5906 S Figueroa St
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5906 S Figueroa St
10 Unit Apartment Building $3,500,000 ($350,000/Unit) Los Angeles, CA 90003
Executive Summary
4 units are vacant. Option to redevelop both lots (9600 square feet)
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$153,948
|
$21.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$153,948
|
$21.56
|
| Taxes |
$15,283
|
$2.14
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$15,283
|
$2.14
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $153,948 |
| Annual Per SF | $21.56 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $153,948 |
| Annual Per SF | $21.56 |
| Taxes | |
|---|---|
| Annual | $15,283 |
| Annual Per SF | $2.14 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $15,283 |
| Annual Per SF | $2.14 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $3,500,000 | Lot Size | 0.11 AC |
| Price Per Unit | $350,000 | Building Size | 7,140 SF |
| Sale Type | Investment | Average Occupancy | 70% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | Parking Ratio | 1.26/1,000 SF |
| Apartment Style | Low Rise |
| Price | $3,500,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Lot Size | 0.11 AC |
| Building Size | 7,140 SF |
| Average Occupancy | 70% |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 1.26/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Kitchen
- Tub/Shower
- Carpet
Site Amenities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
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Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $206,261 (2024) | |
| Land Assessment | $129,999 (2024) | Annual Taxes | $15,283 ($2.14/SF) |
| Improvements Assessment | $76,262 (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$129,999 (2024)
Improvements Assessment
$76,262 (2024)
Total Assessment
$206,261 (2024)
Annual Taxes
$15,283 ($2.14/SF)
Tax Year
2023 Payable 2024
zoning
| Zoning Code | LAC2 (Commercial) |
| LAC2 (Commercial) |
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5906 S Figueroa St
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