1026 Figueroa Ter - Apartments FOR SALE


Los Angeles, CA 90012- Echo Park
$1,200,000 USD
626-440-5100
1026 Figueroa Ter, Los Angeles, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/23
null | 6% Cap Rate

1026 Figueroa Ter
Los Angeles, CA 90012
Echo Park


HIGHLIGHTS

  • Both units will be delivered vacant at the close of escrow.
  • Close to Dodger Stadium, Eastside Deli, and Downtown Los Angeles.

OVERVIEW

Calling all Dodgers fans, to this rare corner lot Duplex located near Stadium Way! Both units will be delivered vacant at the close of escrow. Each unit is classically designed featuring two bedrooms and a full bath, new windows, hardwood floors throughout, and individual single car garages. The property provides picturesque views of Downtown Los Angeles. Perfect for an owner-occupied rental. Offers a 6% pro forma cap rate if both units are leased, and a 2.9% cap rate should it be owner occupied.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$680 USD /SF

# OF UNITS

2

PRICE/UNIT

$600,000

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1914

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,552 SF

ZONING

R3

APN/PARCEL ID

5406-026-002

ASK ABOUT THIS PROPERTY

Chad WatkinsBerkshire Hathaway HomesServices CaliforniaMore Info
626-440-5100

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Chad WatkinsBerkshire Hathaway HomesServices CaliforniaMore Info
626-440-5100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.