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8911 S Figueroa St, Los Angeles, CA 90003
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8911 S Figueroa St Los Angeles, CA 90003

$1,575,000 Sold Price as of 08/12/2019
  • 12 Beds
  • 12 Baths
  • 6,050 Sq.Ft.
Sold
$1,575,000 Sold Price as of 08/12/2019 Refinance Your Mortgage
Map preview of 8911 S Figueroa St, Los Angeles, CA 90003

Property Overview: 8911 S Figueroa St Los Angeles, CA has 12 bedrooms, 12 bathrooms, 6,050 living square feet and 13,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Introducing the sale of 8911 S Figueroa St. The subject property is comprised of twelve 1bd + 1ba units with plenty of gated, on-site parking. Investors can take advantage of upside potential in rental income.

Listed by Enrique Viramontes | BRE #01372010 | Remax Commercial and Investmen
Last checked: 40 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 218

Home details

Lot Sq. Ft
13,001
HOA Dues
$0/mo
Year built
1956
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19419184
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1
  • Total Rent: $3
  • Pro Forma/Market Rent: $2
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 1
  • Gross Scheduled Income: --
  • Net Operating Income: $1
  • Gross Operating Income: $3
  • Improvements Total: $351,900
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8911 S Figueroa St

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered
Property Information
  • Total # of Units: 12
  • Parcel Number: 6038005019
Location / Neighborhood
Location Information
  • Directions: Located on Figueroa St, south of Manchester Ave
View more facts & features

Local Los Angeles Agent

Sale History for 8911 S Figueroa St

Last sold for $1,575,000 on August 12th, 2019

  • August, 2019

  • Aug 13, 2019

    Date

    Sold

    CRMLS: 19419184

    $1,575,000

    Price

  • Aug 12, 2019

    Date

    Pending

    CRMLS: 19419184

    $1,649,000

    Price

  • Jun 26, 2019

    Date

    Price Change

    CRMLS: 19419184

    $1,649,000

    Price

  • Jan 18, 2019

    Date

    Price Change

    CRMLS: 19419184

    $1,700,000

    Price

  • Jan 4, 2019

    Date

    Active

    CRMLS: 19419184

    $1,790,000

    Price

  • August, 2019

  • Aug 9, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,575,000

    Price

  • December, 2018

  • Dec 26, 2018

    Date

    Canceled

    CRMLS: 18404568

    $1,790,000

    Price

  • Nov 6, 2018

    Date

    Active

    CRMLS: 18404568

    $1,790,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2018

  • Jan 15, 2018

    Date

    Sold

    CRMLS: 17230748

    $1,485,000

    Price

  • Nov 8, 2017

    Date

    Pending

    CRMLS: 17230748

    $1,500,000

    Price

  • Aug 8, 2017

    Date

    Price Change

    CRMLS: 17230748

    $1,500,000

    Price

  • May 12, 2017

    Date

    Active

    CRMLS: 17230748

    $1,560,000

    Price

  • Listing provided courtesy of CRMLS

    Introducing the sale of 8911 S Figueroa St. The subject property is comprised of 12 (1bd + 1ba) units with on-site parking. Investors will benefit from upside potential in a strong rental market. Tenants enjoy a close proximity to the 110 freeway and work and entertainment hubs in Downtown Los Angeles.

  • January, 2018

  • Jan 12, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,485,000

    Price

Show More

Tax History for 8911 S Figueroa St

Assessed Value (2020): $1,576,860
Year Land Value Improved Value Assessed Value
2020 $1,000,000 $576,860 $1,576,860

Home Value Compared to the Market

This property vs the competition

8911 S Figueroa St sold on August 12, 2019 for 47.23% 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 $272.56 per/sqft which puts the price per square foot 62.35% lower than the current median sale per square foot for the city of Los Angeles.

About 8911 S Figueroa St

Detailed summary of property

8911 S Figueroa St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 12 bedrooms, 12 bathrooms, roughly 6,050 living square feet, and sits on an approximately 13,001 square foot lot. 8911 S Figueroa St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,575,000. 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 47.23% higher than the current median priced home. Local homes that are currently for sale include 1016 W 110th St, 735 E 82nd St and 11226 S Figueroa St. While the average home in Los Angeles, CA is selling in 106 days, 8911 S Figueroa St has a days on market of 218 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 8911 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 8911 S Figueroa St

Public county record property details
Beds
12
Baths
12
Year built
1956
Sq. Ft.
6,050
Lot Size
13,001
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
6038-005-019

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%)

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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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