Figueroa from USC, and just a few miles from LAX. Don't miss out on this opportunity! The property is starting to be lease and is expected to be fully leased by end of October. Operating expenses are at a minimum as all units are separately metered.
Price
$1,274,000
Los Angeles
6,004 (approx)
DW16152486
Backup Offers
Description
***Just Reduced 25,000.00***This is a beautiful, brand new four-unit structure that will be completed by October 15th. It is comprised of 2 duplexes, and centrally located in Los Angeles. This property is perfect for any investor looking for a good Cap Rate. Whether you're looking for a strong cash flow or an investment that you can owner occupy, search no further. These units boast the highest quality upgraded materials. The kitchen cabinets are a rich expresso-stained hardwood and atop them sit white quartz countertops with a full glass mosaic backsplash. The thickest, most durable laminate wood floors span throughout each unit, excluding the tiled bathrooms and laundry. The showers are fully tiled and accented with glass mosaic strips. Each unit also has its own laundry room for convenience and privacy. This property is priced to sell, only minutes down Figueroa from USC, and just a few miles from LAX. Don't miss out on this opportunity! The property is starting to be lease and is expected to be fully leased by end of October. Operating expenses are at a minimum as all units are separately metered.
Listing Information
Property Type: Cluster, Other
0.17 Acres 755,900 sq.ft. 6,004 (approx)
$212.19 2016
4 Total
Neighborhood
Room Information
Gas Dryer Hookup
Interior Features
None
Exterior / Lot Features
8 Parking Spaces
None
No Pool
Urban
Driving Directions
Cross Streets: Century Blvd and 104th St
Financial Considerations
6061030031
$112,800 Income ,$20,043Expense
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90003 has a population of 3,804,503.

The median household income in Los Angeles, California 90003 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90003 is 34.1 years.

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Courtesy: Wallstreet Realty Eric Cuevas
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Information is deemed reliable but is not guaranteed.

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