10311 S Figueroa Street, Los Angeles, CA 90003

• 2,424 sqft

Property Description

We are proud to present 10311-10315 S Figueroa St, an attractively priced 5-unit multifamily property in Los Angeles, offered at an 8.84% CAP and 7.79 GRM on current rents, with upside potential to achieve an 10.79% CAP and 6.70 GRM upon stabilization. Located just south of W Century Blvd and west of S Grand Ave, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Hyde Park, Inglewood and Crenshaw. The property is comprised of three separate single-story structures with five residential units offering a total of 2,424 rentable square feet. Built in 1943, the property sits on a 5,501 SF LAC2-zoned lot with alley access. The unit mix consists of two three-bedroom one-bathroom units, two one-bedroom units and one studio unit. One one-bedroom unit will be delivered VACANT at closing, presenting an immediate opportunity to re-rent at market rents, and all units have been renovated.

Listing Status:

Pending

Date Added:

June 10, 2025 at 05:00AM

Listing Office:

Kidder Mathews of California, Inc. : 858-369-3010

Listing Agent:

Casey Lins : 714-333-6768

MLS ID:

CL25550671

Exterior

• Parking: Other

Location

• County: Los Angeles

Lot

• Zoning: LAC26061028014

This listing courtesy of Casey Lins, Kidder Mathews of California, Inc.