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Sold$1,110,000on Nov 3, 2025
6616 S Figueroa Street, Los Angeles, CA 90003
Luxury Collective
8Beds
5Baths
39Days Listed
About This Property
Exceptional Investment Opportunity Turnkey Income Property with ADU Potential. This well-maintained multi-unit property offers the perfect blend of immediate rental income and long-term upside; great for investors and owner-users. All units are equipped with central air & heat, and updated with laminate and porcelain flooring. With separately metered water, gas, and electricity, tenants cover all utilities; the owners responsibility is limited to common area lighting and gate power, keeping expenses low. The property is in excellent conditioncompletely turnkey, with no capital improvements required. Buyers can start collecting rent immediately. There is also exciting ADU potential by converting the garages in the back into additional rental units, providing future value-add income. With a high Net Operating Income and strong tenant appeal, this is truly a one-of-a-kind opportunity for both investors and owner-users. Seller is offering one vacant unit for flexible occupancy or immediate rental placement.
Jessica AltinogluLuxury Collective818-426-2465
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 8
- Bathrooms
- 5
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 39
- Cumulative Days on Market
- 40
- Original Price
- $1,199,900
Location & Neighborhood
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Los Angeles Market Snapshot
1,496
Active Listings
$798K
Median Price
84
Avg Days on Market
Last updated: Nov 5, 2025
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View allBased on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
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