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Vivian Ayala

vivian.ayala@exprealty.com +1(171) 439-11248

$1,395,000

Est. payment - /mo

0.35 Acres Lot

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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26231877

HOA Y/N No

Year Built 1953

Lot Size 0.347 Acres

Property Sub-Type Apartment

Property Description

6 GRM! $116,250/Unit!
We are pleased to present 10108 S. Figueroa St, a 12 unit apartment building in South Los
Angeles with immediate access to the 110 Freeway. Built in 1953, the property features a
uniform unit mix of (12) 1 bed / 1 bath units spread out over 5,523 square feet, on a 15,121
square foot LAC2 zoned lot made up of two parcels. The building has been well
maintained, with renovated units and ample on-site parking, an amenity that remains in
high demand throughout the submarket. 10108 Figueroa produces excellent in place cash
flow at a strong cost basis, and two units will be delivered vacant, so a future investor can
lease them at market rents on day one.
South Los Angeles has become one of the region's most active rental markets, driven by its
central location and the major investment reshaping the surrounding area. The property
sits a short drive east of Inglewood, where SoFi Stadium, the Intuit Dome, and the
Hollywood Park development have turned the area into a world class sports and
entertainment destination ahead of the 2028 Olympic Games. Tenants have easy access to
Downtown LA via the 110 Freeway, with the Harbor Freeway Metro station serving the C
Line toward LAX and the J Line toward Downtown just to the south. Strong cash flow, a
durable unit mix, and a well connected location make this a compelling opportunity to own
a stable income producing asset in one of LA's most dynamic growth corridors.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Curbs, Suburban, Sidewalks, Urban

Total Parking Spaces 12

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6054034023

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

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Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559, DRE #02100737

NEARBY SCHOOL & BUSINESS

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10108 S Figueroa ST Los Angeles, CA 90003