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6 GRM! $116,250/Unit! We are pleased to present 10108 S. Figueroa St, a 12 unit apartment building in South Los Angeles with immediate access to the 110 Freeway. Built in 1953, the property features a uniform unit mix of (12) 1 bed / 1 bath units spread out over 5,523 square feet, on a 15,121 square foot LAC2 zoned lot made up of two parcels. The building has been well maintained, with renovated units and ample on-site parking, an amenity that remains in high demand throughout the submarket. 10108 Figueroa produces excellent in place cash flow at a strong cost basis, and two units will be delivered vacant, so a future investor can lease them at market rents on day one. South Los Angeles has become one of the region's most active rental markets, driven by its central location and the major investment reshaping the surrounding area. The property sits a short drive east of Inglewood, where SoFi Stadium, the Intuit Dome, and the Hollywood Park development have turned the area into a world class sports and entertainment destination ahead of the 2028 Olympic Games. Tenants have easy access to Downtown LA via the 110 Freeway, with the Harbor Freeway Metro station serving the C Line toward LAX and the J Line toward Downtown just to the south. Strong cash flow, a durable unit mix, and a well connected location make this a compelling opportunity to own a stable income producing asset in one of LA's most dynamic growth corridors.
Property Type(s):
Residential Income
| Last Updated | 10/27/2026 | Year Built | 1953 |
|---|---|---|---|
| Community | C36 - Metropolitan Southwest | Garage Spaces | 12.0 |
| County | Los Angeles |
Additional Details
| AREA | C36 - Metropolitan Southwest |
|---|---|
| GARAGE | Yes |
| LOT | 0.3471 acre(s) |
| LOT DIMENSIONS | 15121 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with Lyon Stahl Investment Real Estate, 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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