6616 S Figueroa Street
Los Angeles, CA 90003
3408 sqft | 8 beds | 5 baths | 0.10 acres | #SR25189373
Description
Exceptional Investment Opportunity – Turnkey Income Property with ADU Potential. This well-maintained multi-unit property offers the perfect blend of immediate rental income and long-term upside; great for investors and owner-users. All units are equipped with central air & heat, and updated with laminate and porcelain flooring. With separately metered water, gas, and electricity, tenants cover all utilities; the owner’s responsibility is limited to common area lighting and gate power, keeping expenses low. The property is in excellent condition—completely turnkey, with no capital improvements required. Buyers can start collecting rent immediately. There is also exciting ADU potential by converting the garages in the back into additional rental units, providing future value-add income. With a high Net Operating Income and strong tenant appeal, this is truly a one-of-a-kind opportunity for both investors and owner-users. Seller is offering one vacant unit for flexible occupancy or immediate rental placement.
Property Details
- Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
- Lot DescriptionTwoToFiveUnitsAcre, RectangularLot, Yard
- InteriorAllBedroomsUp, PrimarySuite
- School DistrictLos Angeles Unified
- FoundationConcretePerimeter
- ViewNeighborhood
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,199,900
- MLS #SR25189373
- MLS #SR25189373
- Property TypePurchase
- Cost1199900
- Property SubtypeTriplex
- Structure TypeTriplex
- Acres0.0964
- Utility SourcePublic
- Square Feet3408
- Year Built2018
- Bedrooms8
- Bathrooms5
- Full Baths5
- Stories2
- Parking Spaces3
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jessica Altinoglu (#SR207069936)
Listing Office: Luxury Collective (#SR0261900)
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