5 months on rocket

8115 S Figueroa St, Los Angeles, CA, 90003

$899,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Baths
2,248 SqFt
$400/SqFt
House

Location

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8115 S Figueroa St, Los Angeles$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway
Year Built1950
HeatingWall Furnace
CoolingNone
MLS #24404581
Lot Size0.15 Acres
StatusActive

About 8115 S Figueroa St

Fantastic development opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). ED1 Eligible. Continue to rent out the property or develop this 6501 Sq Ft lot. Zoned LAC2 , this TOC Tier 1. With a FAR of 2.75 the total buildable area can be 17,877 sq. ft. Buyer to Verify with city planning for accuracy of all information. Property consists of one building with 6 separate units. Units 2,3,4,5 and 6 are studios. Unit 1 is a 2 bedroom / 1 bath and it was modified to a 3 bedroom / 1 bath without permits which is now rented on Airbnb 30day+ . The other 5 units are rented out on a month to month basis.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 2,248 SqFt

Listing Office:

  • Office Name: RE/MAX ESTATE PROPERTIES
  • Office Phone: (310) 577-5300
  • Listing Agent: Shamim Khorsand Mashhadi

Interior Features

Interior Information:

  • Appliances: Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: 110 N. to Manchester, Left on Manchester and Right on Figueroa.

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $400/SqFt

Tax Information:

  • Annual Amount: $8,353
  • 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

8115 S Figueroa St vs Los Angeles

158 DAYS ON ROCKET

+120 Days

$899,000

-$124.4K Less

$400/SqFt

-$241 Less

KEY TAKEAWAY

This property is $124.4K less than the Median Sold Price and $241/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: #24404581

Listing Office:

  • Office Name: RE/MAX ESTATE PROPERTIES
  • Office Phone: (310) 577-5300
  • Listing Agent: Shamim Khorsand Mashhadi

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: 11/23/2024, 1:20:53 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

May 31, 2011Home Sold
$265,000
May 03, 2000Home Sold
$127,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,353$630,254
2020$8,125$623,199
2019$7,981$610,980
2018$4,262$599,000
2017$4,262$292,531

History based on county public records data.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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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-780736
6
/10

  • Kipp Empower Academy

  • 8466 S Figueroa St

  • 0.21 miles

  • Public Charter Grades KG-4

school-card-donut-780737
4
/10

  • Loren Miller Elementary School

  • 830 W 77th St

  • 0.44 miles

  • Public District Grades KG-6

school-card-donut-780738
6
/10

  • Manchester Elementary School

  • 661 W 87th St

  • 0.47 miles

  • Public District Grades 1-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,884. Most Los Angeles, CA residents have annual incomes less than $35k. Most families are single, with 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 8115 S Figueroa St

What is the listing price of this property?

The listing price of 8115 S Figueroa St property is $899,000.

What type of property is this?

The property 8115 S Figueroa St is a house located in Los Angeles, California, 90003.

Is this property for sale now?

Active Listing: 8115 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 $8,353 (source: MLS/based on county public records data).

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

The last sale was on May 31, 2011 for $265,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8115 S Figueroa St has 7 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 8115 S Figueroa St is 2,248 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8115 S Figueroa St is 1950.

Rocket Homes›California›Los Angeles County›Los Angeles›90003›8115 S Figueroa St

This home is located at 8115 S Figueroa St in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This 2,248 square foot home, which was built in 1950, sits on a 0.15 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $899,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

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

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