$950,000

10311 S Figueroa St Los Angeles, CA 90003

Vermont Vista Neighborhood

Estimated payment $5,610/month

Total Views 28,851
8 Beds
5 Baths
2,424 Sq Ft
$392 Price per Sq Ft

Highlights

  • Very Popular Property
  • Detached Carport Space
  • 1-Story Property

About This Home

We are proud to present 10311-10315 S Figueroa St, an attractively priced 5-unit multifamily property in Los Angeles, offered at an 8.58% CAP and 8.00 GRM on current rents, with upside potential to achieve an 10.47% CAP and 6.88 GRM upon stabilization. Located just south of W Century Blvd and west of S Grand Ave, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Hyde Park, Inglewood and Crenshaw. The property is comprised of three separate single-story structures with five residential units offering a total of 2,424 rentable square feet. Built in 1943, the property sits on a 5,501 SF LAC2-zoned lot with alley access. The unit mix consists of two three-bedroom one-bathroom units, two one-bedroom units and one studio unit. One one-bedroom unit will be delivered VACANT at closing, presenting an immediate opportunity to re-rent at market rents, and all units have been renovated.

Listing Agent

Casey Lins

Kidder Mathews of California, Inc. License #01902650 Listed on: 06/10/2025

Co-Listing Agent

Vincent Cook

Kidder Mathews of California, Inc License #02012324

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,565

Year Built

  • Built in 1928

Lot Details

  • 5,501 Sq Ft Lot
  • Property is zoned LAC2

Interior Spaces

  • 2,424 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Parking Spaces
  • Detached Carport Space

Community Details

  • 5 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 6061-028-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,565

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Alley: Yes
  • Living Area: 2424
  • Lot Acreage: 0.1260
  • Probate: No
  • Stories: 1
  • Year Built: 1928
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 8
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 5.00
  • Inclusions: 10315 S Figueroa St, Los Angeles, CA 90003 - APN: 6061-028-015
  • Price Per S Q F T: 391.91

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 3

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 55774
  • Assessed Land Percent: 80
  • Assessed Land Value: 223101
  • Total Assessed Value: 278875
  • Assessor Parcel Number: 6061-028-014
  • Lot Description: 2-4 Lots
  • Lot Size Area: 5501

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 8.00
  • Number Of Units: 5
  • Total Annual Expense: 33626
  • Type Of Units: Apartment
  • Vacancy Rate: 3%

Tax Info

  • Private Transfer Taxes: No

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,565 $278,875 $223,101 $55,774
2023 $3,503 $273,408 $218,727 $54,681
2022 $3,347 $268,048 $214,439 $53,609
2021 $3,302 $262,793 $210,235 $52,558
2020 $3,334 $260,100 $208,080 $52,020
2019 $3,207 $255,000 $204,000 $51,000
2018 $835 $55,301 $30,328 $24,973
2016 $794 $53,155 $29,151 $24,004
2015 $785 $52,358 $28,714 $23,644
2014 $803 $51,333 $28,152 $23,181
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $500,000 Fidelity National Title Comp
Interfamily Deed Transfer -- Fidelity National Title Comp
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,000 Commercial
Open $1,435,500 Commercial
Closed $375,000 Credit Line Revolving
Source: Public Records

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Source: The MLS

MLS Number: 25550671

The MLS

APN: 6061-028-014

California Los Angeles County Los Angeles 90003 Vermont Vista

10311 S Figueroa St, Los Angeles, CA

This home is located at 10311 S Figueroa St, Los Angeles, CA 90003 and is currently priced at $950,000, approximately $391 per square foot. This property was built in 1928. 10311 S Figueroa St is a home located in Los Angeles County with nearby schools including Charles W. Barrett Elementary School, Bret Harte Preparatory Middle School, and Alliance College-Ready Middle Academy No. 4.

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Casey Lins
Listing Agent
Casey Lins
Section Image
Kidder Mathews of California, Inc.
(714) 333-6768