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$ 3,078,000
Est. payment | /mo
5,295 SqFt
$ 3,078,000
Est. payment | /mo
5,295 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,295 sqft
Price per Sqft $581
MLS Listing ID CL25583555
HOA Y/N No
Year Built 1960
Lot Size 5,678 Sqft
Acres 0.13
Property Sub-Type Other
Property Description
We are pleased to present 10412 S. Figueroa Street, a nineteen-unit multifamily investment opportunity located in the Vermont Vista neighborhood of South Los Angeles. This fully renovated vacant asset offers potential investors with a variety of different investment strategies to maximize cash flow in a dense and high rental demand submarket of South Los Angeles. With strong potential income, historically low vacancy rate in the area, and excellent long-term fundamentals, the property presents a compelling opportunity for yield seeking investors. Originally constructed in 1960, the property consists of thirteen bachelor units, five studio units, and one one-bedroom/one-bathroom unit. The property is master-metered for gas and water and individually metered for electricity. This property has been completely gutted and rebuilt due to a previous fire and benefits from a newer roof, plumbing, and electrical system. Residents benefit from secure, gated access and plenty of parking in the rear of the property. 10412 S. Figueroa offers significant development potential. Under SB 1211, an investor could explore the possibility of developing eight ADUs to maximize the lot's potential. Situated just four blocks from the nearest on- and off-ramps to the 110 Freeway, the property provides ex
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 6061030023
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Sevak Keshishian • Marcus & Millichap
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447