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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.
DAYS ON MARKET | 88 | LAST UPDATED | 6/24/2025 |
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YEAR BUILT | 1950 | COMMUNITY | C36 - Metropolitan Southwest |
COUNTY | Los Angeles | STATUS | Active |
PROPERTY TYPE(S) | Residential Income |
ADDITIONAL DETAILS | |
AIR | None |
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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 |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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