Residential Income
6558 FIGUEROA, Highland Park, CA 90042
For Sale
$1,248,888
Constructed in 2006, this residential income property is located in Highland Park.
Property Size2,632 SF
Days on Market23
Property Features for 6558 FIGUEROA
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Building Details
Building Size
Year Built
Listing Agency:
RICHETTS INVESTMENT
Listed By:
Michael Lam · License #01009884
(626) 374-8888
Source:
Milsteinestates
Added: Oct 18
Changed: Nov 6
Last Checked: Nov 8 at 3:21PM
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 RICHETTS INVESTMENT
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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.
The residential income property at 6558 Figueroa in Highland Park, California, was built in 2006. Its listed address is in ZIP code 90042.
Key Highlights
- Built in 2006
- 6558 Figueroa, Highland Park, CA 90042
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,351
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,020
$847.0K
Cap Rate 7%
$605,014
$605.0K
Cap Rate 9%
$470,567
$470.6K
Market Conditions
NOI Build-Up for 2,632 SF
Gross rent
$83.7K $31.80/SF
− Vacancy
−$6.7K −$2.54/SF
EGI
$77.0K $29.26/SF
− OpEx
−$34.7K −$13.17/SF
NOI
$42.4K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,020
Cap Rate 7%
$605,014
Cap Rate 9%
$470,567
Alternative Uses
Best Use
Apartment 5plus
$605.0K
$529.4K – $705.9K
NOI $42,351 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,641 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,853
Businesses Nearby
Explore this area
Business Placement
Demographics for 90042, CA
58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Los Angeles County, CA
Properties on Market for Residential income properties in Los Angeles County
Frequently Asked Questions
What type of property is this?
Residential income property - Constructed in 2006, this residential income property is located in Highland Park.
Where is this residential income property located?
The property is located at 6558 FIGUEROA Highland Park, CA.
What is the asking price?
The asking price for this property is $1,248,888.
What are key features of this property?
This property features: Built in 2006; 6558 Figueroa, Highland Park, CA 90042
