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South Los Angeles Investment Property. Located in the vibrant Congress Southeast neighborhood on the major Figueroa Street corridor, this 6-unit apartment building offers strong rental income potential with 5 studio units and one 1-bedroom, 1-bathroom unit. It has a strategic location with public transportation just steps away, including Broadway/104th bus service to Downtown LA and convenient access to the Green Metro Line to LAX. Downtown LA is only 15-20 minutes by car, making this building attractive to renters seeking central Los Angeles accessibility without downtown pricing. According to the owner, the 1B/1B unit has unpermitted internal demising walls making it 3 rooms with a bathroom and a kitchen. This unit is leased out short term with the average monthly net rent of $2,130 a month.
Property Type(s):
Residential Income
| Last Updated | 6/24/2025 | Year Built | 1950 |
|---|---|---|---|
| Community | C36 - Metropolitan Southwest | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Oven, Gas Range, Microwave, Refrigerator |
| AREA | C36 - Metropolitan Southwest |
| HEAT | None |
| LOT | 6499 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 50'x130' |
| PARKING | Assigned, Driveway, Paved, Tandem, Unassigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with CONROY COMMERCIAL INC.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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