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10409 S Figueroa St, Los Angeles, CA 90003
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10409 S Figueroa St Los Angeles, CA 90003

$650,000
  • 4 Beds
  • 3 Baths
  • 1,359 Sq.Ft.
For Sale
$650,000 Get Pre-Qualified
Map preview of 10409 S Figueroa St, Los Angeles, CA 90003

Property Overview: 10409 S Figueroa St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,359 living square feet and 2,981 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Excellent investment opportunity in the heart of South Los Angeles! A versatile property from owner-occupancy to investment, this is a centrally located income-producing duplex with LAC2 zoning. 3 bed/2 bath Spanish style back unit features an excellent floor plan, 809 square feet of living space, and an updated kitchen with stainless steel appliances. Front 1 bed/1 bath Mid-century style unit also offers a highly functional floor plan, 550 square feet of living space, and is in similar condition. The front unit also features brand new fixtures throughout including a new gas wall heater unit, new stove/refrigerator, and new windows. Both units are in move-in ready condition and highlighted by updated kitchens, electrical system, and copper plumbing. Laminate flooring is offered in the bedrooms with tile flooring throughout the communal areas. Long driveway offers plenty of space for multiple vehicles. Both units are separately metered for electricity and gas. Owner pays for water only. Tenants pays for electricity, gas, and trash. Conveniently located to USC, YMCA, public transportation, and shopping. With so much to offer and with easy access to the 110 and 105 freeways while being just moments away to the state-of-the-art entertainment venue SoFi Stadium, home of the Los Angeles Rams and Los Angeles Chargers, this is truly a superb investment opportunity that you do not want to miss!

Listed by Negin Stern | BRE #01729055 | LeMark Realty
Co-listed by Pui Ching Tsui | BRE #01889817 | LeMark Realty
Last checked: 4 minutes ago | Last updated: January 17th, 2024 | Source CRMLS | DOM: 94
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Home details

Lot Sq. Ft
2,981
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24344453
City
Los Angeles
County
Los Angeles
Time on Site
113 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,275
  • Total Rent: $2,275
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 10409 S Figueroa St

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Property Details for 10409 S Figueroa St

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Laminate
Kitchen Information
  • Has Appliances
  • Refrigerator, Range Hood, Gas Oven
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Tandem Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6061027027
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: West of 110 freeway. South of W. Century Blvd. North of 105 freeway.
View more facts & features

Local Los Angeles Agent

Sale History for 10409 S Figueroa St

Last sold for $400,000 on July 31st, 2017

  • January, 2024

  • Jan 11, 2024

    Date

    Active

    CRMLS: 24344453

    $650,000

    Price

  • June, 2021

  • Jun 20, 2021

    Date

    Expired

    CRMLS: 21695732

    $589,000

    Price

  • Feb 20, 2021

    Date

    Active

    CRMLS: 21695732

    $589,000

    Price

  • Listing provided courtesy of 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!

  • August, 2017

  • Aug 8, 2017

    Date

    Sold

    CRMLS: 17235342

    $400,000

    Price

  • Jun 28, 2017

    Date

    Pending

    CRMLS: 17235342

    $389,999

    Price

  • May 26, 2017

    Date

    Active

    CRMLS: 17235342

    $389,999

    Price

  • Listing provided courtesy of CRMLS

    Standard Sale. Beautiful income producing property in Los Angeles. Both units have been remodeled/updated about 3 years ago - updated copper plumbing, electrical and kitchens. Tile flooring throughout communal areas with laminate flooring in the bedrooms. Remodeled kitchen with stainless steel appliances in back unit which is 3 bedrooms and 2 baths. Front unit is of similar style and is a 1 bedroom and 1 bath, currently rented to a single tenant - rent always on time the 1st of the month. Owner will deliver back unit vacant at COE and front unit as well if possible. Large driveway with room for RV or 5 cars! Only minutes from the new Rams stadium, USC and close to the YMCA, public transportation,shopping and the 110 and 105 freeways. Owner pays only water, units separately metered for electricity and gas. Cash flowing opportunity for investors or great for first time buyers! Submit BEST and HIGHEST offers ONLY! Submit complete offer package,DU. Seller will review all offers by 06-07-17

  • July, 2014

  • Jul 29, 2014

    Date

    Sold (Public Records)

    Public Records

    $305,000

    Price

  • May, 2014

  • May 7, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2013

  • Jan 5, 2013

    Date

    Expired

    CRMLS: R33362

    $160,000

    Price

  • Jun 3, 2003

    Date

    Active

    CRMLS: R33362

    $160,000

    Price

  • Listing provided courtesy of CRMLS

    Seller Is Very Motivated To Seell. Fax Me Your Offer Today. Seler Is Willing To Help With Buyer Closing Cost. Call Pedro Flores At 323-771-4949

  • January, 2013

  • Jan 5, 2013

    Date

    Expired

    CRMLS: R36283

    $160,000

    Price

  • Oct 14, 2003

    Date

    Active

    CRMLS: R36283

    $160,000

    Price

  • Listing provided courtesy of CRMLS

    This One Won't Last.

  • December, 2012

  • Dec 19, 2012

    Date

    Expired

    CRMLS: R27147

    $165,000

    Price

  • Oct 23, 2002

    Date

    Active

    CRMLS: R27147

    $165,000

    Price

  • Listing provided courtesy of CRMLS

    Good Property For The Price. This One Will Go Fast. Do Not Wait.

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Tax History for 10409 S Figueroa St

Assessed Value (2020): $416,160
Year Land Value Improved Value Assessed Value
2020 $249,696 $166,464 $416,160

Home Value Compared to the Market

This property vs the competition

10409 S Figueroa St is listed 46.94% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $478.29 per/sqft which puts the price per square foot 38.21% lower than the median price per square foot for the city of Los Angeles.

About 10409 S Figueroa St

Detailed summary of property

10409 S Figueroa St is a multi family located in Los Angeles, CA 90003 and is currently for sale. This multi family property offers 4 bedrooms, 3 bathrooms, roughly 1,359 living square feet, and sits on an approximately 2,981 square foot lot. 10409 S Figueroa St was first listed on ArdentRealEstateGroup.com on January 11, 2024. The homeowner is currently asking $650,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 46.94% lower than the median priced home. Local competing homes currently for sale include 11214 S Main St, 830 W Imperial Hwy and 9712-1 S San Pedro St. While the average home in Los Angeles, CA is selling in 96 days, 10409 S Figueroa St has a days on market of 94 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 10409 S Figueroa St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10409 S Figueroa St

Public county record property details
Beds
3
Baths
2
Year built
1940
Sq. Ft.
1,359
Lot Size
2,988
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23,24
APN
6061-027-027

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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