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6612 S Figueroa St, Los Angeles, CA 90003
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6612 S Figueroa St Los Angeles, CA 90003

$900,000 Sold Price as of 03/23/2022
  • 7 Beds
  • 4 Baths
  • 3,484 Sq.Ft.
Sold
$900,000 Sold Price as of 03/23/2022 Refinance Your Mortgage
Map preview of 6612 S Figueroa St, Los Angeles, CA 90003

Property Overview: 6612 S Figueroa St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 3,484 living square feet and 4,201 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Lots Of Upside, Large Units, Excellent Condition, Built In 1987, Parking For All Units. $1150 Rent Is Section 8 and $1175 Rent Is Section 8.

Listed by Mike Iryami | BRE #01825516 | BRC Advisors- BH
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 101

Home details

Lot Sq. Ft
4,201
HOA Dues
$0/mo
Year built
1987
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21797286
City
Los Angeles
County
Los Angeles
Time on Site
981 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,175
  • Total Rent: $1,175
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.27
  • Gross Scheduled Income: --
  • Net Operating Income: $38,885
  • Gross Operating Income: $60,900
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6612 S Figueroa St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 4
  • Parcel Number: 6013025025
Location / Neighborhood
Location Information
  • Directions: Located On Figueroa Just South Of Gage Ave
View more facts & features

Local Los Angeles Agent

Sale History for 6612 S Figueroa St

Last sold for $900,000 on March 23rd, 2022

  • March, 2022

  • Mar 23, 2022

    Date

    Sold

    CRMLS: 21797286

    $900,000

    Price

  • Oct 20, 2021

    Date

    Active

    CRMLS: 21797286

    $930,000

    Price

  • March, 2021

  • Mar 25, 2021

    Date

    Sold

    CRMLS: DW20262130

    $750,000

    Price

  • Feb 19, 2021

    Date

    Pending

    CRMLS: DW20262130

    $760,000

    Price

  • Feb 11, 2021

    Date

    Price Change

    CRMLS: DW20262130

    $760,000

    Price

  • Feb 11, 2021

    Date

    Active

    CRMLS: DW20262130

    $750,000

    Price

  • Jan 29, 2021

    Date

    Pending

    CRMLS: DW20262130

    $750,000

    Price

  • Jan 2, 2021

    Date

    Hold

    CRMLS: DW20262130

    $750,000

    Price

  • Dec 23, 2020

    Date

    Active

    CRMLS: DW20262130

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Take a look at this investment opportunity. This 4 unit building offers good size units in a high rental demand area. There is parking and a laundry facility onsite for convenience. It is just down the street from The Coliseum, Bank of California Stadium, The Natural History Museum and the University of Southern California. With only minutes from downtown Los Angeles, it is close to shopping, eating and entertainment. Add this one to your portfolio or make it your first investment property.

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Tax History for 6612 S Figueroa St

Assessed Value (2020): $266,773
Year Land Value Improved Value Assessed Value
2020 $21,499 $245,274 $266,773

Home Value Compared to the Market

This property vs the competition

6612 S Figueroa St sold on March 23, 2022 for 17.7% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $266.93 per/sqft which puts the price per square foot 64.6% lower than the current median sale per square foot for the city of Los Angeles.

About 6612 S Figueroa St

Detailed summary of property

6612 S Figueroa St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 3,484 living square feet, and sits on an approximately 4,201 square foot lot. 6612 S Figueroa St was first listed on ArdentRealEstateGroup.com on October 20, 2021. The homeowner sold the property for $900,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 17.7% lower than the current median priced home. Local homes that are currently for sale include 5860 Estrella Ave, 317 W 76th St and 622 W 76th St. While the average home in Los Angeles, CA is selling in 98 days, 6612 S Figueroa St has a days on market of 101 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 6612 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 6612 S Figueroa St

Public county record property details
Beds
8
Baths
4
Year built
1987
Sq. Ft.
3,484
Lot Size
4,200
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
188
APN
6013-025-025

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
$575,000
Median List Price/Sq.Ft.
$583
Median Sold Price
$535,000
Median Sold Price/Sq.Ft.
$575
Total Inventory
39
Median Sale to List Price %
101.9%
Avg Days on Market
34
Loan Type
Conventional (0%), FHA (11.11%), VA (11.11%), Cash (44.44%), Other (33.33%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 6612 S Figueroa St

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Recently Sold Homes Near 6612 S Figueroa St

6701 S Figueroa St, Los Angeles, CA 90003
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6510 S Figueroa St, Los Angeles, CA 90003
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6716 S Figueroa St, Los Angeles, CA 90003
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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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