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5606 S Figueroa St
Los Angeles, CA 90037 Vermont Harbor

$1,795,000 USD

Apartments For Sale  •  9,090 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,090 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1927
  • Zoning C2, Los Angeles
70 Transit Score
50 Walk Score

Highlights

A 16-Unit Value-Add Investment Opportunity in South Los Angeles
6.98% Current CAP Rate with Significant Rental Upside
7.61 GRM at the Asking Price
Offered at a Low Price Per Foot at $197/SF
Large Studio Units; Approximately Over 500 Square Feet
Several Units Include Renovated and Remodeled Units Achieving Market Rent

Property Flyers

Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
11 min - 6.6 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 6.8 mi
AirportDriveWalkDistance
Los Angeles International 18 min - 9.5 mi
Long Beach (Daugherty Field) 24 min - 18.1 mi
Bob Hope 30 min - 21.8 mi
Sean Nami 310-279-7779 Lyon Stahl Investment Real Estate
Sean Nami 310-279-7779 Lyon Stahl Investment Real Estate