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1053 Figueroa Ter
Los Angeles, CA 90012 Echo Park

$1,999,800 USD

Apartments For Sale • 7,658 SF

Property Details

Property Type Apartments
Total Building Size 7,658 SF
Lot Size 0.17 AC
Building Class C
Year Built 1992
Cap Rate 4.99 %
Zoning LARD1.5

74 Transit Score

72 Walk Score

                
                    Highlights
                
                                Located adjacent to  Echo Park/ Chinatown/Silvery areas 
                            
                                Great City View, custom built  by owner in 1992 for his own family used
                            
                                Large condo style owner unit with attached 2 car garage , total 10 parkings. Spacious rental units 
                            
                                Rent low with upside potential 
                            
                                ADU possibilities, large bonus room & storage rooms with utilities, dry walls & windows

Financial Summary (Actual)

Net Operating Income: $99,716 USD (2024)

Cap Rate:	4.99 %
Total Expenses:	$33,212 USD

Amenities

Balcony
Dishwasher
Disposal
Storage Space
Kitchen
Range
Views
Carpet
Deck
Patio

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	4 min	-	1.5 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	6 min	-	1.5 mi
Transit/Subway	Drive	Walk	Distance
Chinatown Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Bob Hope	24 min	-	16.2 mi
Los Angeles International	27 min	-	16.2 mi
Long Beach (Daugherty Field)	33 min	-	24.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Stella Chow 626-660-1100 RE/MAX Premier Properties

1053 Figueroa Ter Los Angeles, CA 90012 Echo Park