Search
6701 N Figueroa St, Los Angeles, CA 90042
View Photos

6701 N Figueroa St Los Angeles, CA 90042

$1,445,000 Sold Price as of 11/20/2020
  • 7 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$1,445,000 Sold Price as of 11/20/2020 Refinance Your Mortgage
Map preview of 6701 N Figueroa St, Los Angeles, CA 90042

Property Overview: 6701 N Figueroa St Los Angeles, CA has 7 bedrooms, 4 bathrooms, -- living square feet and 7,160 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property just came back to market with a $245,000 price reduction. The property consists of three, two bedroom + one bath apartments and one retail location. Two of the apartments are charming bungalow style units and the third is a second floor unit with a private patio. Each unit has covered parking spaces available. The retail location was a previous market, which currently is being used for storage. The total square footage of the property is ~5,297 SF, of which ~3,000 SF is the front retail unit. The property sits on a large corner lot which is 7,159 SF.

Listed by Elizabeth Clark | BRE #01811246 | Compass
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
7,160
HOA Dues
$0/mo
Year built
1924
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
20607536
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,765
  • Total Rent: $1,765
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,110
  • Total Rent: $1,110
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.78
  • Gross Scheduled Income: --
  • Net Operating Income: $94,220
  • Gross Operating Income: $124,584
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6701 N Figueroa St

Interior Features
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 5486008021
Location / Neighborhood
Location Information
  • Directions: The subject property is located on the corner of N Figueroa Street and Springvale Drive.
View more facts & features

Local Los Angeles Agent

Sale History for 6701 N Figueroa St

Last sold for $1,445,000 on November 20th, 2020

  • December, 2020

  • Dec 8, 2020

    Date

    Sold

    CRMLS: 20607536

    $1,445,000

    Price

  • Dec 7, 2020

    Date

    Pending

    CRMLS: 20607536

    $1,750,000

    Price

  • Sep 10, 2020

    Date

    Active

    CRMLS: 20607536

    $1,750,000

    Price

  • November, 2020

  • Nov 20, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,445,000

    Price

  • March, 2020

  • Mar 23, 2020

    Date

    Canceled

    CRMLS: 19510906

    $1,895,000

    Price

  • Mar 18, 2020

    Date

    Active Under Contract

    CRMLS: 19510906

    $1,895,000

    Price

  • Mar 18, 2020

    Date

    Expired

    CRMLS: 19510906

    $1,895,000

    Price

  • Feb 12, 2020

    Date

    Price Change

    CRMLS: 19510906

    $1,895,000

    Price

  • Sep 18, 2019

    Date

    Active

    CRMLS: 19510906

    $1,995,000

    Price

  • Listing provided courtesy of CRMLS

    7,159 square feet consisting of around 3,000 square feet of rentable warehouse in the front. The warehouse is currently owner occupied. There are three incoming producing units on the half of the lot. Each unit has covered parking spaces available. This site would be ideal for an owner/user.

  • August, 2012

  • Aug 28, 2012

    Date

    Sold (Public Records)

    Public Records

    $670,000

    Price

Show More

Tax History for 6701 N Figueroa St

Assessed Value (2020): $754,402
Year Land Value Improved Value Assessed Value
2020 $484,170 $270,232 $754,402

Home Value Compared to the Market

This property vs the competition

6701 N Figueroa St sold on November 20, 2020 for 47.06% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 6701 N Figueroa St

Detailed summary of property

6701 N Figueroa St is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 7 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 7,160 square foot lot. 6701 N Figueroa St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,445,000. Home 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 47.06% higher than the current median priced home. Local homes that are currently for sale include 4914 Mendota Ave, 4727 Lincoln Ave and 4312 Division St. While the average home in Los Angeles, CA is selling in 92 days, 6701 N Figueroa St has a days on market of 63 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. For more information on this home for sale at 6701 N Figueroa St Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6701 N Figueroa St

Public county record property details
Beds
4
Baths
2
Year built
1924
Sq. Ft.
5,297
Lot Size
7,159
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5486-008-021

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,089,000
Median List Price/Sq.Ft.
$748
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$858
Total Inventory
94
Median Sale to List Price %
125.16%
Avg Days on Market
32
Loan Type
Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 6701 N Figueroa St

Nearby Homes for Sale

718 N Ave 65, Los Angeles, CA 90042
$1,300,000
6 Beds
3 Baths
2251 Sq.Ft.
718 N Ave 65
Los Angeles, CA 90042
6538 Meridian St, Los Angeles, CA 90042
$1,595,000
5 Beds
4 Baths
2155 Sq.Ft.
6538 Meridian St
Los Angeles, CA 90042
311 N Avenue 59, Los Angeles, CA 90042
$1,250,000
4 Beds
4 Baths
3380 Sq.Ft.
311 N Avenue 59
Los Angeles, CA 90042
5910 Monte Vista St, Los Angeles, CA 90042
$1,349,000
4 Beds
4 Baths
2621 Sq.Ft.
5910 Monte Vista St
Los Angeles, CA 90042
5938 E Echo St, Los Angeles, CA 90042
$1,350,000
48 Beds
24 Baths
2180 Sq.Ft.
5938 E Echo St
Los Angeles, CA 90042
508 Chestnut Ave, Los Angeles, CA 90042
$1,450,000
7 Beds
6 Baths
3615 Sq.Ft.
508 Chestnut Ave
Los Angeles, CA 90042
1461 Hepner Ave, Los Angeles, CA 90041
$1,499,000
6 Beds
5 Baths
3430 Sq.Ft.
1461 Hepner Ave
Los Angeles, CA 90041
1461 Hepner Ave, Los Angeles, CA 90041
$1,499,000
6 Beds
5 Baths
3430 Sq.Ft.
1461 Hepner Ave
Los Angeles, CA 90041
5745 Arroyo Dr, Los Angeles, CA 90042
$1,275,000
12 Beds
6 Baths
4092 Sq.Ft.
5745 Arroyo Dr
Los Angeles, CA 90042
5231 Loleta Ave, Los Angeles, CA 90041
$1,589,000
11 Beds
6 Baths
2653 Sq.Ft.
5231 Loleta Ave
Los Angeles, CA 90041
4951 Baltimore St, Los Angeles, CA 90042
$1,249,000
3 Beds
4 Baths
1682 Sq.Ft.
4951 Baltimore St
Los Angeles, CA 90042
4943 Granada St, Los Angeles, CA 90042
$1,199,000
4 Beds
2 Baths
1793 Sq.Ft.
4943 Granada St
Los Angeles, CA 90042

Recently Sold Homes Near 6701 N Figueroa St

6772 N Figueroa St, Los Angeles, CA 90042
$710,000 Last Sold Price
2 Beds
2 Baths
1287 Sq.Ft.
6772 N Figueroa St
Los Angeles, CA 90042
6559 N Figueroa St, Los Angeles, CA 90042
$2,100,000 Last Sold Price
22 Beds
16 Baths
11396 Sq.Ft.
6559 N Figueroa St
Los Angeles, CA 90042
6100 Ruby Pl, Los Angeles, CA 90042
$870,000 Last Sold Price
3 Beds
2 Baths
-- Sq.Ft.
6100 Ruby Pl
Los Angeles, CA 90042
420 Newland St, Los Angeles, CA 90042
$950,000 Last Sold Price
4 Beds
3 Baths
-- Sq.Ft.
420 Newland St
Los Angeles, CA 90042

Related Resources to 6701 N Figueroa St

New Listings in 90042
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote