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5964 S Figueroa St, Los Angeles, CA 90003
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5964 S Figueroa St Los Angeles, CA 90003

$400,000 Sold Price as of 12/22/2022
  • 6 Beds
  • 3 Baths
  • 2,240 Sq.Ft.
Sold
$400,000 Sold Price as of 12/22/2022 Refinance Your Mortgage
Map preview of 5964 S Figueroa St, Los Angeles, CA 90003

Property Overview: 5964 S Figueroa St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,240 living square feet and 4,228 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *** PRICE REDUCED *** Great investment opportunity in the city of Los Angeles! This property features 3 units, each with 2 beds and 1ba, total living space of 2,240, Lot 4,228 sqft and zoned LAC2. Centrally located just minutes from Downtown LA, Coliseum, USC, LA Live, Crypto.com and so much more. Property needs work but the upside potential is HUGE! There is limited parking in the rear just off the alley. Property is being sold in its As-Is condition with tenants in possession. Please do NOT disturb tenants.

Listed by Thomas Phillips | BRE #01787705 | Residian Property Group
Last checked: 3 seconds ago | Last updated: December 23rd, 2022 | Source CRMLS | DOM: 66

Home details

Lot Sq. Ft
4,228
HOA Dues
$0/mo
Year built
1901
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
P1-11252
City
Los Angeles
County
Los Angeles
Time on Site
736 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $23,400
  • Net Operating Income: $23,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 5964 S Figueroa St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
  • Security Features: Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Parking Space, Tandem Uncovered
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 6004038019
  • Year Built Source: Assessor
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Repairs Major
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: South on Figueroa Street
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Street Lights, Urban, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 5964 S Figueroa St

Last sold for $400,000 on December 22nd, 2022

  • December, 2022

  • Dec 22, 2022

    Date

    Sold

    CRMLS: P1-11252

    $400,000

    Price

  • Sep 14, 2022

    Date

    Active

    CRMLS: P1-11252

    $599,000

    Price

Tax History for 5964 S Figueroa St

Assessed Value (2020): $529,380
Year Land Value Improved Value Assessed Value
2020 $397,800 $131,580 $529,380

Home Value Compared to the Market

This property vs the competition

5964 S Figueroa St sold on December 22, 2022 for 50.98% lower 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 $245.09 per/sqft which puts the price per square foot 66.15% lower than the current median sale per square foot for the city of Los Angeles.

About 5964 S Figueroa St

Detailed summary of property

5964 S Figueroa St is a triplex that recently sold in Los Angeles, CA 90003. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,240 living square feet, and sits on an approximately 4,228 square foot lot. 5964 S Figueroa St was first listed on ArdentRealEstateGroup.com on September 14, 2022. The homeowner sold the property for $400,000. 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 50.98% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 106 days, 5964 S Figueroa St has a days on market of 66 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 5964 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 5964 S Figueroa St

Public county record property details
Beds
6
Baths
3
Year built
1901
Sq. Ft.
2,240
Lot Size
4,227
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
28
APN
6004-038-019

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
$599,000
Median List Price/Sq.Ft.
$574
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
47
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

Thinking of Selling?

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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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