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1053 Figueroa Terrace
Los Angeles, CA 90012
Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • Well maintained city view newer apartment building with excellent curb appeal and a large townhome style (2,641sq.ft) OWNER UNIT w/ 2 car garage.
  • Below market rent, great upside potential.
  • Easy access to freeways, LADT financial , fashion & art districts, Crypto Arena,Dodger Stadium, LA Convention Center, Hospital, Parks,USC & much more
  • Outside laundry & storage rooms with best possibilities for ADU are utility ready & w/drywalls & windows. Buyer to Investigate Feasibility.
  • Surrounded by newer million-dollar condos built in 2021. Subject property custom built by owner in 1992
  • Building underwent fumigation October 2021

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 7,658 SF
No. Stories 3
Year Built 1992
Parking Ratio 1.31/1,000 SF
Zoning LARD1.5 - Residential income

AMENITIES

UNIT AMENITIES

  • Balcony
  • Dishwasher
  • Disposal
  • Storage Space
  • Kitchen
  • Range
  • Views
  • Carpet
  • Deck
  • Patio

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+3.5 1 $4,800 2,641
3+2 2 $1,950 -
2+1 2 $1,360 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5406-022-015
Land Assessment
$541,567
Improvements Assessment
$623,058
Total Assessment
$1,164,625
  • Listing ID: 31995747

  • Date on Market: 6/2/2024

  • Last Updated:

  • Address: 1053 Figueroa Terrace, Los Angeles, CA 90012

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