10974 S Figueroa Street

Property Overview

10974 S. Figueroa Street, Los Angeles, CA 90061 presents a 10-unitmultifamily investment opportunity located on a corner parcel in a strong rental corridor of Los Angeles. Constructed in 1958, the property consists of six (6) 1-bedroom / 1-bathroom units and four (4) 2-bedroom / 1-bathroomunits, offering a desirable and balanced unit mix that appeals to abroad tenant base. The building contains approximately 5,374 rentable square feet and sits on a 6,783 square foot lot. The property is currently not fully stabilized, with three vacant units one (1) 1-bedroom / 1-bathroom unit and two (2)2-bedroom / 1-bathroom units providing an immediate opportunity for anew owner to lease the units at market rents and increase the property's income. Tenant convenience is supported by ample gated and secured on-site parking, an important amenity that enhances tenant appeal and retention. With its corner lot location, practical unit mix, and near-term income upside through leasing of the vacant units, the property presents a compelling value-add opportunity for investors seeking both current income and future growth in a Los Angeles rental market.

Home Details

Property type: Residential Income
Year built: 1958
Living area: 5,356 sq ft
Lot size: 6,785 sq ft
Parking: 11 spaces
Stories: 2
Days on market: 209
MLS status: Active
Zoning: LARD1.5

Features & Amenities

Interior

Ceiling Fans

Appliances

Disposal
Refrigerator

Parking

Uncovered

Pool

None

Community, Schools & Utilities

Utilities

Heating: WallFurnace

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Location & Neighborhood

Los Angeles, CA 90061

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Frequently Asked Questions About 10974 S Figueroa Street

Property type: Residential Income

The current asking price is $1,595,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 10974 S Figueroa Street. Our team will confirm availability and timing.

This 16 bedrooms and 10 bathrooms property offers approximately 5,356 square feet of living space. It was built in 1958. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 209 days. Status can change, so verify availability before relying on it.