3501 N Figueroa Street

Property Overview

Nestled on a gated corner lot in the heart of Northeast Los Angeles, this fully leased duplex blends strong rental income with thoughtful updates and exceptional outdoor living. Generating $6,000 per month in gross rental income, with the front unit leased at $2,800 per month and the rear garden unit leased at $3,200 per month, the property consists of two 2-bedroom, 1-bath residences, each offering a private entrance, its own laundry area, fenced yard space, and abundant off-street parking. Recent improvements include a newer roof, copper plumbing, dual-pane windows, upgraded electrical panels, mini-split heating and air conditioning systems, recent interior and exterior paint, and extensive landscaping and hardscape enhancements. Both residences feature bright interiors, remodeled kitchens with quartz countertops and new fixtures, remodeled bathrooms with new fixtures, and private outdoor spaces designed for everyday living and entertaining. Ideally positioned near Highland Park, Mount Washington, Downtown Los Angeles, Elysian Park, Dodger Stadium, and major transportation corridors, this turnkey investment opportunity offers strong in-place income, privacy, and long-term upside in one of Northeast LA's most desirable neighborhoods.

Home Details

Property type: Residential Income - Duplex
Year built: 1940
Lot size: 5,664 sq ft
Parking: 4 spaces
Days on market: 95
MLS status: Active
Architectural style: Traditional

Features & Amenities

Appliances

Gas Range
Refrigerator
Dryer
Washer

Parking

Driveway
Paved

Pool

None

Lot

Drip Irrigation Bubblers
Landscaped

Community, Schools & Utilities

Community

Subdivision: Not Applicable
View: Yes

Utilities

Heating: SeeRemarks
Cooling: SeeRemarks
Water: Public
Sewer: PublicSewer

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Location & Neighborhood

Los Angeles, CA 90065

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Frequently Asked Questions About 3501 N Figueroa Street

Property type: Residential Income

The current asking price is $925,000. 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 3501 N Figueroa Street. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1940. 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 95 days. Status can change, so verify availability before relying on it.