4171 South Figueroa Street, Los Angeles, CA 90037

$3,295,000 Approx. USD 6 beds, 26 baths
14,316 sqft

Agent Remarks

26 unit apartment building is centrally located close to Downtown Los Angeles. The building is West of the 110 freeway and near the Expo Line providing convenient transportation access. Less than a mile away is the world renowned USC campus perimeter in University Park which is home to one of the largest employers in the city. USC also has over 40,000 students providing the strategic investor with strong potential to reposition the building accordingly.The property, built in 1927, consists of 6 one-bedroom/one-bathroom units and 20 studio units. The building is individually metered for electricity and gas and has a central water boiler. The building has been updated with partial upgrades to the electrical and plumbing systems.The subject property allows an investor to acquire a 26-unit building on a main thoroughfare with great visibility in an in-fill location near DTLA and USC in a primarily residential neighborhood with high renter demand and limited supply of rental apartments.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 16-145458
List price is $3,295,000
Beds: 6
Baths: 26
Built in 1927
14,316 sqft
3 Stories stories
County: Los Angeles
Zoning: LAC2
Parking type: None
Interior features: Other
Heating description: Wall Gas
MLS area: Downtown L.A. (C42)

Last Updated: 7/27/2016

 Find more Los Angeles homes and real estate

 Find more homes in 90037 zip code

This listing belongs to the Downtown L.A. (C42) MLS area

The listing is zoned LAC2.
View more listings zoned LAC2

Lat/Long: 34.007584, -118.283112.
Find nearby listings

Broker: Courtesy of Century 21 Select
Listing Agent: Ronald Escobar

Area Map

Nearby Schools

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

Similar Listings