11306 S Figueroa St, Los Angeles, CA 90061
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11306 S Figueroa St Los Angeles, CA 90061

$1,925,000 Sold Price as of 07/31/2019
  • 24 Beds
  • 15 Baths
  • 8,610 Sq.Ft.
Sold
$1,925,000 Sold Price as of 07/31/2019 Refinance Your Mortgage

Map preview of 11306 S Figueroa St, Los Angeles, CA 90061

Property Overview: 11306 S Figueroa St Los Angeles, CA has 24 bedrooms, 15 bathrooms, 8,610 living square feet and 15,314 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built in 1987. Not subject to Los Angeles Rent Stabilization. Small billboard at the corner of the property pays rent of $600.00 per year.Listing Agent is one of the owners.

Listed by Barry Baker | BRE #00696962 | Barry Baker
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
15,314
HOA Dues
$0/mo
Year built
1987
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19480268
City
Los Angeles
County
Los Angeles
Time on Site
1270 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.3
  • Gross Scheduled Income: --
  • Net Operating Income: $79,946
  • Gross Operating Income: $134,400
  • Improvements Total: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 11306 S Figueroa St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • No Appliances
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 9
  • Parcel Number: 6075027029
Location / Neighborhood
Location Information
  • Directions: On Figueroa Street just north of Imperial Highway.
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Sale History for 11306 S Figueroa St

Last sold for $1,925,000 on July 31st, 2019
  • July, 2019

  • Jul 31, 2019

    Date

    Sold

    CRMLS: 19480268

    $1,925,000

    Price

  • Jun 24, 2019

    Date

    Pending

    CRMLS: 19480268

    $1,925,000

    Price

  • Jun 20, 2019

    Date

    Active

    CRMLS: 19480268

    $1,925,000

    Price

  • July, 2019

  • Jul 31, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,925,000

    Price

  • June, 1996

  • Jun 28, 1996

    Date

    Sold (Public Records)

    Public Records

    $215,000

    Price

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Tax History for 11306 S Figueroa St

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $385,000 -- --

Home Value Compared to the Market

This property vs the competition

11306 S Figueroa St sold on July 31, 2019 for 51.1% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $223.58 per/sqft which puts the price per square foot 71.73% lower than the current median sale per square foot for the city of Los Angeles.

About 11306 S Figueroa St

Detailed summary of property

11306 S Figueroa St is a multi family that recently sold in Los Angeles, CA 90061. This multi family property offered 24 bedrooms, 15 bathrooms, roughly 8,610 living square feet, and sits on an approximately 15,314 square foot lot. 11306 S Figueroa St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,925,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 51.1% higher than the current median priced home. Local homes that are currently for sale include 1229 W Gage Ave, 240 E 60th St and 6101 Compton Ave. While the average home in Los Angeles, CA is selling in 100 days, 11306 S Figueroa St has a days on market of 4 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 11306 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 11306 S Figueroa St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
2,964
Stories
--
Type
Residential-Vacant Land
Pool
No
Spa
No
County
Los Angeles
Lot#
134,135
APN
6075-027-029

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
$599,999
Median List Price/Sq.Ft.
$528
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$446
Total Inventory
25
Median Sale to List Price %
108.06%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (25%), Other (25%)

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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.