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

$555,000 Sold Price as of 11/09/2023
  • 5 Beds
  • 2 Baths
  • 1,844 Sq.Ft.
Sold
$555,000 Sold Price as of 11/09/2023 Refinance Your Mortgage

Map preview of 6701 S Figueroa St, Los Angeles, CA 90003

Property Overview: 6701 S Figueroa St Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,844 living square feet and 4,757 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Exciting opportunity for investors or those looking for income property. The units are detached and zoned LAC2. The front unit 6703 is a 3 bedroom, 1 bath and the back unit 6701 is a 2 bedroom 1 bath. Both units have washer dryer hook ups. Property is only minutes from USC, Downtown LA, Los Angeles Memorial Coliseum, LA Live, Schools, Shopping Centers, Museums, the 110 Freeway and much more. Broker/Agent doesn't guarantee accuracy of square footage, bed/bath count, lot size, permit info, descriptions herein or other info Buyer and Buyer's Agent to do their own investigations. DO NOT DISTURB *Large dog on property.

Listed by Michelle Covington | BRE #01975177 | Compass
Last checked: 11 minutes ago | Last updated: November 10th, 2023 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
4,757
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23301999
City
Los Angeles
County
Los Angeles
Time on Site
306 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6701 S Figueroa St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6013018032
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of Gage, North of Florence between S. Hoover and Broadway. West of the 110 Freeway.
View more facts & features

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Sale History for 6701 S Figueroa St

Last sold for $555,000 on November 9th, 2023
  • November, 2023

  • Nov 9, 2023

    Date

    Sold

    CRMLS: 23301999

    $555,000

    Price

  • Aug 24, 2023

    Date

    Active

    CRMLS: 23301999

    $555,000

    Price

  • November, 2021

  • Nov 24, 2021

    Date

    Active

    CRMLS: IN21226944

    $565,000

    Price

  • Listing provided courtesy of CRMLS

    Come one come all. MOTIVATED SELLER: SELLER IS WILLING TO HELP WITH CONCESSIONS TO CLOSE, ALSO PROPERTIES CURRENT APPRAISED VALUE AS OF 03/15/2022 IS $600,00.00. This property is zoned LAC2 /mixed use (Office /Residential) which makes for a lot of upside potential for someone who'd like to run their business from the place in which they reside. The current property detail shows property as a duplex with the back unit showing as a 2 bedroom 1 bath and the front unit as a 2 bedroom 1 bath although the front unit is actually a 3 bedroom 1 bath. Information deemed reliable but not guaranteed. Buyer to verify all information with local building authority. Property is being sold in as is condition. For sports fans and concert goers you’re just a hop, skip and a jump from the LA Memorial Coliseum due north of property and due west the SoFi Stadium, Hollywood park Casino and LAX. For the asking price and a little TLC this property can be yours.

  • January, 1986

  • Jan 14, 1986

    Date

    Sold (Public Records)

    Public Records

    $40,000

    Price

Show More

Tax History for 6701 S Figueroa St

Assessed Value (2020): $125,610
Year Land Value Improved Value Assessed Value
2020 $54,612 $70,998 $125,610

Home Value Compared to the Market

This property vs the competition

6701 S Figueroa St sold on November 9, 2023 for 50.88% 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 $300.98 per/sqft which puts the price per square foot 60.08% lower than the current median sale per square foot for the city of Los Angeles.

About 6701 S Figueroa St

Detailed summary of property

6701 S Figueroa St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 1,844 living square feet, and sits on an approximately 4,757 square foot lot. 6701 S Figueroa St was first listed on ArdentRealEstateGroup.com on August 26, 2023. The homeowner sold the property for $555,000. 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 50.88% lower than the current median priced home. Local homes that are currently for sale include 172 E 43rd ST, 936 E 91st St and 10409 S Figueroa St. While the average home in Los Angeles, CA is selling in 98 days, 6701 S Figueroa St has a days on market of 47 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 6701 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 6701 S Figueroa St

Public county record property details
Beds
4
Baths
2
Year built
1907
Sq. Ft.
1,844
Lot Size
4,802
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
444
APN
6013-018-032

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%)

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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.