10311 S Figueroa St, Los Angeles, CA 90003

$875,000
8
BD
5
BA
2,424
SqFt

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Sold Price
$875,000
List Price
$900,000
Closing Date
Aug 14, 2026
MLS#
26672689
Year Built
1928
Bedrooms
8
Bathrooms
5
Living Sq. Ft
2,424
Lot Size
5,501
Days on Market
50
Property Type
Multifamily
Stories
1

Property Description

We are proud to present 10311 S Figueroa St, an attractively priced 4-unit + ADU (5 units total) multifamily property in Los Angeles.Offered at an 8.22% CAP and an 8.05 GRM on current rents, with upside potential to achieve a 10.06% CAP and a 7.01 GRM upon stabilization, with TWO (2) UNITS DELIVERED VACANT. Located just south of W Century Blvd and west of S Grand Ave, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Hyde Park, Inglewood and Crenshaw. The property is comprised of three separate single-story structures with five residential units offering a total of 2,424 rentable square feet. Built in 1943, the property sits on a 2,750 square foot LAC2-zoned lot with alley access. The unit mix consists of two (2) three-bedroom one-bathroom units, two (2) one-bedroom units and one (1) studio unit. One (1) one-bedroom unit and one (1) studio unit will be delivered VACANT at closing, presenting an immediate opportunity to re-rent at market rents, and all units have been renovated. Contact the listing broker for additional information.

Additional Information

Lot Description
2-4 Lots
Other Buildings
Other
Heat
Other
Cooling
Other
Number of Cars in Garage
Carport Detached

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Courtesy of Kidder Mathews of California, Inc., Casey Lins - CA DRE#01902650 Selling Office: .

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