$3,450,000

4555 N Figueroa Street

Los Angeles CA, 90065

Description

The property boasts a phenomenal unit mix of 7 studios, 7 one bedroom/one bath units, and one 1+1 single family home. Common area amenities include an oversized parking lot, laundry room, and an abundance of open landscaped common area. A prime location and true value add deal is being offered at $3,450,000. Currently a 4.67% cap rate and a GRM of 14.65 with a pro forma cap rate of 6.92% and a GRM of 10.85. Three units will be delivered vacant including a private single family home. The rental income is approximately 35% below fair market value.

Details

MLS#19529836
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1908
Days On Site474

Features

Story(s)2
Water FrontNo
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Area Information
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90065
Area632 - Highland Park
Listing VS Median (in 90065)
Price:
$3,450,000
low | high
Med:
$249,000
100% of Average
On Site:
474
low | high
Med:
266
100% of Average
Listing Updated: February 8, 2021 8:28:48 AM PST
Daniel Hirth LogoMLS Number: 19529836
Listing Provided By:
Daniel Hirth  of  Keller Williams-Santa Monica
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