Four Units on Figueroa
For Sale
$829,000
5917 S Figueroa ST, Los Angeles, CA 90003
Four-unit property with mixed unit sizes, ideal for investors.
Property Size2,496 SF
Days on Market202
Property Features for 5917 S Figueroa ST
General Information
Standard status
Active
Size
2,496 SF
Property subtype
MULTI_FAMILY
Building Details
Building Size
2,496 SF
Year Built
1925
Listing Agency:
RICO & RICO REALTY AND ASSOCIATES
Listed By:
CONSUELO RODRIGUEZ · License #01762067
(626) 280-9232
Source:
Milsteinestates
Added: Apr 2
Changed: Oct 20
Last Checked: Oct 19 at 2:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RICO & RICO REALTY AND ASSOCIATES
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property features four units, offering an opportunity for both homeownership and investment. The unit mix includes three units with one bedroom and one bathroom each, along with one larger unit featuring four bedrooms and one bathroom. Each unit is equipped with its own gas and electric meter. The property is located in an area with a bike score of 78, indicating it is very bikeable, and a walk score of 74, signifying it is very walkable. The transit score is 61, suggesting good transit options are available.
Key Highlights
- Four units included: live in one, rent the other three for investment income.
- Each unit has separate gas and electric meters.
- FHA applicants welcome.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,504
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,130,080
$1.1M
Cap Rate 7%
$807,200
$807.2K
Cap Rate 9%
$627,822
$627.8K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$82.4K $33.00/SF
− Vacancy
−$1.6K −$0.66/SF
EGI
$80.7K $32.34/SF
− OpEx
−$24.2K −$9.70/SF
NOI
$56.5K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,130,080
Cap Rate 7%
$807,200
Cap Rate 9%
$627,822
Alternative Uses
Best Use
Apartment 5plus
$44.13M
$38.61M – $51.48M
NOI $3,088,935 @ 7.0% cap · market cap 372.61%
Second Best
Multifamily LT 5
$807.2K
$706.3K – $941.7K
NOI $56,504 @ 7.0% cap · market cap 6.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,747
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with mixed unit sizes, ideal for investors.
Where is this quadplex located?
The property is located at 5917 S Figueroa ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Four units included: live in one, rent the other three for investment income.; Each unit has separate gas and electric meters.; FHA applicants welcome.
