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Key Details
Sold Price $855,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24162401
Sold Date 02/17/25
HOA Y/N No
Lot Size 6,242 Sqft
Property Sub-Type Multi Family
Property Description
ThiS Property has 4,221 SF of living space consisting of five (5) two- bedroom/one-bathroom units situated on a 6,243 SF lot.
The property is currently grossing $101,664 annually with more than 30% rental upside.
This Property offers an investor the opportunity to acquire a high-cashflow property in the strong rental market of South Los Angeles. By implementing a value-add program to raise the rents to market-rate, 7307 S Figueroa presents an amazing investment of any value-add buyer.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 6020025013
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Marcus Nasrollahy • Lyon Stahl Investment Real Estate, Inc.