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4181 S Figueroa St, Los Angeles, CA 90037
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4181 S Figueroa St Los Angeles, CA 90037

$2,545,000 Sold Price as of 03/26/2019
  • 4064 Beds
  • 2032 Baths
  • 11,076 Sq.Ft.
Sold
$2,545,000 Sold Price as of 03/26/2019 Refinance Your Mortgage
Map preview of 4181 S Figueroa St, Los Angeles, CA 90037

Property Overview: 4181 S Figueroa St Los Angeles, CA has 4064 bedrooms, 2032 bathrooms, 11,076 living square feet and 12,872 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Mixed-Use property is located at the signalized corner of S. Figueroa & 42 St. The property consists of A single-story retail building and a two-story residential building separated by a parking lot totaling 11,076 SF on 12,872 SF C2 zoned lot. The subject property consists of four retail tenants totaling approx. 6,002 SF in size. The tenants consist of a Mini Food Mart Grocery Store, The Dollar House, El Sazon K-Tracho Restaurant (has multiple locations), and a Money Transfer Office. The Restaurant has an ADA compliant bathroom and central air. The 2-story residential building is located at the west portion of the lot on 42 St. It is comprised of 4 large - 2 bedrooms 1 bathroom units and totals approx 5,074 SF. This offering will attract an investor looking for an income producing property on a major commercial thoroughfare just south of USC & the Coliseum.

Listed by David Yashar | BRE #01102638 | Keller Williams Realty Westsid
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 96

Home details

Lot Sq. Ft
12,872
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
18412860
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 505
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,548
  • Total Rent: $1,548
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 507
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,445
  • Total Rent: $1,445
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 509
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,548
  • Total Rent: $1,548
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 511
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,445
  • Total Rent: $1,445
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.9%
  • Gross Rent Multiplier: 14.41
  • Gross Scheduled Income: --
  • Net Operating Income: $131,709
  • Gross Operating Income: $187,061
  • Improvements Total: $152,741
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4181 S Figueroa St

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 4
  • Parcel Number: 5019018026
Location / Neighborhood
Location Information
  • Directions: On the west side of S. Figueroa St. just south of Martin Luther King Jr Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 4181 S Figueroa St

Last sold on September 27th, 2019

  • September, 2019

  • Sep 27, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2019

  • Mar 27, 2019

    Date

    Sold

    CRMLS: 18412860

    $2,545,000

    Price

  • Mar 9, 2019

    Date

    Pending

    CRMLS: 18412860

    $2,595,000

    Price

  • Dec 27, 2018

    Date

    Price Change

    CRMLS: 18412860

    $2,595,000

    Price

  • Dec 3, 2018

    Date

    Active

    CRMLS: 18412860

    $2,695,000

    Price

  • March, 2019

  • Mar 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,545,000

    Price

Show More

Tax History for 4181 S Figueroa St

Assessed Value (2020): $2,595,900
Year Land Value Improved Value Assessed Value
2020 $2,040,000 $555,900 $2,595,900

Home Value Compared to the Market

This property vs the competition

4181 S Figueroa St sold on March 26, 2019 for 131.7% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $234.29 per/sqft which puts the price per square foot 67.64% lower than the current median sale per square foot for the city of Los Angeles.

About 4181 S Figueroa St

Detailed summary of property

4181 S Figueroa St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 4064 bedrooms, 2032 bathrooms, roughly 11,076 living square feet, and sits on an approximately 12,872 square foot lot. 4181 S Figueroa St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,545,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 131.7% higher than the current median priced home. Local homes that are currently for sale include 2321 Hooper Ave, 1731 S New Hampshire Ave and 2255 W 15th St. While the average home in Los Angeles, CA is selling in 106 days, 4181 S Figueroa St has a days on market of 96 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 4181 S Figueroa St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4181 S Figueroa St

Public county record property details
Beds
5
Baths
4
Year built
1922
Sq. Ft.
11,076
Lot Size
12,872
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
267,268
APN
5019-018-026

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$688,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$626,228
Median Sold Price/Sq.Ft.
$437
Total Inventory
36
Median Sale to List Price %
125.5%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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