We are pleased to offer this sixteen unit investment opportunity, located in the City of Los Angeles. The unit mix consists of fourteen 0+1 and two 1+1 units. The investment consists of approximately 4,792 of rentable square feet and is situated on an approximately 8,138 square foot parcel. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and eight of the units have recently been renovated. The building amenities include a large parking area with nine total spaces, an on-site laundry room generating additional income, and the property is separately metered for electricity.
Property Details
Property Features
Property Information:
Year Built: 1953
Stories: 2
Living Area: 4,792 SqFt
Listing Office:
Office Name: BRC Advisors- BH
Listing Agent: Griffin White
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 2
Exterior Features
Parking Information:
Parking: Gated
Lot Features
Lot Information:
Lot Size: 0.19 Acres
Other
Directions Information:
Directions: The subject property is located in the City of Los Angeles. The property is situated south of Imperial Highway, North of the 105 Freeway, West of the 110 Freeway, and East of Hoover Street.
Price Information
Listing Price Info
Price Summary:
List Price: $2,500,000
Price Per SqFt: $522/SqFt
Tax Information:
Annual Amount: $24,990
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1.4M more than the Median Sold Price and $119/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24418881
Listing Office:
Office Name: BRC Advisors- BH
Listing Agent: Griffin White
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/14/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 25, 2019
Sep 25, 2019Home Sold
$2,000,000
Jul 10, 2013
Jul 10, 2013Home Sold
$1,050,000
Jul 16, 2003
Jul 16, 2003Home Sold
$615,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$24,990
$2,020,720
2020
$14,787
$2,000,000
2019
$14,655
$1,153,860
2018
$14,312
$1,131,236
2017
$14,312
$1,109,056
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Figueroa Street Elementary School
510 W 111th St
Distance between this listing and this school0.29 miles
Public District Grades KG-5
4
/10
118th Street Elementary
144 E 118th St
Distance between this listing and this school0.68 miles
Public District Grades KG-5
1
/10
West Athens Elementary School
1110 W 119th St
Distance between this listing and this school0.75 miles
Public District Grades PK-5
Nearby Schools
3
/10
Samuel Gompers Middle School
234 E 112th St
Distance between this listing and this school0.74 miles
Public District Grades 6-8
4
/10
Alliance Jack H. Skirball Middle School
603 E 115th St
Distance between this listing and this school1.04 miles
Public Charter Grades 6-8
7
/10
Alliance College-Ready Middle Academy 4
9719 S Main St
Distance between this listing and this school1.31 miles
Public Charter Grades 6-8
Nearby Schools
5
/10
University Pathways Medical Magnet Academy
11227 S San Pedro St
Distance between this listing and this school0.76 miles
Public Magnet Grades 9-12
2
/10
Alain Leroy Locke College Preparatory Academy
325 E 111th St
Distance between this listing and this school0.88 miles
Public Charter Grades 9-12
8
/10
Alliance Judy Ivie Burton Technology Academy High School
10101 S Broadway
Distance between this listing and this school0.99 miles
The neighbors living near this home have an average income of $24,302. The majority of Los Angeles, CA residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 11425 S Figueroa St
What is the listing price of this property?
The listing price of 11425 S Figueroa St property is $2,500,000.
What type of property is this?
The property 11425 S Figueroa St is a house located in Los Angeles, California, 90061.
Is this property for sale now?
Active Listing: 11425 S Figueroa St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $24,990 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 25, 2019 for $2,000,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 11425 S Figueroa St has 2 bedrooms and 16 bathrooms.
What is the square footage of this property?
The property 11425 S Figueroa St is 4,792 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 11425 S Figueroa St is 1953.
This home is located at 11425 S Figueroa St in Los Angeles, CA and zip code 90061 in the Vermont Vista neighborhood. This 4,792 square foot home, which was built in 1953, sits on a 0.19 acre lot. Features: 2 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $2,500,000.
In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.