$1,395,000
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5876 Figueroa Street Los Angeles, CA 90003
Cluster
Residence
10
Beds
9
Baths
...
Bed/Bath
4,639
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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Attention Investors!Seize this rare chance to own a remarkable 9-unit property that promises low maintenance and minimal expenses only trash and water! This asset is not just a property; it's a gateway to significant returns.Key Highlights:*High Upside Potential: With current rents below market valu...e, there's ample room for increases that can enhance your cash flow.*Future Development Possibilities: Explore the exciting potential for expansion! Reports indicate the possibility of developing up to 34 low-income units, maximizing your investment's value.*Strategic Location: This property is being sold with the adjacent lot on 5886 S. Figueroa Street (APN 6004-036-016) asking price $350,000, currently utilized as parking, opening doors for future enhancements.Don't let this unique opportunity pass you by! Invest in your future and capitalize on the growth potential of this property today. For more details and to schedule a viewing, contact us now!
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MLS#
24466245
Property Type
Cluster
Bedrooms
10
Bathrooms
Year Built
1934
Square Feet
4,639
sq. ft
Lot Size
0.11
Stories
2.0
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