Buyer's agent: Janette Ledea, Re/Max Tri-City Realty, DRE #01480942
Sold on 05/02/2012
$550,000
10108 South FIGUEROA St Los Angeles, CA 90003
| Beds: | 12 |
| Baths: | 12 |
| Sq. Ft.: | 3,832 |
| $/Sq. Ft.: | $144 |
| Lot Size: | 0.27 Acres |
| Property Type: | Multi-Family |
| Style: | One Level |
| Year Built: | 1953 |
| Community: | Mid Los Angeles |
| County: | Los Angeles |
| MLS#: | H12017348 |
| Source: | CRMLS |
| Status: | Closed |
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12 Units, Condo-Style Motel Located in Los Angeles City. 100% Fully Occupied, Leased To The Long-Term Tenants. Total Building of 5,523 SF, sit on a lot of 15121 SF ( 2 Parcels :APN # 6054-034-023 & 024 ). 11 Units Leased For $700 /per month, 1 unit compensated For On-Site Manager. Average Operating Expenses Around $1,650 per month. NOI = $73,290 Annually. A Very Attractive CAP Rate of 10.50% with Lots of Upside Potentials ! Great Opportunity For Investors.
Bathroom Information
- Shower Stall
Parking Information
- # of Garage Spaces: 1
- # of Other Spaces: 15
- Assigned
Multi-Family Information
- # of Buildings: 2
- # of Electric Meters: 1
- # of Gas Meters: 1
- # of Water Meters: 1
Unit 3 Information
- Number: 3
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Monthly Rent: $700
Unit 6 Information
- Number: 6
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Monthly Rent: $700
Unit 9 Information
- Number: 9
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Monthly Rent: $700
Unit 12 Information
- Number: 12
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Monthly Rent: $700
Location Information
- Cross Streets: Century Blvd
- Legal Tract #: 3064
- Legal Lot #: 616
Expense Information
- Total Annual: $19,800
- Electric: $4,000
- Insurance: $3,000
- Gas: $4,800
- Maintenance: $800
- Operating: $19,800
- Trash: $1,000
- Water: $2,000
Laundry Information
- Outside Laundry
Building Information
- Ground Level Entry (No Steps)
Unit 1 Information
- Number: 1
- # of Beds: 1
- # of Baths: 1
Unit 4 Information
- Number: 4
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Monthly Rent: $700
Unit 7 Information
- Number: 7
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Monthly Rent: $700
Unit 10 Information
- Number: 10
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Monthly Rent: $700
Unit 13 Information
- Unfurnished
- Monthly Rent: $700
Property Information
- Tax Parcel Number: 6054034024
Listing Information
- Special Conditions: Standard Sale
- Listing Terms: Cash
- Listing Terms: Cash To New Loan
- Buyer Financing: Cash
Heating & Cooling
- Central Furnace
- Wall or Window Cooling Units
Community Features
- Units in Complex (Total): 12
Unit 2 Information
- Number: 2
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Monthly Rent: $700
Unit 5 Information
- Number: 5
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Monthly Rent: $700
Unit 8 Information
- Number: 8
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Monthly Rent: $700
Unit 11 Information
- Number: 11
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Monthly Rent: $700
Lot Information
- Lot Size (Sq. Ft.): 11,690
- Lot Size (Acres): 0.27
- Lot Size Source: Public Records
Financial Information
- Net Operating Income: $72,600
- Monthly Gross Income: $7,700
- Gross Scheduled Income: $92,400
- Tax (Total): $2,506
- Tax Rate Year: 2011
Listing last changed
May 2, 2012, 4:03 PM
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Property History for 10108 South FIGUEROA St
| Date | Event | Price | Appreciation | Source | ||
|---|---|---|---|---|---|---|
| May 02, 2012 | Sold (MLS) (Closed) | $550,000 | -- | CRMLS #H12017348 | ||
| Feb 07, 2012 | Listed (Active) | $698,000 | -- | CRMLS #H12017348 | ||
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Public Facts for 10108 South FIGUEROA St
| Beds: | - |
| Baths: | - |
| Finished Sqft: | - |
| Unfinished Sqft: | - |
| Total Sqft: | - |
| Floors: | - |
| Lot Size: | - |
| Style: | Multi-Family (5+ Unit) |
| Year Built: | - |
| Year Renovated: | - |
| County: | Los Angeles County |
| APN: | - |
| Last Updated: | June 7, 2011 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
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Schools near 10108 South FIGUEROA St, Los Angeles, CA 90003
Select a school to view the school's parent reviews, programs and more. Showing up to five closest schools for each grade level.
Elementary Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| Sheenway School | Private |
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0.19 mi | Map It |
| Academy of Basic Learning | Private |
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0.23 mi | Map It |
| Charles Barrett Elementary School | Public |
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0.27 mi | Map It |
| Covenant Lutheran School | Private |
|
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0.45 mi | Map It |
| Watts Learning Center Charter School | Public |
|
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0.45 mi | Map It |
Middle Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| Sheenway School | Private |
|
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0.19 mi | Map It |
| Academy of Basic Learning | Private |
|
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0.23 mi | Map It |
| Covenant Lutheran School | Private |
|
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0.45 mi | Map It |
| Bret Harte Preparatory Middle School | Public |
|
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0.58 mi | Map It |
| Ascension School | Catholic |
|
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0.74 mi | Map It |
High Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| Sheenway School | Private |
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0.19 mi | Map It |
| Heritage College Ready High School | Public |
|
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0.52 mi | Map It |
| Legacy Charter High School | Public |
|
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0.53 mi | Map It |
| Animo Locke Charter High School 2 | Public |
|
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1.08 mi | Map It |
| Animo Locke Charter High School 3 | Public |
|
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1.08 mi | Map It |
* Living near this school does not guarantee enrollment. Please contact the school directly to determine enrollment requirements.
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