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SOLD 11/20/2020
6701 N Figueroa Street, Los Angeles, CA 90042
7
beds
4
baths
· 7160
ft2 lot
$1,445,000
Listing provided courtesy of Listing Broker: Elizabeth Clark, Compass.
Source CRMLS.
This property just came back to market with a $245,000 price reduction. The property consists of three, two bedroom + one bath apartments and one retail location. Two of the apartments are charming bungalow style units and the third is a second floor unit with a private patio. Each unit has covered parking spaces available. The retail location was a previous market, which currently is being used for storage. The total square footage of the property is ~5,297 SF, of which ~3,000 SF is the front retail unit. The property sits on a large corner lot which is 7,159 SF.
HOA
$—/month
On market
2 months
Year built
1924
Property type
Multi-Family
Parking
3
MLS
20607536
Price / Sq.Ft.
ft2
Status
Closed
Flyhomes Cash Offer
Based on a price of $1,750,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$340/day
$0
Best
Flyhomes Guaranteed Offer
$8,750
- -
$8,750
Better
Discount Brokerage
$6,675
not offered
$6,675
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
Appliances
•   
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor
•   
Has Appliances
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned
•   
Garage Spaces: 3.00
Lot Info
•   
Zoning: LARD1.5
•   
Lot Size Acres: 0.1600
•   
Lot Size Area: 7160.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 4
•   
Total Units: 4
Building Info
•   
Stories Total: 1
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 124584.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Expenses: 30364.00
•   
Gross Multiplier: 12.78
Tax/Assessment Info
•   
Gross Income: 124584.00
Lease Info
•   
Net Operating Income: 94220.00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1110.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1110.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1765.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 1765.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1400.00
•   
Unit 1 Total Rent: 1400.00
Unit 4 Information
•   
Unit 4 Actual Rent: 0.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 0.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
Location
•   
Directions: The subject property is located on the corner of N Figueroa Street and Springvale Drive.
Other
Calculation
•   
Dom: 63
•   
Cdom: 63
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 14, 2021 12:19am
Neighborhood snapshot
98
Properties for sale
12
Median days on market
$635.82
Median sold price/sqft
106.23%
Sold/List %
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Property History
11/20/2020
11/20/2020
CRMLS #20607536
sold
CRMLS #20607536
$1,750,000
11/11/2020
11/11/2020
CRMLS #20607536
pending
CRMLS #20607536
$1,750,000
09/09/2020
09/09/2020
CRMLS #20607536
active
CRMLS #20607536
$1,750,000
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