3830 Figueroa, Los Angeles CA 90037 | $4,657,500

Multi-Family 3-Unit. Located in a prime Location nearby Downtown LA. This is an outstanding opportunity for an investor or a developer. This property is located across from the Coliseum Sports Arena, African American Museum, Natural History Museum, Rose Garden and Science Center. Also is nearby Metro Expo Line, walking distance to the University Of Southern California and 110 Freeway. Zoning regulation is LAC2, suitable for future potential development. The rental market in this area has tremendous upside. The 3-Units consist of 3 addresses 3830, 3830 1/2, and 3832. Has 3-bedrooms and 2-bathrooms upstairs and 2 units down stairs with 1-bedroom and 1-bathroom each. The upstairs unit is the only one that has a separate private entry & exit area through back which leads to the garages and open parking area. Has 3 gas meters, 3 electrical meters and 1 water meter. All the units don't have air condition. There is a 4-car garage in the back yard. All units have inside laundry hook ups. All the units are occupied by the owners, therefore there is no operating expenses and income information on the MLS. There are 2 commercial advertising signs in front of this property that produces a monthly income.

More Details