Tour
More
1 / 22
2 / 22
3 / 22
10409 S Figueroa Street, Los Angeles, CA 90003
4
beds
3
baths
1359
ft2
· 2981
ft2 lot
$589,000
$433 / ft2
Listing provided courtesy of Negin Stern, LeMark Realty.
Source CRMLS.
7% CAP RATE! Unheard of in LA and cash flowing opportunity for investors with both units Section 8 approved generating $3,830 monthly gross income. This is a centrally located income producing property with LAC2 zoning. Both units have been recently remodeled. Updated kitchens, electrical, and copper plumbing. Tile flooring throughout communal areas with laminate flooring in the bedrooms. 3 bed/2 bath back unit features remodeled kitchen with stainless steel appliances. Front unit is of similar style and consists of 1 bed/1 bath. Large driveway with room for RV and possibly up to 5 cars. Owner pays only water and units are separately metered for electricity and gas. Tenant pays electricity, gas, and trash. Convenient access to USC, YMCA, public transportation, shopping, and the 110 and 105 freeways while being just moments away from the new home of the Rams and state of the art entertainment venue SoFi Stadium!
HOA
$—/month
On market
2 months
Year built
1940
Property type
Multi-Family
Parking
MLS
21695732
Price / Sq.Ft.
$433 / ft2
Status
Active
price-analysis-v2
Price analysis
prepare-offer
Prepare an offer
Tour this home
Request a free tour of this home
Wednesday
21
April
Thursday
22
April
Friday
23
April
Saturday
24
April
Sunday
25
April
Monday
26
April
Tuesday
27
April
Wednesday
28
April
Thursday
29
April
Friday
30
April
Saturday
1
May
Sunday
2
May
Monday
3
May
Tuesday
4
May
Tour type :
In person
Need a Lyft ride to and from your tour?
Flyhomes Cash Offer
Based on a price of $589,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$115/day
$0
Best
Flyhomes Guaranteed Offer
$2,945
- -
$2,945
Better
Discount Brokerage
$1,915
not offered
$1,915
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: Forced Air
Interior Size
•   
Building Area Total: 1359.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Driveway, RV Potential, Tandem Garage
Building Info
•   
Zoning: LAC2
•   
Stories Total: 1
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.0600
•   
Lot Size Area: 2981.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 2
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 45960.00
•   
Water Sewer Expense: 1200.00
•   
Other Expense: 160.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Actual Rent: 3830.00
•   
New Taxes Expense: 5100.00
•   
Insurance Expense: 1100.00
•   
Total Expenses: 7560.00
•   
Gross Multiplier: 12.82
Tax/Assessment Info
•   
Gross Income: 45960.00
•   
Tax Year: 2020
•   
Taxes: 5287.0
Lease Info
•   
Net Operating Income: 38400.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 2400.00
•   
Unit 2 Bedrooms: 3
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Total Rent: 2400.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1430.00
•   
Unit 1 Total Rent: 1430.00
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: West of 110 freeway. South of Century. North of 105 freeway.
Other
Calculation
•   
Dom: 59
•   
Cdom: 59
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 21, 2021 1:38am
Neighborhood snapshot
98
Properties for sale
13
Median days on market
$342.36
Median sold price/sqft
106.77%
Sold/List %
walk-icon}
walk score® :
transit-icon}
transit score® :
bike-icon}
bike score® :
Property History
02/20/2021
02/20/2021
CRMLS #21695732
active
CRMLS #21695732
$589,000
+47.25%
07/31/2017
07/31/2017
Public Record
sold
Public Record
$400,000
+31.15%
07/28/2014
07/28/2014
Public Record
sold
Public Record
$305,000
+96.14%
10/14/2013
10/14/2013
Public Record
sold
Public Record
$155,500
--5.76%
11/04/2010
11/04/2010
Public Record
sold
Public Record
$165,000
--57.14%
See more property history
Nearby Similar Homes
street view
$515,000
434 W 105th Street
Los Angeles, CA 90003
3 bed
2 bath
1200
 ft²
 · 
4595
 ft²  lot
Recently Sold Nearby
Products
BrokerageMortgageToursTitle & Escrow
Download the Flyhomes App
Equal Housing Opportunity
By searching, you agree to the Terms of Use and Privacy Policy.
California DRE #02012110

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
Flyhomes © 2021