$665,000
SOLD MAY 19, 2025
4 Beds
4 Baths
2,518 Sq Ft
4,829 Sq Ft Lot

Recently Sold

$264 Per Sq Ft

17% Below List Price

131 Days on Market

About This Home

As of May 2025

Welcome to 8627 S Figueroa St Los Angeles, an amazingly priced and fantastic 4-unit multifamily property centrally located just minutes away from Downtown Los Angeles, SoFi Stadium, 110 Freeway and LAX. This income-producing gem features 4 spacious 1-bedroom, 1-bathroom units, with plenty of parking for up to 8 cars or more on a gated lot, making it ideal for rental investment or owner occupancy. Live in one unit and collect rental income from the other three! With its prime location and income potential, this property is a great opportunity for investors or families looking to make a home while earning additional revenue. Don't miss out on this rare offering in a highly sought-after area! All current units are tenant-occupied and current on rent.

Last Agent to Sell the Property

Rajaa Chraibi

High-End Estates License #02003447 Listed on: 11/03/2024

Last Buyer's Agent

Carlos Estrada

Liberty Investment Group License #01413560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,475

Year Built

  • Built in 1949

Lot Details

  • 4,829 Sq Ft Lot

Home Design

  • Split Level Home

Interior Spaces

  • 2,518 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Auto Driveway Gate
  • Driveway

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6038-001-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,475

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2518
  • Lot Acreage: 0.1109
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 297.86

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway Gate, Driveway - Concrete
  • Total Parking: 8

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 170672
  • Assessed Land Percent: 70
  • Assessed Land Value: 398237
  • Total Assessed Value: 568909
  • Assessor Parcel Number: 6038-001-016
  • Lot Size Area: 4829

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.47
  • Number Of Units: 4
  • Total Annual Expense: 600
  • Type Of Units: 4
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2024
Closed on
May 12, 2025
Sold by
Focus Investments Properties Llc
Bought by
Ne Properties Llc
Seller's Agent
Rajaa Chraibi
High-End Estates
Buyer's Agent
Carlos Estrada
Liberty Investment Group
List Price
$799,000
Sold Price
$665,000
Premium/Discount to List
-$134,000
-16.77%
Total Days on Market
131
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.22%

Purchase Details

Closed on
Sep 11, 2020
Sold by
Moreno Juan Camilo and Moreno Melissa Andrea
Bought by
Focus Investments Properties Llc

Purchase Details

Closed on
Jun 29, 2020
Sold by
Moreno Juan Camilo and Moreno Melissa Andrea
Bought by
Moreno Juan Camilo and Moreno Melissa Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2020
Sold by
Focus Investments Properties Llc
Bought by
Moreno Juan Camilo and Moreno Melissa Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2017
Sold by
Moreno Juan Camilo
Bought by
Focus Investments Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 22, 2017
Sold by
Focus Investment Properties Llc
Bought by
Moreno Juan Camilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 21, 2017
Sold by
Moreno Melissa A
Bought by
Moreno Juan Camilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2016
Sold by
Fannie Mae
Bought by
Focus Investments Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 2012
Sold by
Munoz Jose
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 14, 2005
Sold by
Mansfield Properties Llc
Bought by
Munoz Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,600
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2005
Sold by
Taylor Derrick
Bought by
Mansfield Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2004
Sold by
Mansfield Llc
Bought by
Mansfield Properties

Purchase Details

Closed on
Dec 24, 2003
Sold by
Taylor Derrick
Bought by
Mansfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2003
Sold by
Warren Investments Inc
Bought by
Taylor Derrick and Jones Kim Lai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2003
Sold by
Levi Estates Llc
Bought by
La Mirada Center Inc

Purchase Details

Closed on
Jul 30, 2002
Sold by
Western Building Llc
Bought by
Levi Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,500
Interest Rate
6.52%

Purchase Details

Closed on
Aug 2, 2000
Sold by
Clarke Kapel
Bought by
Warren Investments Inc

Purchase Details

Closed on
Mar 31, 2000
Sold by
Watson Jerry
Bought by
Clarke Kapel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.86%

Purchase Details

Closed on
Feb 25, 2000
Sold by
Clarke Karen
Bought by
Clarke Kapel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.86%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $665,000 First American Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- Lawyers Title
Grant Deed -- None Available
Grant Deed -- Accommodation
Grant Deed -- Dar Title Company
Interfamily Deed Transfer -- Title 365
Quit Claim Deed $252,000 Title 365
Trustee Deed $451,312 Landsafe Title
Grant Deed $477,000 California Title Company
Grant Deed -- --
Grant Deed -- First American Title Co
Individual Deed -- --
Grant Deed -- --
Grant Deed $330,000 Southland Title Company
Individual Deed -- --
Grant Deed -- Stewart Title
Gift Deed -- --
Grant Deed $250,000 Stewart Title
Gift Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $380,000 New Conventional
Previous Owner $348,000 New Conventional
Previous Owner $339,500 Adjustable Rate Mortgage/ARM
Previous Owner $247,500 Unknown
Previous Owner $3,750,000 Unknown
Previous Owner $74,200 Credit Line Revolving
Previous Owner $401,500 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $381,600 Purchase Money Mortgage
Previous Owner $287,000 Purchase Money Mortgage
Previous Owner $264,000 Purchase Money Mortgage
Previous Owner $1,020,500 No Value Available
Previous Owner $175,000 No Value Available
Previous Owner $153,750 Unknown
Closed $62,500 No Value Available
Closed $33,000 No Value Available
Closed $61,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $665,000 -11.3% $264 / Sq Ft
03/13/2025 03/13/25 Price Changed $749,999 0.0% $298 / Sq Ft
02/14/2025 02/14/25 Price Changed $750,000 -5.1% $298 / Sq Ft
01/14/2025 01/14/25 Price Changed $790,000 -1.1% $314 / Sq Ft
11/03/2024 11/03/24 For Sale $799,000 -- $317 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $7,475 $591,891 $414,325 $177,566
2024 $7,475 $580,286 $406,201 $174,085
2023 $7,340 $568,909 $398,237 $170,672
2022 $7,016 $557,755 $390,429 $167,326
2021 $6,919 $546,820 $382,774 $164,046
2020 $6,985 $541,214 $378,850 $162,364
2019 $6,721 $530,603 $371,422 $159,181
2018 $6,618 $520,200 $364,140 $156,060
2016 $3,582 $270,459 $218,448 $52,011
2015 $3,534 $266,397 $215,167 $51,230
2014 $3,573 $261,180 $210,953 $50,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-459745

The MLS

APN: 6038-001-016