9230 S Figueroa, Los Angeles, CA 90003
Quadruplex - Los Angeles, CA
- Added:
- Jun 24, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 26 at 5:06 am
Property Features for 9230 S Figueroa
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 12
- Exterior features
- Community Features Included: Urban, 0-1 Unit/Acre
- Standard status
- Active
- APN
- 6039004006
- Size
- 3,792 SF
- Lot size
- 5,550.00 Acres
Building Details
- Year built
- 1957
- Floors in Building
- 2
- Number of units
- 4
- Architectural style
- Other
Listing agent Trey Beltran License #02112359 (310) 975-4844
Listing office Equity Union 16820 Ventura Blvd., Encino, CA (818) 989-2000
Listing date Jun 24, 2026
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1957‑built 4‑plex on a 5,548 SF LARD2 lot, offered at $999,000 ($249,750/unit for the 4 units).
- ADU (1BD/1BA) is under construction and in final inspection phase, projected to add about $1,900/mo at certificate of occupancy.
- Scheduled turnovers: Unit 4 at $2,100 and Unit 2 at $1,800 set to vacate in July and October.
- Current 4‑unit gross income is $84,012/year, with a documented path to a stabilized ~8% pro‑forma cap (buyer to verify).
- Long‑tenured RSO units: two below‑market RSO units, including one reliable Section 8 placement; RUBS utility bill‑back to recover owner‑paid utilities.
- Minutes to the 110 & 105 Freeways, USC/Exposition Park, and the SoFi/Inglewood growth corridor.
Overview
The offering is located in South Los Angeles near the 110 and 105 freeways, USC/Exposition Park, and the SoFi/Inglewood growth corridor. Access is for drive-by viewing only; the seller requests that occupants not be disturbed. Full offering materials, including the OM, rent roll, and operating statement, are available for review.
From an ownership standpoint, the schedule of near-term turnover is a key consideration, with Units 4 ($2,100) and 2 ($1,800) scheduled to vacate in July and October. The current income base includes two below-market, long-tenured RSO units, with one unit described as a reliable Section 8 placement. The seller also notes a utility bill-back structure (RUBS) to recover owner-paid utilities and highlights RSO/CPI-related rent growth and vacancy decontrol on future move-outs. Buyer to verify units, ADU permits and certificate of occupancy, rents, RSO status, and square footage.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.28243
- Latitude
- 33.95208
