Property Details
About this Property
Exceptional Investment Opportunity – Turnkey Income Property with ADU Potential. This well-maintained multi-unit property offers the perfect blend of immediate rental income and long-term upside; great for investors and owner-users. All units are equipped with central air & heat, and updated with laminate and porcelain flooring. With separately metered water, gas, and electricity, tenants cover all utilities; the owner’s responsibility is limited to common area lighting and gate power, keeping expenses low. The property is in excellent condition—completely turnkey, with no capital improvements required. Buyers can start collecting rent immediately. There is also exciting ADU potential by converting the garages in the back into additional rental units, providing future value-add income. With a high Net Operating Income and strong tenant appeal, this is truly a one-of-a-kind opportunity for both investors and owner-users. Seller is offering one vacant unit for flexible occupancy or immediate rental placement.
MLS Listing Information
MLS #
CRSR25187192
MLS Source
California Regional MLS
Days on Site
10
Interior Features
Cooling
Central Forced Air, Other
Heating
Central Forced Air, Gas, Other
Exterior Features
Foundation
Concrete Perimeter
Pool
None
Parking, School, and Other Information
Garage/Parking
Carport, Garage, Garage: 2 Car(s)
Contact Information
Listing Agent
Jessica Altinoglu
Luxury Collective
License #: 02159983
Phone: –
Co-Listing Agent
Sandro Bononi
Luxury Collective
License #: 01401037
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
6616 S Figueroa St is a Triplex in Los Angeles, CA 90003. This – square foot property sits on a 4,200 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,199,900 and was built in 2018. This address can also be written as 6616 S Figueroa St, Los Angeles, CA 90003.
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This listing information is up-to-date as of August 26, 2025. For the most current information, please contact Jessica Altinoglu
