$800,000

Estimated payment $5,227/month

Total Views 4,779
4 Beds
5 Baths
2,815 Sq Ft
$284 Price per Sq Ft

About This Home

We are proud to present 10908 S Figueroa St, a 5-unit mixed-use property located in Los Angeles, operating at a 6.42% CAP and an 8.22 GRM on current rents, with potential upside to an 8.90% CAP and a 6.74 GRM on pro-forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of 1 two-bedroom units, 2 one-bedroom units, 1 studio and 1 commercial unit. Four out of five units have been renovated. There are also five uncovered parking spaces in the rear accessible by alley. This opportunity is located in close proximity to the 110 and 105 freeways, as well as a number of community establishments such as Balbuena's Mexican, Superior Grocers, Taco Vaquero, Playa Dorada and Surprise Market.

Listing Agent

Casey Lins

Kidder Mathews of California, Inc. License #01902650 Listed on: 05/29/2025

Co-Listing Agent

Vincent Cook

Kidder Mathews of California, Inc License #02012324

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,582

Year Built

  • Built in 1926

Parking

  • 5 Parking Spaces

Interior Spaces

  • 2,815 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Additional Features

  • 5,125 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 6075-033-042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,582

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 2815
  • Lot Acreage: 0.1177
  • Probate: No
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 284.19

Exterior Features

  • Other Structures: None
  • Paved: Yes

Garage/Parking

  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 30.56
  • Assessed Improvement Value: 235883
  • Assessed Land Percent: 69.44
  • Assessed Land Value: 536099
  • Total Assessed Value: 771982
  • Assessor Parcel Number: 6075-033-042
  • Lot Description: Single Lot
  • Lot Size Area: 5125

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 8.22
  • Number Of Units: 5
  • Total Annual Expense: 43005
  • Type Of Units: Apartment
  • Vacancy Rate: 2,918

Tax Info

  • Private Transfer Taxes: No

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
2025 $11,582 $787,420 $546,820 $240,600
2024 $11,582 $771,982 $536,099 $235,883
2023 $11,376 $756,846 $525,588 $231,258
2022 $10,917 $742,007 $515,283 $226,724
2021 $10,767 $727,459 $505,180 $222,279
2019 $4,645 $210,699 $94,543 $116,156
2018 $4,475 $206,569 $92,690 $113,879
2016 $4,240 $198,550 $89,092 $109,458
2015 $4,160 $195,568 $87,754 $107,814
2014 $4,134 $191,739 $86,036 $105,703
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $800,000 -- $284 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $720,000 North American Title Company
Interfamily Deed Transfer -- None Available
Gift Deed -- Investors Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $552,000 Commercial
Open $1,158,000 Commercial
Closed $540,000 Commercial
Previous Owner $95,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 25545097

The MLS

APN: 6075-033-042