6817-6819 N. Figueroa St.

Property feature image
Property gallery image
Address: 6817 N Figueroa St, Los Angeles, CA 90042, USA
Created date: April 3, 2024
Date last updated: April 3, 2024

Property Description

• 21-Unit apt. property constr. in 1954-1955 w/ garden-style 2-story layout. • Strong unit mix of 14-2B/1B units, 6-1B/1B units, and a 4B/2B (combined/permitted) unit on the upper level comprising 16,388 SF of building area in total. • A large ±21,500 SF lot zoned RD1.5-1 featuring 19 parking Spaces. • Communal coin-operated laundry facility in the rear of the building. • A deep 1-car garage currently used for storage, a machine storage room, and an exercise room which may each carry ADU conversion potential (buyer to verify) or conversion for additional common space. • Walking distance (15 mins.) or a short drive (5 mins.) from lively retail corridors on York Blvd. and N. Figueroa St. • Partially repiped with copper plumbing; completely reroofed in 2021. • Separately metered for gas and electricity; no units extensively renovated to top-of-market condition. • Unique gate/alarm alert system for extra resident security.

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Multifamily type: Apartments
Price: $5,030,000
No. of Units: 21
Cap Rate: 6.46%
GRM /GIM: 10.67
Building Size: 16,388 Sq ft
Lot Size: 21,452.00 Sq ft
Opportunity Zone: No
Price per unit: $239,524
Address: 6817 N Figueroa St, Los Angeles, CA 90042, USA

Similar Properties in the Area

11 Units in Inglewood

Inglewood , California
California & West + Apartments
Units: 11
Price: $2,598,000

1319 E 25Th St

Oakland , California
California & West + Apartments
Price: $699,000

1226 west St

Oakland , California
California & West + Apartments
Price: $1,099,888
popup background image