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Listed by JEFFREY GRAY • CONROY COMMERCIAL INC.
$850,000
Est. payment /mo
6,501 Sqft Lot
Active
8115 S Figueroa ST Los Angeles, CA 90003
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIG25141470
Year Built 1950
Lot Size 6,501 Sqft
Source California Regional MLS
Property Description
South Los Angeles Investment Property. Located in the vibrant Congress Southeast neighborhood on the major Figueroa Street corridor, this 6-unit apartment building offers strong rental income potential with 5 studio units and one 1-bedroom, 1-bathroom unit. It has a strategic location with public transportation just steps away, including Broadway/104th bus service to Downtown LA and convenient access to the Green Metro Line to LAX. Downtown LA is only 15-20 minutes by car, making this building attractive to renters seeking central Los Angeles accessibility without downtown pricing. According to the owner, the 1B/1B unit has unpermitted internal demising walls making it 3 rooms with a bathroom and a kitchen. This unit is leased out short term with the average monthly net rent of $2,130 a month.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Rooms
Kitchen Microwave, Oven Range - Gas, Refrigerator, Oven - Gas
Interior
Heating No Heating
Cooling None
Laundry None
Exterior
Parking Features Unassigned Spaces, Assigned Spaces, Other, Uncovered Parking
Garage Spaces 7.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 6032024006
Special Listing Condition Not Applicable
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