5606 S Figueroa, Los Angeles, CA 90037

5606 S Figueroa Street is a 16-unit apartment separately metered for gas and electricity in the South Los Angeles neighborhood of Los Angeles. Numerous capital improvements have been completed at the building over the years including a newly painted exterior facade, interior common area hallways and multiple interior unit improvements. The opportunity consists of thirteen (13) studio units and three (3) one-bedroom units. There is still approximately 30% rental upside that can be achieved as the units turnover.