1053 Figueroa Terrace | Los Angeles, CA 90012
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This Multifamily Property is no longer advertised on LoopNet.com.
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 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 7,658 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1992 |
| Building Class | C | Parking Ratio | 1.31/1,000 SF |
| Zoning | LARD1.5 - Residential income | ||
| 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
| Parcel Number | 5406-022-015 | Improvements Assessment | $623,058 |
| Land Assessment | $541,567 | Total Assessment | $1,164,625 |
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
The Echo Park Multifamily Property at 1053 Figueroa Terrace, Los Angeles, CA 90012 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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