10961 S Figueroa St Los Angeles, CA 90061

$1,575,000 Sold Price as of 09/07/2018

4 Beds
9 Baths
4,252 Sq.Ft.

Off Market

$1,575,000 Sold Price as of 09/07/2018 Refinance Your Mortgage

Map preview of 10961 S Figueroa St, Los Angeles, CA 90061

Property Overview: 10961 S Figueroa St Los Angeles, CA has 4 bedrooms, 9 bathrooms, 4,252 living square feet and 6,242 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

10961 S Figueroa St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $247,200 for the down payment and will need roughly $24,720 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $52,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 10961 S Figueroa St

Last sold for $1,575,000 on September 7th, 2018

April, 2024
Apr 16, 2024

Date

Withdrawn

CRMLS: 23328555

$3,295,000

Price
Nov 3, 2023

Date

Active

CRMLS: 23328555

$3,295,000

Price
Listing provided courtesy of CRMLS

5.83% CAP 15-unit on South Fig with upside! Assumable loan available at 3.500% fixed through June, 2026. 7,591 SF property consists of eight one bedroom/one bathroom units, three two bedroom/one bathroom units, and four studios. With immediate accessibility from the 110 and105 Freeways, 10961-10965 S Figueroa St. is very walkable from schools, retail shops, and restaurants. 53% upside in current rents leaves plenty potential for future ownership. Thirteen units have been turned over since acquisition, with renovations done including: Exterior paint, exterior lights, parking striping, rear stairwell redone, and a new surveillance system installed. This property also includes attached garages with the potential to add 2 ADUs (buyer to investigate). Ample parking is available with ten surface spaces. This property is under a 30 minute drive from University of Southern California and LAX, and just 5 minutes from Cal State Dominguez Hills. 3.5 miles to the southwest of 10961-10965 S. Figueroa St. is Torrance Airport and SpaceX Headquarters, located in the Los Angeles suburb of Hawthorne, California. The neighborhood's economic growth, new developments, rich diversity, and cultural vibrancy have made it a popular destination for residents, businesses, and visitors alike.

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September, 2018
Sep 8, 2018

Date

Sold

CRMLS: 18373104

$1,575,000

Price
Aug 16, 2018

Date

Pending

CRMLS: 18373104

$1,550,000

Price
Aug 9, 2018

Date

Active Under Contract

CRMLS: 18373104

$1,550,000

Price
Aug 7, 2018

Date

Active

CRMLS: 18373104

$1,550,000

Price
Listing provided courtesy of CRMLS

Woodframe/stucco apartments along the Figueroa Corridor in Harbor Gateway, South Los Angeles. Excellent unit mix and layout over a generous 12,485sf LAC2 double lot. 65% calculated upside in rents with additional storage and garage revenue. Zoning, lot area and TOC ordinance allow up to 55 buildable units in a redevelopment. Extremely low cost per unit, separately-metered, immediate access to the 110 and 105 Freeways. Additional parcel is 10965 S. Figueroa St. APN: 6075-021-015.

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September, 2018
Sep 7, 2018

Date

Sold (Public Records)

Public Records

$1,575,000

Price
May, 2012
May 23, 2012

Date

Sold (Public Records)

Public Records

$850,000

Price

Tax History for 10961 S Figueroa St

Assessed Value (2020): $899,640

Year	Land Value	Improved Value	Assessed Value
2020	$612,000	$287,640	$899,640

About 10961 S Figueroa St

Detailed summary of property

10961 S Figueroa St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90061 and last sold on September 7, 2018 for $1,575,000. This property has 4 bedrooms, 9 bathrooms, roughly 4,252 living square feet, and sits on an approximately 6,242 square foot lot. Homes in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 50% higher than the current median priced home. 10961 S Figueroa St was last sold on September 7, 2018 for $1,575,000. Local nearby listings include 11125 S Vermont Ave, 220 W 101st St and 552 W 99th St. The average home in Los Angeles, CA is selling in 96 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 10961 S Figueroa St Los Angeles, CA 90061 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10961 S Figueroa St

Public county record property details

Beds: 4
Baths: 9
Year built: 1948
Sq. Ft.: 4,252
Lot Size: 6,242
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 138
APN: 6075-021-014

The source for these homes facts are from public records.

90061 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$649,999

Median List Price/Sq.Ft.

$525

Median Sold Price

$660,000

Median Sold Price/Sq.Ft.

$476

Total Inventory

Median Sale to List Price %

101.69%

Avg Days on Market

Loan Type

Conventional (0%), FHA (28.57%), VA (0%), Cash (28.57%), Other (42.86%)

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