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Executive Summary

We are proud to present 10311 S Figueroa St, an attractively priced 4-unit + ADU (5 units total) multifamily property in Los Angeles. Offered at an 8.22% CAP and an 8.05 GRM on current rents, with upside potential to achieve a 10.06% CAP and a 7.01 GRM upon stabilization, with TWO (2) UNITS DELIVERED VACANT.
Located just south of W Century Blvd and west of S Grand Ave, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Hyde Park, Inglewood and Crenshaw.
The property is comprised of three separate single-story structures with five residential units—offering a total of 2,424 rentable square feet. Built in 1943, the property sits on a 2,750 square foot LAC2-zoned lot with alley access.
The unit mix consists of two (2) three-bedroom one-bathroom units, two (2) one-bedroom units and one (1) studio unit. One (1) one-bedroom unit and one (1) studio unit will be delivered VACANT at closing, presenting an immediate opportunity to re-rent at market rents, and all units have been renovated. Contact the listing broker for additional information.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $102,918 $42.46

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $102,918
Annual Per SF $42.46

Property Facts

Price $1,249,029 CAD
Price Per Unit $249,806 CAD
Sale Type Investment
Cap Rate 8.22%
Gross Rent Multiplier 8.05
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 2,424 SF
Average Occupancy 60%
No. Stories 1
Year Built 1928
Parking Ratio 0.83/1,000 SF
Zoning LAC2 - 5,501 Square Foot LAC2 Zoned Midblock Double Lot with Alley Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 2 $1,883 CAD -
Studios 1 $1,943 CAD -
1+1 2 $3,608 CAD -
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 6061-028-014
  • 6061-028-015
Land Assessment
$592,152 CAD
Improvements Assessment
$197,380 CAD
Total Assessment
$789,532 CAD
  • Listing ID: 40009517

  • Date on Market: 2026-04-02

  • Last Updated:

  • Address: 10311-10315 S Figueroa St, Los Angeles, CA 90003

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