An exceptional investment opportunity awaits in the heart of Los Angeles. This spacious and elegantly maintained four-unit property sits on a large 7,510 sq. ft. lot, just blocks from the University of Southern California, the Coliseum and one block from the iconic BMO Stadium, home of LAFC. Each of the four units contains approximately 1,100 Sq. Ft. with pristine hardwood floors and nice finishes offering immediate appeal for residents. Situated within walking distance to Exposition Park the new Lucas Museum of Narrative art, Expo Line Train Station, this property offers incredible access to cultural landmarks, public transit, and campus life. The neighborhood is experiencing rapid appreciation, making this a strong income-producing investment. Property includes a driveway to a back lot for ample parking. Easy reach to downtown LA, cultural venues, and public transit. High Demand Market Student housing, young professionals, and sports/cultural enthusiasts. The Fourth ground-floor vacant unit offers Value- Add Opportunity: Renovate the fourth unit for increased returns at a projected rental income of $2,300/month or as an owner user.
For sale
$1,295,000
4260 S Figueroa St, Los Angeles, CA 90037
4beds
4baths
4,516sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$823,400 Zestimate®
$287/sqft
$-- HOA
What's special
Nice finishesPristine hardwood floors
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