Skip To Content
    Return to Previous Page

    4741 N Figueroa St

    Los Angeles, CA 90042
    • $1,775,000
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 21-684548
    UPDATED: 23 min ago
    $1,775,000
    • 6
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,380
      SQFT
    • $525
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    Ideal Investment or Development Opportunity! With 100% occupancy, this well maintained 6-unit apartment complex in historic Highland Park Garvanza area currently generates a steady income and is an excellent investment for your future! This two-story Classic Californian apartment complex offers six 1bed/1 bath generously sized units with ample storage/closets and exterior entrance doors to each unit. Five of the units have recently been renovated and include in-unit electric washer/ dryer hookups. Large communal patio overlooking mature trees. Presents potential development opportunity to add significant value to the property and increasing your income stream dramatically by adding additional units! Centrally located in desirable and trendy neighborhood near Downtown LA, Pasadena, Glendale, Metro station, parks, shops, museums. Showing with Written Offer only.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-03T11:42:45.023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/113681477
    Print Image

    4741 N Figueroa St Los Angeles, CA 90042

    • Price: $1,775,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: 21-684548
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    3,380
    SQFT
    $525
    $/SQFT
    1957
    Built
    Neighborhood:
    Highland Park
    County:
    Los Angeles
    Area:
    Highland Park
    Property Description
    Ideal Investment or Development Opportunity! With 100% occupancy, this well maintained 6-unit apartment complex in historic Highland Park Garvanza area currently generates a steady income and is an excellent investment for your future! This two-story Classic Californian apartment complex offers six 1bed/1 bath generously sized units with ample storage/closets and exterior entrance doors to each unit. Five of the units have recently been renovated and include in-unit electric washer/ dryer hookups. Large communal patio overlooking mature trees. Presents potential development opportunity to add significant value to the property and increasing your income stream dramatically by adding additional units! Centrally located in desirable and trendy neighborhood near Downtown LA, Pasadena, Glendale, Metro station, parks, shops, museums. Showing with Written Offer only.
    Exterior Features

    Direction Faces North Levels Two Lot Description Street ConcreteSidewalksWalk Street Lot Location Patio HomePark NearbyNear Public TransitCity Lot Size Area 11565 Other Structures None Parking Garage OversizedDriveway - Concrete Pool Description None Pool YN No Spa None Spa YN No Style Contemporary Total Parking 4 View Description None View YN No Water Frontage None

    Interior Features

    Bathroom Features Remodeled Baths Total 6.00 Common Walls Attached Cooking Appliances OvenCooktop - Gas Cooling None Equipment Electric Dryer HookupBuilt-Ins Fireplace Rooms None Flooring TileLaminate Heating Wall Kitchen Features RemodeledCounter Top Laundry In Unit

    Property Features

    Assessed Total Value 1160000 Gross Income 113652 Gross Operating Income 108005 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 74685.99 Number Of Buildings 1 Number Of Units 6 Owner Pays Water Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays GasElectricityCable Tv Total Annual Expense 33320.00 Type Of Units Connected Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of John Duerler DRE#01848596 of Hancock Homes Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-03T11:42:45.023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-684548-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-684548-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-684548-2.jpg
    Logo
    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260