3501 N Figueroa StreetLos Angeles, CA 90065

Multi-Family · 1,373 Sq. ft. | 0.13 Acres
$948,000 Active

3501 N Figueroa Street Overview

Time on Site:
11 days
Visits:
0

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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3501 N Figueroa Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,373
  • Price/Sq.ft. $690
  • Lot 0.13 Acres

Details

General

Income/Expenses

  • Other Expense: 1200.0
  • Gardener Expense: 1440.0
  • Gross Income: 72000.0
  • Gross Scheduled Income: 72000.0
  • Insurance Expense: 700.0
  • Net Operating Income: 64280.0
  • Operating Expense: 7720.0
  • Trash Expense: 780.0

Building Information

  • Year Built: 1940

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 680 - Mount Washington
  • Postal City: LOS ANGELES
  • Subdivision Name: Not Applicable

Community/Development

  • Community Features: Curbs

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas,Water

General Information

  • Disclosures: Rent Control
  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 5446003016
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 1373.0

General Information

  • Appliances: Gas Range,Refrigerator,Dryer,Washer
  • Common Walls: 1 Common Wall
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate,Wood
  • Laundry Features: Outside
  • Levels: One
  • Spa Features: None
  • Spa: No
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway,Paved
  • Parking Total: 4.0

Lot Information

  • Lot Features: Drip Irrigation/Bubblers,Landscaped
  • Lot Size Acres: 0.13
  • Lot Size Area: 5664.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5664.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Water Source: Public

Waterfront/View

  • View: Yes

Building Exterior/Construction

  • Architectural Style: Traditional
  • Property Attached: Yes

General Information

  • Fencing: Wood
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

3501 N Figueroa Street Neighborhood

Community

90065 (Los Angeles) Demographics

37
Median Age
8,975
Population Density (per sq. mile)
44%
College Educated
$76,080
Estimated Median Income
7,557
Estimated Total Home Owners
8,687
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3501 N Figueroa Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3501 N Figueroa Street Market Data

Based on the last 30 days in this zip code

$1,213,430
Average List Price
$734
Average Price per Square Foot
27
Properties Sold
73
Average Days on Market
347
Properties for Sale
Calculations provided by Reliance Network

3501 N Figueroa Street History

Date Event Value Agent
6/19/2026Source: CRMLS Added to Database
June 19, 2026
12/1/2022Source: TheMLS (CLAW) Added to Database
December 01, 2022
9/28/2022Source: CRMLS Added to Database
September 28, 2022
9/23/2022Source: CRMLS Added to Database
September 23, 2022
9/22/2022Source: CRMLS Added to Database
September 22, 2022
6/24/2022Source: TheMLS (CLAW) Added to Database
June 24, 2022
6/24/2022Source: TheMLS (CLAW) Added to Database
June 24, 2022
Listing provided courtesy of Coldwell Banker RealtyKerry Jackson- MLS# P1-27678MLS ProviderContact Information: [email protected] - (626) 584-0050
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