3501 N Figueroa Street
Los Angeles, CA, 90065 $ 948,000
Baths1.0 Sq 1,373 Monthly Estimate*
$ 5,986
Listed by Coldwell Banker Realty
Studio for $948,000 with 1 full bath. This 1,373 square foot home was built in 1940 on a lot size of 0.13.
Nestled on a gated corner lot in the heart of Northeast Los Angeles, this fully leased duplex blends strong rental income with thoughtful updates and exceptional outdoor living. Generating $6,000 per month in gross rental income, with the front unit leased at $2,800 per month and the rear garden unit leased at $3,200 per month, the property consists of two 2-bedroom, 1-bath residences, each offering a private entrance, its own laundry area, fenced yard space, and abundant off-street parking. Recent improvements include a newer roof, copper plumbing, dual-pane windows, upgraded electrical panels, mini-split heating and air conditioning systems, recent interior and exterior paint, and extensive landscaping and hardscape enhancements. Both residences feature bright interiors, remodeled kitchens with quartz countertops and new fixtures, remodeled bathrooms with new fixtures, and private outdoor spaces designed for everyday living and entertaining. Ideally positioned near Highland Park, Mount Washington, Downtown Los Angeles, Elysian Park, Dodger Stadium, and major transportation corridors, this turnkey investment opportunity offers strong in-place income, privacy, and long-term upside in one of Northeast LA's most desirable neighborhoods.
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FeaturesGeneralSewer Public Sewer
Heating See Remarks
Cooling See Remarks
Appliances Gas Range Refrigerator Dryer Washer
HOA Fee 0
Garage Spaces 0
Architectural Style Traditional
Pool Features None
Year Built 1940
Tenant Pays Electricity Gas Water
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 72000
Community Features Curbs
County Los Angeles
Net Operating Income 64280
Operating Expense 7720
Insurance Expense 700
Property Type Residential Income
Subdivision Name Not Applicable
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions From the 110 or 5 Freeway take Figueroa St toward Cypress Park. Property is located on the corner of Figueroa St and Amabel St.
City Los Angeles
Disclosures Rent Control
Senior Community Y/N false
MLS Area 680 - Mount Washington
Lot Size Units Square Feet
Lot Size Square Feet 5664
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Property Condition Updated/Remodeled
Trash Expense 780
Water Sewer Expense 0
Rent Control Y/N true
Standard Status Active
Year Built Source Assessor
Tax Lot 1
Property Sub Type Additional Duplex
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InteriorFlooring Laminate Wood
Fireplace Features None
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Outside
Total Baths 0
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ExteriorFencing Wood
Parking Features Driveway Paved
Lot Features Drip Irrigation/Bubblers Landscaped
Water Source Public
Total Parking 4
Lot Size Area 5664
Number of Buildings 1
Spa false
Building Area Total 1373
Lot Size Acres 0.13
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
kerryjacksonrealestate@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,986
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,907,446
Percent of Sale Price 101%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/19/2026 | $948,000 | | Listed Price |