4509 S Figueroa St | Los Angeles, CA 90037
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
4509 S Figueroa St
Los Angeles, CA 90037
Fourplex on C2 TOC Tier 3 Parcel · Multifamily Property For Sale · 4 Units
Investment Highlights
- Two-story fourplex located on a large 7,503 square foot C2 TOC Tier 3 Zoned parcel
- Attractive 5% cap rate, but has approximately 39% upside in income
- Six parking spaces and ample open-space common area
- Potential development of 32 units + 9 ADU's using the TOC menu; or, 55 units as a 100% affordable project
- Three 2-bedroom units, and one 1-bedroom unit with an average size of 857 square feet
- Minutes from USC, the LA Memorial Coliseum, and the Natural History Museum of Los Angeles
PROPERTY FACTS
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Yard
Site Amenities
- Courtyard
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,800 | 856 |
| 2+1 | 3 | $2,600 | 856 |
PROPERTY TAXES
| Parcel Number | 5018-031-001 | Improvements Assessment | $382,120 |
| Land Assessment | $840,663 | Total Assessment | $1,222,783 |
PROPERTY TAXES
Parcel Number
5018-031-001
Land Assessment
$840,663
Improvements Assessment
$382,120
Total Assessment
$1,222,783
zoning
| Zoning Code | C2 TOC Tier 3 |
| C2 TOC Tier 3 |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
