Properties
Los Angeles, CA 90037 5606 S Figueroa
$1,949,000
12 more
Presented By: Andres Diaz with FACTIO GROUP; 323-376-2469
Baths • 2
SQFT • 9,090
Home Details
5606 S Figueroa Street is a 16-unit apartment separately metered for gas and electricity in the South Los Angeles neighborhood of Los Angeles. Numerous capital improvements have been completed at the building over the years including a newly painted exterior facade, interior common area hallways and multiple interior unit improvements. The opportunity consists of thirteen (13) studio units and three (3) two-bedroom units. There is still approximately 32% rental upside that can be achieved as the units turnover.
Presented By: Andres Diaz with FACTIO GROUP; 323-376-2469
Interior Features for 5606 S Figueroa
Other Interior Features
Common Walls2+ Common Walls
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 5606 S Figueroa
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate6.63
CityLos Angeles
Community FeaturesSidewalks
CountyLos Angeles
Directionson South Figueroa Street, between 56th Street & 57th Street
Electric Expense1365
Entry Locationsouth
Fuel Expense5034
Garage Spaces
Garage Y/NNo
Gross Income232910
Insurance Expense13511
Land Lease Y/NNo
LevelsTwo
Listing TermsCash to New Loan
Lot Size Square Feet6075
Lot Size UnitsSquare Feet
MLS AreaC37 - Metropolitan South
MaintenanceExpense13600
Net Operating Income129242
New ConstructionNo
Number Of Units Total16
Operating Expense98043
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPrivate Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot2
Taxes$23,940
Trash Expense5596
Water Sewer Expense8137
Year Built1927
Year Built SourceAssessor
Exterior for 5606 S Figueroa
Building Area Total9090
Lot Features16-20 Units/Acre
Lot Size Acres0.1395
Lot Size Area6075
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters13
Number of Separate Gas Meters13
Number of Separate Water Meters1
Private PoolNo
Total Parking0
Water SourcePrivate
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
