11308 S Figueroa St Los Angeles, CA 90061

$1,925,000 Sold Price as of 07/31/2019

-- Beds
9 Baths
8,610 Sq.Ft.

Off Market

$1,925,000 Sold Price as of 07/31/2019 Refinance Your Mortgage

Map preview of 11308 S Figueroa St, Los Angeles, CA 90061

Property Overview: 11308 S Figueroa St Los Angeles, CA has -- bedrooms, 9 bathrooms, 8,610 living square feet and 9,385 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

11308 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 $1,250,000. The median price per/sqft for Los Angeles is $777. 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 $250,000 for the down payment and will need roughly $25,000 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 $59,500. 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 11308 S Figueroa St

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

January, 2024
Jan 4, 2024

Date

Canceled

CRMLS: 23325367

$2,895,000

Price
Oct 25, 2023

Date

Active

CRMLS: 23325367

$2,895,000

Price
Listing provided courtesy of CRMLS

6.43% Cap Rate and 10.85 GRM for non-RSO product! We are pleased to offer this 1987 construction nine unit investment opportunity, located in the City of Los Angeles (NOT subject to LA City RSO. Subject to AB-1482). The unit mix consists of three 2+1 and six 3+2 units. The investment consists of approximately 8,610 of rentable square feet and is situated on two adjacent parcels totaling approximately 12,350 square feet. Recent property upgrades include new exterior paint, new exterior lighting, a new wrought iron gate, new exterior building and unit numbers, and four of the units have recently been renovated. The building amenities include a large parking area with eighteen total spaces, a billboard generating additional income, and the property is separately metered for both gas & electricity.

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October, 2023
Oct 25, 2023

Date

Canceled

CRMLS: 23324999

$2,895,000

Price
Oct 24, 2023

Date

Active

CRMLS: 23324999

$2,895,000

Price
Listing provided courtesy of CRMLS

We are pleased to offer this nine unit investment opportunity, located in the City of Los Angeles. The unit mix consists of three 2+1 and six 3+2 units. The investment consists of approximately 8,610 of rentable square feet and is situated on two adjacent parcels totaling approximately 12,350 square feet. Recent property upgrades include new exterior paint, new exterior lighting, a new wrought iron gate, new exterior building and unit numbers, and four of the units have recently been renovated. The building amenities include a large parking area with eighteen total spaces, a billboard generating additional income, and the property is separately metered for both gas & electricity.

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July, 2019
Jul 31, 2019

Date

Sold (Public Records)

Public Records

$1,925,000

Price

Tax History for 11308 S Figueroa St

Assessed Value (2020): $1,540,000

Year	Land Value	Improved Value	Assessed Value
2020	$925,000	$615,000	$1,540,000

About 11308 S Figueroa St

Detailed summary of property

11308 S Figueroa St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90061 and last sold on July 31, 2019 for $1,925,000. This property has -- bedrooms, 9 bathrooms, roughly 8,610 living square feet, and sits on an approximately 9,385 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 61.76% higher than the current median priced home. 11308 S Figueroa St was last sold on July 31, 2019 for $1,925,000. Local nearby listings include 11215 S New Hampshire Ave, 204 E Imperial and 819 W 105th St. The average home in Los Angeles, CA is selling in 92 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 11308 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 11308 S Figueroa St

Public county record property details

Beds: --
Baths: 9
Year built: 1987
Sq. Ft.: 8,610
Lot Size: 9,385
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 134,135
APN: 6075-027-030

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

$592,000

Median List Price/Sq.Ft.

$525

Median Sold Price

$600,000

Median Sold Price/Sq.Ft.

$531

Total Inventory

Median Sale to List Price %

110.09%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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(714) 706-1823

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