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Executive Summary

We are proud to present 10908 S Figueroa St, a 5-unit mixed-use property located in Los Angeles, operating at a 6.93% CAP and an 7.71 GRM on current rents, with potential upside to an 9.58% CAP and a 6.32 GRM on pro-forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of 1 two-bedroom units, 2 one-bedroom units, 1 studio and 1 commercial unit. Four out of five units have been renovated. There are also five uncovered parking spaces in the rear accessible by alley.
This opportunity is located in close proximity to the 110 and 105 freeways, as well as a number of community establishments such as Balbuena’s Mexican, Superior Grocers, Taco Vaquero, Playa Dorada and Surprise Market.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $72,561 $25.78

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 $72,561
Annual Per SF $25.78

Property Facts

Price $1,047,090 CAD
Price Per Unit $209,418 CAD
Sale Type Investment
Cap Rate 6.93%
Gross Rent Multiplier 7.71
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 2,815 SF
Average Occupancy 80%
No. Stories 1
Year Built 1926
Parking Ratio 1.78/1,000 SF
Zoning LAC2

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - -
1+1 2 - -
2+1 1 - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
6075-033-042
Land Assessment
$754,497 CAD
Improvements Assessment
$331,977 CAD
Total Assessment
$1,086,474 CAD
  • Listing ID: 36027741

  • Date on Market: 2025-05-29

  • Last Updated:

  • Address: 10908 S Figueroa St, Los Angeles, CA 90061

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