10974 S. Figueroa Street, Los Angeles, CA 90061 presents a 10-unitmultifamily investment opportunity located on a corner parcel in a strong rental corridor of Los Angeles. Constructed in 1958, the property consists of six (6) 1-bedroom / 1-bathroom units and four (4) 2-bedroom / 1-bathroomunits, offering a desirable and balanced unit mix that appeals to abroad tenant base. The building contains approximately 5,374 rentable square feet and sits on a 6,783 square foot lot. The property is currently not fully stabilized, with three vacant units one (1) 1-bedroom / 1-bathroom unit and two (2)2-bedroom / 1-bathroom units providing an immediate opportunity for anew owner to lease the units at market rents and increase the property's income. Tenant convenience is supported by ample gated and secured on-site parking, an important amenity that enhances tenant appeal and retention. With its corner lot location, practical unit mix, and near-term income upside through leasing of the vacant units, the property presents a compelling value-add opportunity for investors seeking both current income and future growth in a Los Angeles rental market.
| MLS # | 26660717 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 204 |
| Listing Provided By | BRC Advisors- BH | Sam Grayeli |
| Bed(s) | 16 |
|---|---|
| Bath(s) | 10 |
| SQ Feet | 5,356 |
| Story(s) | 2 |
| Units | 10 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.16 |
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Interior Features | Ceiling Fans |
| Appliances | Disposal, Refrigerator |
| Roof | Shingle |
|---|---|
| Construction Materials | Stucco |
| Foundation Details | Raised |
| Parking Features | Uncovered |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90061 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90061) | |
Price: $1,595,000 low | high Med: $649,950 sqft: 5,356 low | high Med: 1,343 $ / sqft: $298 low | high Med: $489 On site: 204 low | high Med: 54 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90061 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90061) | |
Price: $1,595,000 low | high Med: $649,950 sqft: 5,356 low | high Med: 1,343 $ / sqft: $298 low | high Med: $489 On site: 204 low | high Med: 54 | |
![]() | $1,600,00010918 S FigueroaLos Angeles, CA 90061 |