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.
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
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
3501 N Figueroa Street Market Data
Based on the last 30 days in this zip code
3501 N Figueroa Street History
| Date | Value | Agent |
|---|---|---|
| 6/19/2026Source: CRMLS | June 19, 2026 |
|
| 12/1/2022Source: TheMLS (CLAW) | December 01, 2022 |
|
| 9/28/2022Source: CRMLS | September 28, 2022 |
|
| 9/23/2022Source: CRMLS | September 23, 2022 |
|
| 9/22/2022Source: CRMLS | September 22, 2022 |
|
| 6/24/2022Source: TheMLS (CLAW) | June 24, 2022 |
|
| 6/24/2022Source: TheMLS (CLAW) | June 24, 2022 |
Contact Information: [email protected] - (626) 584-0050