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1053 Figueroa Terrace
Los Angeles, CA 90012
Multifamily Property For Sale
·
5 Units
Investment Highlights
- 6% Cap Rate. Only $228 per square feet. Rent low with upside potential .
- Spacious OWNER UNIT,(2,641 sf)private 3 bedrooms + Den townhome style unit with attached beautiful city views and a two car garage
- Total 10 parkings, 2 for each unit. Surrounded by newer built condos over $1M each &large future development projects near the neighborhood
- ADU Possibilities. Large bonus/storage rs with windows, drywalls and utilities.Each unit has water heater ,separate electric & gas meters
- Custom built in 1992 with generous size units. New roof and skylights. Located close to Echo Park, Chinatown & Silverlake areas of DTLA
- Not under city rent control (RSO)but subject to state rent ordinance and just caused ordinance (JCO)
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 | $2,123 | 1,300 - 1,400 |
| 2+1 | 2 | $1,481 | 1,000 - 1,100 |
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
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