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5876 S Figueroa St, Los Angeles, CA, 90003

$1,475,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Baths
4,639 SqFt
$318/SqFt
House

Location

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5876 S Figueroa St, Los Angeles$1,475,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingUncovered
Year Built1934
HeatingWall Furnace
CoolingNone
MLS #24466245
Lot Size0.11 Acres
StatusActive

About 5876 S Figueroa St

Attention Investors!Seize this rare chance to own a remarkable 9-unit property that promises low maintenance and minimal expenses only trash and water! This asset is not just a property; it's a gateway to significant returns.Key Highlights:*High Upside Potential: With current rents below market value, there's ample room for increases that can enhance your cash flow.*Future Development Possibilities: Explore the exciting potential for expansion! Reports indicate the possibility of developing up to 34 low-income units, maximizing your investment's value.*Strategic Location: This property is being sold with the adjacent lot on 5886 S. Figueroa Street (APN 6004-036-016) asking price $350,000, currently utilized as parking, opening doors for future enhancements.Don't let this unique opportunity pass you by! Invest in your future and capitalize on the growth potential of this property today. For more details and to schedule a viewing, contact us now!

Property Details

Property Features

Property Information:

  • Year Built: 1934
  • Stories: 2
  • Living Area: 4,639 SqFt

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Vania Rincon

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: South of Slauson Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,475,000
  • Price Per SqFt: $318/SqFt

Tax Information:

  • Annual Amount: $3,256
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

5876 S Figueroa St vs Los Angeles

1 DAY ON ROCKET

-37 Days

$1,475,000

+$451.5K More

$318/SqFt

-$323 Less

KEY TAKEAWAY

This property is $451.5K more than the Median Sold Price and $323/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: #24466245

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Vania Rincon

IDX 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: 11/24/2024, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 13, 1996Home Sold
$165,000
May 17, 1989Home Sold
$104,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,256$196,422
2020$3,180$194,409
2019$3,081$190,598
2018$2,987$186,861
2017$2,987$183,198

History based on county public records data.

Payment Calculator

$7,429

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,489

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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.

Nearby Schools

school-card-donut-1048025
4
/10

  • 61st Street Elementary School

  • 6020 S Figueroa St

  • 0.21 miles

  • Public District Grades KG-6

school-card-donut-1048026
6
/10

  • Aspire Inskeep Academy Charter

  • 123 W 59th St

  • 0.43 miles

  • Public Charter Grades KG-6

school-card-donut-1048027
4
/10

  • Aspire Slauson Academy Charter

  • 123 W 59th St

  • 0.43 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,182. Residents of Los Angeles, CA typically earn less than $35k each year. Typical family type is 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 5876 S Figueroa St

What is the listing price of this property?

The listing price of 5876 S Figueroa St property is $1,475,000.

What type of property is this?

The property 5876 S Figueroa St is a house located in Los Angeles, California, 90003.

Is this property for sale now?

Active Listing: 5876 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 $3,256 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 13, 1996 for $165,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5876 S Figueroa St has 8 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 5876 S Figueroa St is 4,639 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5876 S Figueroa St is 1934.

Rocket Homes›California›Los Angeles County›Los Angeles›90003›5876 S Figueroa St

This home is located at 5876 S Figueroa St in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This 4,639 square foot home, which was built in 1934, sits on a 0.11 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $1,475,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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