6901 N Figueroa Street,  Highland Park CA, 90042 (Residential Income)

3,558 sqft
Status: Sold
MLS#: WS14211366
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Last Updated: 12/10/2016 12:29 AM
Description for 6901 N Figueroa Street Highland Park, CA 90042
Property has 2 Parcels located at 6901 & 6905 N. Figueroa St., Highland Park. Great Investment! Major renovation and updated in 2009 including New Roof, New Electrical, New Plumbing to copper pipes, and part of sewer lines. It is a Residential and Commercial mixed use Income Property. It consists of 2,300 sq. ft. commercial building with a Convenient store and a Restaurant on street front with 10 years lease in place. Convenient Store has Beer and Wine License, lottery. And two rental units ,4 bedrooms/2 baths and a studio .Collecting combined rent close to $5,000. Tenants pay for their own gas, electricity, water & trash. What a deal! Very well maintained with Owner's pride. Corner lot property located at signal light intersection in front of bus stop. Centrally located. Close to South Pasadena. Near Downtown Los Angeles, USC Medical Center, Chinatown, LA Union Station, Dodger Stadium, Rose Bowl Stadium etc... Great Income! Huge potential!
Price
Sold Price:
$753,000
Sold Date:12/31/2014
Los Angeles
3,558 (approx)
WS14211366
Closed
Description
Property has 2 Parcels located at 6901 & 6905 N. Figueroa St., Highland Park. Great Investment! Major renovation and updated in 2009 including New Roof, New Electrical, New Plumbing to copper pipes, and part of sewer lines. It is a Residential and Commercial mixed use Income Property. It consists of 2,300 sq. ft. commercial building with a Convenient store and a Restaurant on street front with 10 years lease in place. Convenient Store has Beer and Wine License, lottery. And two rental units ,4 bedrooms/2 baths and a studio .Collecting combined rent close to $5,000. Tenants pay for their own gas, electricity, water & trash. What a deal! Very well maintained with Owner's pride. Corner lot property located at signal light intersection in front of bus stop. Centrally located. Close to South Pasadena. Near Downtown Los Angeles, USC Medical Center, Chinatown, LA Union Station, Dodger Stadium, Rose Bowl Stadium etc... Great Income! Huge potential!
Listing Information
Property Type: Cluster, 2 Story
0.16 Acres 3,558 (approx)
2009 2
Public Water Service
2 Total
Neighborhood
Room Information
Exterior / Lot Features
4 Parking Spaces
None
No Pool
LARD1.5
Street Lights
Financial Considerations
5480001017
$2,689
$59,400 Income ,$11,500Expense
Listing Price History

Highland Park Real Estate

Highland Park is located in California. Highland Park, California 90042 has a population of 1,902,251.

The median household income in Highland Park, California 90042 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 Highland Park 90042 is 34.1 years.

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Courtesy: KO TAI REALTY IRIS SUK-YI LAM
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