Property Detail

8115 Figueroa

Los Angeles CA 90003

$850,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of JEFFREY GRAY of CONROY COMMERCIAL INC.. Last updated 2025-09-22 08:11:56.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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