5606 S Figueroa Los Angeles, CA $ 1,949,000
5606 S Figueroa
$ 1,949,000
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5606 S Figueroa

Los Angeles, CA, 90037
$ 1,949,000
Baths2.0 Sq 9,090

Monthly Estimate*

$ 12,000

Listed by FACTIO GROUP
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,949,000 with 2 full baths. This 9,090 square foot home was built in 1927 on a lot size of 0.1395.

5606 S Figueroa Street is a 16-unit apartment separately metered for gas and electricity in the South Los Angeles neighborhood of Los Angeles. Numerous capital improvements have been completed at the building over the years including a newly painted exterior facade, interior common area hallways and multiple interior unit improvements. The opportunity consists of thirteen (13) studio units and three (3) two-bedroom units. There is still approximately 32% rental upside that can be achieved as the units turnover.

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Multi-Family Active

Price

$ 1,949,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1395

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV26024244

Days on Market

60

Features
General
Sewer Private Sewer
Garage Spaces 0
Pool Features None
Year Built 1927
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 232910
Community Features Sidewalks
County Los Angeles
Net Operating Income 129242
Operating Expense 98043
Insurance Expense 13511
New Construction false
Property Type Residential Income
MaintenanceExpense 13600
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions on South Figueroa Street between 56th Street & 57th Street
City Los Angeles
Entry Location south
Senior Community Y/N false
Number Of Units Total 16
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 6075
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1365
Fuel Expense 5034
Trash Expense 5596
Water Sewer Expense 8137
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Property Sub Type Additional Apartment
Taxes 23940
Cap Rate 6.63
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features None
Entry Level 1
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Exterior
Lot Features 16-20 Units/Acre
Water Source Private
Total Parking 0
Lot Size Area 6075
Number of Buildings 1
Building Area Total 9090
Lot Size Acres 0.1395
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 13
Number of Separate Electric Meters 13
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* Excluded Features
List By
Factio Group

Broker

andres.diaz@kw.com

Email

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$12,000
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Monthly Principal & Interest
$12,000
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2026$1,949,000 -2.31% Price Down
2/3/2026$1,995,000 Listed Price

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5606 S Figueroa, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,949,000 with 9,090 sqft and a lot size of 0.1395. 5606 S Figueroa is a studio with 2.0 baths and was built in 1927. The property's zip code is 90037 which is in Los Angeles, CA