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10210 S Figueroa St
Los Angeles, CA 90003
Figueroa Oaks · Multifamily Property For Sale
·
32 Units
EXECUTIVE SUMMARY
Enrique Viramontes is proud to present, for the first time since its construction in 1999, the sale of the Figueroa Oaks! This 32 unit affordable housing investment opportunity was built under the Low Income Housing Tax Credit program providing much needed housing to qualifying tenants. Comprised of extremely open and functional floor plans, the unit mix consists of huge Two, Three and Four bedroom units. The property sits on over 46,000 Sq Ft of land and offers several common area amenities including a playground area, recreation meeting room, laundry room and BBQ area. Tenants are also offered assigned parking in the building’s gated lot – 51 parking spaces total.
The property may qualify for Low Income Housing Tax Credits (LIHTC) from the California Tax Credit Allocation Committee (CTCAC). Buyer to verify and investigate tax credit opportunities and regulatory agreement restrictions.
The property may qualify for Low Income Housing Tax Credits (LIHTC) from the California Tax Credit Allocation Committee (CTCAC). Buyer to verify and investigate tax credit opportunities and regulatory agreement restrictions.
PROPERTY FACTS In Escrow
| Price Per Unit | $193,828 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.16% | Lot Size | 0.67 AC |
| Gross Rent Multiplier | 10.95 | Building Size | 46,976 SF |
| No. Units | 32 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1999 |
| Property Subtype | Apartment | Parking Ratio | 0.77/1,000 SF |
| Zoning | LAC2 | ||
| Price Per Unit | $193,828 CAD |
| Sale Type | Investment |
| Cap Rate | 3.16% |
| Gross Rent Multiplier | 10.95 |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 46,976 SF |
| No. Stories | 3 |
| Year Built | 1999 |
| Parking Ratio | 0.77/1,000 SF |
| Zoning | LAC2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 6 | $1,695 CAD | - |
| 3+2 | 20 | $1,615 CAD | - |
| 2+1 | 6 | $1,041 CAD | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,491,755 CAD | |
| Land Assessment | $1,032,767 CAD | Total Assessment | $6,524,523 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,032,767 CAD
Improvements Assessment
$5,491,755 CAD
Total Assessment
$6,524,523 CAD
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