logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
36 Photos
icon
icon icon
8307 S Figueroa Street
USD 2,150,000
Property ID: 25542775
icon
8307 S Figueroa Street ,90003
icon --
icon 7501 SqFt
icon Built in 1991
icon USD 287/SqFt
icon 18 Beds
icon 10 Full
icon --
icon --
icon
icon
Location
icon
icon Direction
Interior Details
Bedrooms
18
Bathrooms
10
Interior Size
7584
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1991
See more icon
Detailed Introduction Of This Home
8307 S. Figueroa Street-a rare, non-RSO 9-unit multifamily offering located in the high-demand Vermont Knolls neighborhood of South Los Angeles. Constructed in 1991 and newly painted, this three-story building spans 7,584 square feet of rentable space and sits on a 7,499 square-foot lot zoned LAC2-1VL-CPIO with a Tier 2 TOC designation. The unit mix consists entirely of spacious two-bedroom units, including eight -2 bed/1-bath and one 2-bed/1.5-bath layout. The property is 100% occupied, with an average rent of $2,154 per unit and approximately 25% upside potential. Investors benefit from favorable rent control regulations allowing annual increases of 5% + CPI (currently 8.9%, capped at 10%). Each unit is separately metered for gas and electricity and includes its own water heater, minimizing landlord expenses, which are limited to water, common-area electricity, and trash. The building features secure gated access and 18 covered parking spaces-two per unit-which are exempt from seismic retrofit requirements. Strategically positioned near the 10 and 110 Freeways and within proximity to theCrenshaw/LAX rail lines, the property offers exceptional accessibility to Downtown LA, Culver City, Santa Monica, and the South Bay.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Similar houses you may like
2085 S Towne Avenue
2085 S Towne Avenue
icon 2085 S Towne Avenue
26262 SqFt  / 0 Bed  / --
USD 1,150,000
28106 Murrieta Road
28106 Murrieta Road
icon 28106 Murrieta Road
7841 SqFt  / 2 Beds  / 1 Full Bas
USD 345,000
20092 Bayfront Lane #206
20092 Bayfront Lane #206
icon 20092 Bayfront Lane #206
1407 SqFt  / 2 Beds  / 2 Full Bas
USD 875,000
25179 Markel Drive
25179 Markel Drive
icon 25179 Markel Drive
5774 SqFt  / 4 Beds  / 2 Full Bas
USD 779,900
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 36
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
Photos (36)
icon
icon
banner
8307 S Figueroa Street
USD 2,150,000 18 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.world
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.world’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder